Actuarial Associate - Pricing

Key Accountabilities/Deliverables

• Assists with the development of new rating tools when requested, while supporting existing rating tools
• Supports pricing of new program opportunities and existing programs and product lines with technical pricing, expected loss ratios, indicated capital utilization, and any reinsurance analytics as requested
• Synthesizes and shapes key messages for monthly, quarterly, and/or ad-hoc reports as needed
• Supports rate filings as requested
• Applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses
• Prepares and may help present summaries of actuarial analyses for distribution to business partners and senior leadership
• Participates in the development and documentation of actuarial department processes
• Prepares for and progresses in the CAS examinations through on-the-job and home study

Technical Knowledge and Understanding

• Ownership of tasks, parts of project/BU
• Becomes aware of where sense of urgency is needed and manages time and prioritizes as needed
• Adapts future behaviors based on prior mistakes
• Fosters effective relationships with business partners; is considered key resource
• Solicits, accepts, and reacts positively to feedback
• Shares knowledge with team

Experience

• A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required
• 2 or more years of relevant experience
• 4 or more exams completed

Pay Range

The expected pay range for the role is $95,000 - $130,000. The specific offer will depend on an applicant’s skills and experiences.