Actuary

Responsibilities

• Analyze both internal and external data to adapt and develop advanced rating methodologies for existing company products
• Use advanced techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results
• Utilizes advanced loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses
• Produces regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company
• Represents the needs of the actuarial department on cross-functional projects
• Constantly seeks to improve current reporting and actuarial processes
• Participates in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines
• Performs advanced analytics and modeling techniques including but not limited to generalized linear modeling and other forms of multivariate analysis

Qualifications

• 6+ years of experience in a data-related role with working knowledge of information systems
• PREFERRED: 3+ years of experience in Pricing role within General Liability or Professional Liability
• MINIMUM: FCAS designation offered by the Casualty Actuarial Society
• Bachelor’s degree in a related field (mathematics, business, finance, technical)
• REQUIRED: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint)
• REQUIRED: Strong knowledge of VBA & SQL
• PREFERRED: Intermediate knowledge of Power BI, R, and Python
• REQUIRED: Knowledge of the insurance industry and IT systems
• Ability to adapt
• Strong problem-solving and communication skills
• Strong organization skills and ability to multitask and prioritize multiple tasks at once
• Ability to work outside normal work schedule to fulfill responsibilities
• Ability to travel on occasional basis

Benefits

• Competitive compensation plan
• Robust benefits package for full-time regular employees
• Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off
• 401(k) and Profit-Sharing plans