Actuary- North American Specialty

About the role

Support the North American Specialty (NAS) Environmental business’s profit, growth and operational objectives by performing advanced actuarial pricing analyses. The role will involve working closely with the Senior Actuary and Underwriters to understand drivers of business performance and develop appropriate portfolio-level pricing strategies accordingly.

Responsibilities

• Portfolio analysis: in-depth reviews of the portfolio’s composition and profitability
• Rating models: maintenance and enhancement of existing models and development of new models as necessary
• Parameter studies: periodic data-driven reviews of pricing parameters
• Clear communication of results of actuarial analyses to underwriters, finance, management, and claims personnel
• Participation in discussions with lead Underwriters and Claims personnel regarding profitability and strategic direction
• Participation in the reinsurance placement process as necessary
• Responding to ad hoc analysis requests from Underwriting, Claims, and senior management

Qualifications

• Bachelor’s degree required; Master’s degree preferred
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience
• Minimum 5–7 years relevant experience required
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization
• Ability to motivate and mentor peers and motivate and train subordinates
• Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models