Senior Actuarial Analyst II
In this role you will proactively provide actuarial reserving services and leadership within various commercial, specialty and legacy lines by demonstrating technical competence in a variety of actuarial/statistical concepts, practices and procedures while taking the lead in defining project scope, key issues, timeframes, and analytical approaches and priorities with a large degree of creativity and self-direction.
Location: Sun Prairie, Wisconsin or Atlanta, GA or New York, New York, or Chicago, IL
Work Arrangement: QBE requires employees to work in office 8-12 days a month
Responsibilities
- Focus primarily on reserving for various commercial, specialty and legacy lines of business.
- Leverage technology in new and innovative ways and effectively communicate issues; recognize and propose solutions to current/existing analyses and new opportunities.
- Continuously enhance actuarial processes to reflect changing demands.
- Construct analytical approaches by determining data needs, identifying appropriate data sources, and recognizing data anomalies while making optimal use of all resources.
- Meet quality service standards by ensuring all worksheets and analyses are clearly documented and footnoted; ensure all appropriate work products are reviewed by a more senior actuary while meeting deadlines without sacrificing work product quality.
- Execute actuarial analyses in a clear and well-organized fashion aimed at the appropriate audience and adjust workload where possible to meet deadlines.
- Support financial planning and product pricing by analyzing data and forecasting company exposures to enable risk management and facilitate profitable, long-term business strategy.
- Communicate knowledge of extensive and impactful financial strategies by monitoring emerging risk issues, trends, and product lines; inform management of best practices to influence adoption of robust and valid recommendations for business development.
- Develop deep relationships within the department and meaningful relationships outside of the department through project interactions.
- Engage in recruitment activities and help develop more junior actuaries.
- Contribute to systems, models, and procedural revisions by conducting research and recommending changes to encourage efficiency and organizational competitiveness in the market.
- Share technical expertise by resolving basic actuarial modeling and risk issues from internal and external sources; escalate issues to ensure the department delivers quality analyses and meets business needs.
- Support the department by taking personal accountability and responsibility for accomplishing particular tasks; continuously go beyond what is required to overcome obstacles and learn from mistakes while receiving constructive feedback.
- Learn from past experiences and seek guidance and coaching from more senior actuaries.
- Independently seek out opportunities for further development and enrichment; actively pursue actuarial credentials or maintain continuing education requirements if already credentialed (if on the actuarial track).
- Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity, and fun.
Requirements
- Bachelor's Degree or equivalent combination of education and work experience.
- 4+ Casualty Exams completed.
- 3-10 years in an Actuarial or Analytics department.
- Working knowledge of statistical methods and specialized math including calculus and probability.
- Knowledge of current and possible future policies, practices, trends, technology, and information affecting the business and organization; understands how the industry works.
- Working knowledge of computer systems and software such as SAS, R, and Python.
- Advanced working knowledge of Microsoft Excel.
- Working knowledge of basic to moderately complex actuarial techniques.
Skills
- Actuarial Science
- Analytical Thinking
- Business Writing
- Communication
- Critical Thinking
- Customer Service
- Data Science
- Detail-Oriented
- Financial Modeling
- Financial Risk Management (FRM)
- Intentional collaboration
- Managing performance
- Process Improvements
- Risk Management
- Stakeholder Management
- Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Identify complex problems and review related information to develop and evaluate options and implement solutions.
- Implement planning to prioritize, organize, and measure own work.
- Adapt and be flexible in a complex changing environment.
- Choose a solution to a problem even in ambiguous or difficult situations.
- Clearly and confidently convey information to a wide audience.
- Keep an open mind, consider unique approaches, and be open to change and considerable variety in the workplace.
Pay
The salary range for this role is:
- Sun Prairie, Wisconsin: $98,500 - $147,500
- Atlanta, GA: $98,500 - $147,500
- New York, New York: $123,000 - $184,500
- Chicago, IL: $108,500 - $162,500
The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.
Benefits
- Hybrid working – a mix of working from home and in the office.
- 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis.
- Competitive 401(k) program with company match up to 8%.
- Well-being program including holistic wellbeing coaching, gym membership, confidential counseling, financial and legal advice.
- Tuition reimbursement for professional certifications and continuing education.
- Employee Network and Community – QBE actively supports six Employee Networks and many ways to give back to your community.