Senior Actuarial Analyst (Specialty Lines)

Essential Duties And Responsibilities

• Provides complex analyses and participates in process development to support company objectives.
• Provides technical, actuarial analyses in the areas of pricing, reserving, analytics, and systems integration.
• Develops and enhances the pricing framework such as assessing profitability metrics, closing any pricing disparity, expanding modeling capabilities and exploring additional parameters.
• Manages multiple core/critical processes within the department.
• Manages processes and modified as needed to improve accuracy and efficiency.
• Manages and follows through with assigned projects.
• Completes assigned projects ensuring that they are delivered on time and within scope.
• Provides regular status updates to project/task lead.
• Safeguards key stakeholders are identified and regularly informed of project status.
• Assumes responsibility in a number of concurrent projects assigned.
• Works with individuals in other departments in fulfilling the actuarial role within larger projects.
• Promotes the use of predictive analytics throughout the organization.
• Works to continuously broaden knowledge and guides junior level team members.
• Provides training and technical guidance to actuarial department staff in support of a self-sustaining culture.
• Develops the skill to efficiently review others’ work and to provide valuable feedback.
• Broadens knowledge around business rules, industry structure and emerging events, and alternate data sources.
• Learns and applies current analytic tools and methods.
• Stays abreast of professional developments and industry trends.
• Fosters positive, collaborative working relationships with higher level experts across the organization.
• Researches, develops, and applies new analytical techniques that are applicable to the business and shares knowledge with peers and teammates.

Qualifications

• Technical Skills: Proficient in Excel, Python and SQL; Strong understanding of rating structures, pricing methodologies, and insurance operations; Strong technical pricing skills and knowledge of stochastic simulation techniques.
• Soft Skills: Excellent verbal and written communication skills; Ability to clearly explain complex actuarial concepts to both technical and non-technical audiences; Strong ownership mindset and ability to work independently while contributing to team initiatives; Strategic thinker with a proactive attitude and comfort working in ambiguity; Ability to work independently in deriving solutions to new business problems.
• Education And Experience: Bachelor's degree from four-year college or university required with a major or emphasis in Mathematics, Statistics, Economics, Computer Science, or related field; Minimum of 4 Casualty Actuarial Society (CAS) exams required; Minimum 3 years of related experience required; Experience in commercial lines pricing preferred.