drjobs Actuarial Analyst I

Actuarial Analyst I

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1 Vacancy
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Job Location drjobs

Johnston, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

Essential Job Duties and Responsibilities:

  • Work closely with Actuarial Manager.
  • Supporting annual experience studies through trend and loss analysis projects for auto farm owners general liability commercial property and umbrella lines of business.
  • Develop indications on a state basis for product filings including preparing support for rate changes and responding to DOI objections.
  • Develop and implement actuarial metrics and performance indicators to monitor and support business strategy and provide actionable insights for decisionmaking.
  • Maintain and continuously improve rate indication processes and checks.
  • Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace.
  • Assist product team in updating loss costs and rate impact studies.
  • Develop dashboards and applications to serve internal and external actuarial stakeholders.
  • Ability to exercise discretion and apply independent judgment and critical thinking skills in of assignments.
  • Design pricing plans and risk management strategies.
  • Report and communicate findings while delivering work products in a timely fashion.
  • Special projects and other adhoc requests.

Knowledge Skills and Abilities

  • Excellent written and verbal communication skills.
  • Solid interpersonal skills and the ability to work in a team environment as well as independently
  • Ability to identify prioritize and manage the tasks necessary to meet department deadlines.
  • Balance work requirements with studying for exams.


Qualifications
  • A Bachelors degree in Mathematics Statistics Economics Actuarial Science or related field.
  • Minimum 02 years relevant experience required.
  • Minimum 2 Casualty Actuarial Society Exams.
  • Prior experience and knowledge of basic actuarial techniques and standards and insurance operations.
  • MS Office Excelrequired VBA SQL R or Python skills are beneficial.



Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

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