The primary role will be to provide actuarial support to the P&C Programs Insurance Business Unit. This division highly values actuarial support in both quantitative & qualitative capacities. The actuarial assistant will have the opportunity to lead as a liaison representing the actuarial team with business partners.
Job Functions
- Profitability Reviews/New Submission Analyses
- Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations
- Monitor and Reporting
- Monitor portfolio rate change pricing adequacy and underwriting mix change on new and renewal business to help Program Managers make informed decisions
- Actuarial Studies
- Analyses and research to improve pricing parameters and segmentation to better identify profitable opportunities
- Tool Building
- Designing programming maintaining and supporting tools used in pricing and book monitoring
- New Product Support/Rate Plan Improvement
- Collaborate with Underwriters to create and revise rating plans; develop state specific support for insurance departments
Qualifications :
Required Skills:
- Software skills: Proficient in SQL Excel/Word/ PowerPoint and experience w. Python preferred.
- Communication: both oral and written communication including presentations and marketing
- Leadership: Able to lead discussion with crossfunctional team.
- Collaboration: Able to effectively collaborate with crossfunctional business partners
- Efficiency: Strong productivity and organizational skills. Ability to deliver high quality work product in an efficient manner.
- Project Management: Strong project management
- Analytical and quantitative skills: theoretical and analytical problemsolver with creativity
- Demonstrated interest in actuarial science and insurance; no experience required.
- Interest in and ability to complete the actuarial exams and achieve professional property & casualty actuarial credentials.
Additional Information :
Bachelors degree with a concentration in a quantitative discipline such as actuarial science statistics computer science mathematics economics or operations research
Remote Work :
Yes
Employment Type :
Fulltime