DescriptionOverview:
This Senior Actuarial Analyst position is responsible for supporting the Accident & Health pricing unit of Commercial Insurance (CI) Actuarial. The role is based in our Philadelphia PA office and reports to a Senior Assistant Actuary within the A&H pricing actuarial team.
Duties and Responsibilities related to these product lines:
- Support pricing and rater development for a variety of products including accident dental supplemental health and travel insurance
- Complete annual profit studies and reserve reviews as well as ad-hoc pricing requests
- Work with A&H management to develop/revise rating algorithms including providing actuarial rate filing support for state regulators
- Collaborate with various stakeholders including Underwriting IT Product Development and Filing teams
- Complete monthly quarterly and annual reporting requirements for price monitoring actual versus expected claim reviews and historical experience studies
QualificationsQualifications:
- Bachelors degree or higher in a quantitative field such as Mathematics Actuarial Science Statistics Finance Economics or a related field.
- ASA preferred or equivalent industry qualifications.
- 3 years of relevant actuarial pricing or reserving experience or a combination of relevant industry experience and technical skills.
- Proficiency in Excel
- Familiarity with a programming or querying language such as SQL / R / Python along with a keenness for data (collection manipulation report design sensibility checks and attention to detail) a plus
- Complex analytical and problem-solving skills; ability to determine the source of a problem and find effective solutions
- Clear organizational and documentation skills and an ability to meet scheduled due dates
- Dynamic collaboration skills and the ability to work closely with other disciplines; to provide clear and concise verbal and written communications regarding analyses and observations to non-actuarial business partners and leaders
Required Experience:
Senior IC