Actuarial Associate, North American Actuarial Group
Actuarial Associate, North American Actuarial Group
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$ 70000 - 75000
1 Vacancy
Job Description
Job Objectives:
Allied World has a position available in its Actuarial Department. The actuary will interact throughout Allied World U.S. and will work with other actuaries underwriters IT and claims personnel. The actuary will play an important role in the Professional Lines division of the Actuarial Department and will perform various types of actuarial analyses rating analyses profitability reviews and special projects. Assigned responsibilities will include:
Duties and Responsibilities:
Provide Actuarial support for product lines as assigned; develop and/or maintain rates rating factors and rating models.
Assist with profitability monitoring through actuarial analyses and price monitoring.
Work with others to develop rating specifications for strategic systems.
Help prepare rate filings as needed.
Promote data completeness and quality help identify information needs develop reports and provide actuarial analyses.
Assist with evaluating new initiatives and opportunities.
Participate in the planning process as needed.
Prepare information and provide support for reinsurance renewals.
Special projects as assigned.
Compensation:
The below annualized base pay range is a broad range based on analysis of similarpositions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations including but not limited to complexity location and scope of the role along with experience skills education trainingand other conditions of employment. Base salary represents one component of Allied Worlds comprehensive total reward package which may also include annual incentive compensation rewards.
$70000 - $75000
Requirements:
Bachelors degree in actuarial science mathematics computer science or other technical major preferred.
Interest in progressing toward Casualty Actuarial Society designation.
0-3 years prior Actuarial experience in the industry.
Strong technical skills in Excel Access and Word; familiarity with SAS and SQL.
Some knowledge of insurance data coding structures and concepts.
Strong communication analytical and organizational skills.
About Fairfax
Fairfax is a holding company which through its subsidiaries is engaged in property and casualty insurance and reinsurance and investment management.
Allied World
Allied World Assurance Company Holdings Ltd through its subsidiaries is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients cedents and trading partners with thoughtful service and meaningful coverages since are a subsidiary ofFairfax FinancialHoldings Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Our generous benefits package includes Health Dental and Disability Insurance a company match 401k plan and Group Term Life World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability veteran status or any other characteristic protected bylaw.
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IC
Employment Type
Full Time
Key Skills
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