Assistant Actuarial Analyst
Minnetonka MN or Troy MI (Hybrid Schedule: 3 days In-Office 2 Days Work-From-Home)
Tokio Marine HCC Public Risk Group part of the Tokio Marine family of companies is amarket leader in specialized insurance solutions for municipal work with cities townships villages public safety departments and special districts across the countryhelping them protect their communities through innovative coverage and trusted partnerships.
We are seeking a detail-oriented Assistant Actuarial Analyst who will work closely with key business partners to assist with gathering and analyzing data preparing actuarial analyses and state rate this role you will build and maintain analytical tools and produce reports that support business decisions and operations. The ideal candidate lives within a reasonable commuting distance to Minnetonka MN or Troy MI and is comfortable with a Hybrid In-Office Work Schedule.
What Youll Do
Prepare routine data reports and submissions
Build and improve on the availability integrity accuracy and reliability of data and data pipelines
Regularly monitor issues surrounding Actuarial data and processes making sure solutions continue to work and are well documented
Identify opportunities for automation and implement with supervisor approval
Support analyze and evaluate various lines of business to project loss ratios for future business including producing full reports for underwriting management or reinsurers.
Prepare rate filings working cooperatively with other areas such as Underwriting and Compliance
Assist in preparing rate indications and recommendations
Assist with monitoring price levels and profitability through periodic analyses
Assist in developing and delivering tools to drive appropriate portfolio and policy level decision making
Assist in product development by estimating impacts of new or enhanced coverages and preparing rate pages and filing support
Assist with loss and LAE reserve analyses
Develop a foundational knowledge of the functions performed by the Actuarial department and how the department relates to other functional areas of the organization
What You Bring
Bachelors degree inActuarial Science Mathematics Statistics or a related field.
Completion of14 actuarial exams(CAS or SOA; 2 preferred).
Experience or coursework indata analytics programming or insurancepreferred.
Proficiency inExcel SQL and comfort with programming tools (Python a plus).
Strong analytical problem-solving and organizational skills.
Ability to communicate clearly and confidently across teams.
Why Join PRG
The Tokio Marine HCC Group of Companies is a successful dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visitfor more information about our companies.
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Required Experience:
IC
Specialty Group boasts a product suite that provides coverage for a myriad of needs within the sports, entertainment, travel, and hospitality industries. Our robust portfolio and global presence helps insureds take on incredible challenges without assuming incredible financial risks.