Actuary / Senior Actuary

  • 32524
  • Non-Life - Actuarial
  • |
  • Texas, United States
  • |
  • Mar 22, 2017
Insurance Organization
RESPONSIBILITIES
  • Leads the development, implementation and oversight of actuarial best practices while working closely with partners in pricing, valuation, finance and corporate roles.
  • Assists in the development of risk/return pricing standards and risk management methodologies based on actuarial and capital market/economic principles.
  • Leads the review of new product strategies, GLM model development, design, pricing, and implementation.
  • Drives process improvements and insight leadership from an actuarial perspective.
  • Develops pricing indications so as to attain an underwriting profit. Prices alternative structures as needed.
  • Clearly communicates pricing indications to underwriters/senior company management. Articulates information in a way that can be interpreted and understood at all levels.
  • Keeps supervisor informed of activities and situations which will impact the achievement of corporate and department goals and objectives.
  • Performs other related duties as required to achieve the goals and objectives of the company and department.
QUALIFICATIONS
  • Undergraduate Degree or 4+ years of comparable work experience; education concentration in Actuarial Sciences is preferred.
  • ACAS required, FCAS preferred.
  • 5-7+ years of increasing financial, product and management experience that directly aligns with the specific responsibilities for this position.
  • Experience and/or proficiency in pricing and/or risk management functions is preferred
  • Understanding with base knowledge in complete range of actuarial functions, including but not limited to, reserving, pricing, business planning, financial reporting, management information, product development, reinsurance and database management.
  • Familiarity with the use of statistical modeling software (SAS, R, Emblem, etc.) highly desired. Programming and data manipulation skills a plus.
  • Basic understanding of actuarial and other insurance related models (i.e. property CAT, ROE and RBC models).
  • Strong understanding of insurance products and marketplace conditions and how they impact financial models and results.
  • Strong PC and technical skills - Excel, SAS, VBA, & PowerPoint; Sound understanding of databases and data extraction.
  • Crisp and confident communication of analysis, explaining complex technical information to a non-technical audience.
  • Strong relationship management skills.