Actuary

  • 33006
  • Life - Actuarial
  • |
  • New York, United States
  • |
  • Oct 26, 2017
Reinsurance Organization
RESPONSIBILITIES
  • (50%) Pricing responsibilities and oversight of the analysis, modelling, and underwriting in preparation of quotes and renewals as well as documentation of the work for the New York office lines of business
  • (20%) Provide consulting services and assist in product development in the New York office lines of business
  • (15%) Participates in analysis and decision making on inforce business to assure continued profitability
  • (5%) Assist in the reserving for all lines of business (IBNR)
  • (5%) Responsibility for and oversight of the transfer of information on recently accepted quotes to the accounting, administrative, and corporate actuarial areas.
  • (5%) Participates in development of actuarial pricing assumptions allowing the company to compete on a profitable basis in a highly competitive market
QUALIFICATIONS
  • Bachelor’s Degree in Actuarial Science, Mathematics, Statistics or related
  • 3 or more years of direct and/or reinsurance company experience in Health (Medical).
  • Accident, group life or special risk product pricing also desired.
  • Minimum of ASA designation in the Society of Actuaries. FSA preferred.
  • Membership in the American Academy of Actuaries or its equivalent
  • Proficiency in Microsoft PC software: Excel, Word, Access, Outlook
  • Experience working with complicated spreadsheet applications
  • Strong organizational skills; ability to manage competing priorities and meet deadlines
  • Excellent verbal, written, interpersonal communication and presentation skills
  • Self-starter; demonstrates a high degree of initiative
  • Group underwriting experience preferred
  • Ability to read, analyze, manipulate, and interpret complex, technical documents and data
  • Ability to respond effectively to the inquiries from clients and management
  • Ability to analyze large amounts of information in an organized manner, identify issues or inconsistencies, fill in any information gaps and draw accurate sound conclusions.
  • Ability to quickly determine the most efficient design for a complicated deal based on product design and potential retrocession.