Actuary

  • 33196
  • Non-Life - Actuarial
  • |
  • Iowa, United States
  • |
  • Dec 14, 2017
Insurance
RESPONSIBILITIES
  • Designs, develops, and maintains rate and pricing models to optimize competitive advantage and support corporate objectives.
  • Coordinates Catastrophe modeling efforts including data compilation, validation, and presentation.
  • Completes data requests related to reinsurance renewal efforts.
  • Maintains and updates ceded premium allocation models to support internal financial statements.
  • Develops and implements cash projection analysis.
  • Coordinates Capital modeling efforts to support Enterprise Risk Management objectives.
  • Assists Chief Actuary with development of reserving models and analysis of company booked reserves.
  • Completes other actuarial studies as assigned.
  • Ability to apply theoretical solutions to real-world problems.
QUALIFICATIONS
  • Bachelor’s degree from an accredited college or university with a minimum 3.0 GPA, ACAS(Associate of the Casualty Actuarial Society) designation, ASA (Associate of the Society of Actuaries) credential in General Insurance, FCAS(Fellow of the Casualty Actuarial Society) designation or FSA (Fellow of the Society of Actuaries) credential in General Insurance.
  • Knowledge of the company’s products and pricing.
  • Understand principles and practices of insurance underwriting.
  • Interpret premium algorithms and coverage nuances.
  • General understanding of insurance accounting and Company financial statements.
  • Communicate effectively with others (oral and written).
  • Analyze complex issues and make critical decisions.
  • Maintain records, prepare reports and conduct correspondence related to the work.
  • Interpret and apply laws, rules and regulations, as well as complex policy and contract coverage.
  • Obtain and use sensitive information discreetly and objectively, both internal and external.
  • Determine when to escalate concerns to the appropriate level of management.
  • Follow oral and written directions.
  • Correct English usage, spelling, grammar, vocabulary and punctuation.
  • Work effectively with others in a team environment.
  • Contribute effectively to the accomplishment of team or work unit goals, objectives and activities.
  • Establish and maintain effective working relationships with those contacted in the course of work.
  • Excellent customer service skills.
  • Ability to organize and prioritize work.
  • Work independently and demonstrate drive and initiative.
  • Ability to handle multiple tasks at once.
  • Meet definite deadlines and deal with pressure situations.
  • Collect, interpret, and input data efficiently and accurately.
  • Use computer and related software effectively.
  • Adhere to the relevant standards of practice and professional conduct as promulgated by the American Academy of Actuaries and the Casualty Actuarial Society.