Actuary

  • 33200
  • 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, ASA or FSA (Fellow of the Society of Actuaries)designation.
  • 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.