Actuarial Analyst II

  • 34281
  • Non-Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Sep 24, 2018
Insurance
RESPONSIBILITIES
  • Development of rate level indications for all lines of business.
  • Selection of pricing levels for each state and line in close collaboration with Product Management.
  • Development of strategies to drive profitable growth.
  • Filing support for rate changes.
  • Development of profitability scorecards that drive strategy and resource allocation.
  • Annual Loss Ratio Planning.
  • Data preparation and cleansing for modeling.
  • Statistical modeling using R.
  • Pricing Model implementation support.
  • Statistical Modeling to support Marketing, Underwriting and Claims.
  • Analysis of Loss and Loss Adjustment Reserves.
  • Monitoring of Reserve Adequacy.
  • Development of Quarterly IBNR Booking Amounts.
  • Financial Reporting including support for Annual Statement Reporting, IFRS Reporting and Solvency II.
  • Cooperation with Internal and External Auditors and Consultants.
  • Interact with other Reserving Actuaries in North America.
QUALIFICATIONS
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
  • Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
  • Demonstrated ability to think logically and perform analysis in a timely manner.
  • Solid written and oral communication skills.
  • Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros.
  • 2+ years Property Casualty Actuarial experience.
  • Successful completion of 3 actuarial exams.
  • Preferred: 3+ years Property Casualty Actuarial experience including Pricing and/or Predictive Modeling.
  • Successful Completion of 4 Actuarial Exams.