Actuarial Director

  • 34324
  • Non-Life - Actuarial
  • |
  • Illinois, United States
  • |
  • 6 days ago
Insurance
RESPONSIBILITIES
  • Scheduled and ad hoc analyses of underwriting performance and profitability across the enterprise
  • Working closely with others across the actuarial team and business unit management to identify underlying drivers of underwriting performance
  • Develop projections of profit share commissions based on review of various profit sharing agreements and expected underwriting performance by program
  • Maintenance of existing tools used to evaluate underwriting profitability, development of new models and approaches, and assisting with the integration of tools and results into operating systems.
  • Help drive strategy around the collection and organization of enterprise data
  • Portfolio modeling and monitoring - profitability projections for various combinations of programs, including building pro forma results based on dynamic models
  • Develop tools for presentation of results to business units and management
  • Liaise with carrier partners on matters of program and portfolio underwriting performance
QUALIFICATIONS
  • 8+ years of experience, FCAS preferred (will consider ACAS).
  • Experience with Commercial Specialty Lines is important.
  • Excellent technical aptitude (both in terms of actuarial skills (reserving, stochastic modeling) and technology skills (Excel, programming, data manipulation (Access, SQL, Tableau, Other), etc.))
  • Strong understanding of the insurance business (including insurance accounting), and outstanding interpersonal skills.