Actuarial Sr Consultant

  • 34333
  • Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Oct 11, 2018
Insurance
RESPONSIBILITIES
  • Performs complex statistical analysis to solve actuarial challenges for pricing, underwriting, and/or valuation.
  • Designs, and directs team members on, the development of complex multivariate statistical models.
  • Performs risk based analysis of model implementations, measuring the tradeoff between reduced underwriting requirements, and reducing anti selection from targeted marketing, reduced wait times for policies, and applying behavioral economics to influence behavior.
  • Works independently with full accountability for multiple concurrent small to moderate sized projects. May also assist with larger or more complex projects in the planning, design, and/or analysis phases, based on abilities and expertise.
  • Uses existing data warehouse and pricing databases or creates databases by sourcing additional data or combining multiple sources in order to complete the analysis.
  • Work closely with data scientists in Customer Insights and Analytics to complete projects.
  • Consults with business customers to identify scope and specifications for project requests.
  • Researches competitive industry trends, methodologies, technology, and data sources to complete projects.
  • Incorporates established best practices into research projects and final product.
  • Performs the illustration of products.
  • Performs the building maintenance, running and analysis of Actuarial Models.
  • Performs the financial reporting and analysis of results.
  • Performs the pricing and filing of products.
  • Performs the analysis and management of risks for lines of business.
  • Performs the establishment, understanding and application of reserves, statutory, GAPP, and tax valuation standards for products.
  • Performs the analysis of reinsurance opportunities.
  • Performs other duties as assigned.
QUALIFICATIONS
  • Undergraduate degree in Actuarial Science, mathematics, Statistics, or similar background requiring modeling, programming, or quantitative analysis.
  • ASA.
  • At least four years of Actuarial experience.
  • Requires knowledge of actuarial business functions, statistical methods of analysis, company actuarial systems and databases, and their integration.
  • Technical facility with leading computer tools and technology.
  • Knowledgeable of company operations, products, systems, and actuarial methodologies.
  • Proficient or able to lead in Microsoft Office products, programming languages and Actuarial models.
  • Basic level of command skills, strategic agility, business perspective, and accounting.
  • Proficient level of delegation, motivating others perspective, dealing with ambiguity, customer focus, and drive for results.
  • Mastery level of problem solving, learning on the fly, and leveraging system capabilities.