Actuary

  • 34420
  • Non-Life - Actuarial
  • |
  • Massachusetts, United States
  • |
  • Dec 3, 2018
Insurance
RESPONSIBILITIES
  • Conduct indications analysis, working with Product Managers to assess and forecast impacts of product, market, and economic changes on profitability and rate need.
  • Collaborate with Finance and Product to forecast premiums and losses; assessing the expected variability in those forecasts.
  • Conduct reserving analysis, using both traditional and non-traditional methods; develop new methods and incorporate them as warranted.
  • Model weather events, economic changes and/or business mix changes and their impact on reserves and rate need.
  • Estimate the impact of claim practices and business mix changes on reserves and reserve variability; develop and analyze key metrics and exhibits to facilitate this estimation.
  • Effectively communicate results of analysis to peers and senior management across the organization, both in writing and in presentations.
  • Maintain an external network within the insurance industry to track emerging trends and approaches to business issues.
  • Provide supervision and training to actuarial interns and junior staff.
  • Serve as a mentor to other department members on aspects of project work, insurance and general business knowledge.
QUALIFICATIONS
  • ACAS or near-ACAS with recent success at passing exams and desire to achieve FCAS.
  • 4-6+ years of work experience in analyzing P&C insurance with practical application of statistical techniques and models.
  • Excellent communication and interpersonal skills, allowing effective interaction with colleagues and executives.
  • Excellent statistical, programming, and data management skills.
  • Strong project management skills to carry ideas through to completion.