Assistant Actuary

  • 34979
  • Non-Life - Actuarial
  • |
  • Pennsylvania, United States
  • |
  • Mar 27, 2019
  • Assist Lead Actuary in setting and implementing pricing strategy.
  • Increase profitability of existing product line/s.
  • Create rate level and rate change analyses; research potential rating plan enhancements; and assist in responding to department of insurance objections.
  • Participate in projects supporting the implementation of approved rate filings.
  • Conduct analysis, pricing and risk assessment to estimate financial outcomes.
  • Prepare and interpret various predictive modeling tools for use in analysis.
  • Document, report and present on product profitability and performance metrics.
  • Analyze competitor offerings to identify differentiators that will assist with product development.
  • Develop new features and products based on market demands and requirements.
  • Conduct verification and market testing of new features and products.
  • Monitor, report and present on the status of projects.
  • Actively pursue actuarial designations.
  • Knowledge of the Property & Casualty industry required.
  • Experience in Personal Property/Inland Marine is preferred.
  • Bachelors’ degree, 2-4 CAS exams, and 2+ years’ experience.
  • Strong quantitative, analytical, creative problem-solving, and competitive monitoring skills.
  • Ability to see the big picture while having an exceptionally detail-oriented focus.
  • Ability to adapt easily.
  • Proficiency in planning and organizing.
  • Expertise in the preparation of spreadsheets and analysis of data.
  • Intermediate proficiency in SQL and predictive modeling.
  • Proficiency in mathematical skills.
  • The ability to work with a variety of people in a fast-paced environment.
  • The ability to work on and complete multiple projects simultaneously.
  • The ability to work independently toward a common goal.
  • The ability to think creatively
  • A highly-driven and self-motivated personality.