Actuarial Associate

  • 35455
  • Non-Life - Actuarial
  • |
  • Virginia, United States
  • |
  • Jul 4, 2019
Insurance
RESPONSIBILITIES
  • Proactively monitoring loss ratio trends and communicating findings to management.
  • Developing indications of ultimate loss and loss adjustment expenses on a quarterly basis and communicating conclusions and proposals to senior management.
  • Coordinating with Management Information Systems Department to implement changes to system generated reserves.
  • Producing indications of projected loss ratio on a quarterly basis, coordinating with Pricing Department on rate level decisions, and communicating proposals for senior management.
  • Completing Schedule P exhibits for the annual financial statement.
  • Providing recommendations to management regarding appropriate cover for Catastrophic Excess of Loss Reinsurance.
  • Partnering with claims analysts to identify recent claims trends.
  • Other analysis as needed.
QUALIFICATIONS
  • Bachelor's degree in Mathematics, Statistics, Actuarial Science, Economics, Finance, Computer Science, Engineering, or other related business or quantitative discipline.
  • 0-2 Years of Experience.
  • Successful completion of one or more Actuarial Exams.
  • Advanced proficiency in Microsoft Office Suite.
  • Some computer programming knowledge.
  • Excellent quantitative, analytical and problem-solving skills.
  • Excellent written and verbal communication skills.