Actuarial Analyst 3

  • 35762
  • Non-Life - Actuarial
  • |
  • California, United States
  • |
  • Sep 4, 2019
  • Assists in the analytical efforts of the company in the development of professional, data-driven recommendations for reserve levels or to create and improve actuarial rating factors and metrics.
  • Leads pricing reviews for assigned products with minimal supervision.
  • Initiates efforts to improve the segmentation and robustness of the products and methods utilized through standard actuarial techniques, and independently makes recommendations on how product, pricing or reserving can be improved based on advanced actuarial knowledge and sound business judgment.
  • Monitors company and industry loss and premium trends and recommends areas for improvement.
  • Uses advanced actuarial techniques and software packages to improve the accuracy of the rate level or reserve selections.
  • Presents and details analyses to peers and management.
  • Leads training, development, and group analytical efforts with less experienced members of the team.
  • Provides actuarial support and data analysis needed for departments such as Accounting, Claims, Marketing and Product Management.
  • Pursues professional development in the actuarial profession through rigorous self-study and successful completion of actuarial exams, with advancement toward ultimate goal of FCAS.
  • Bachelor's degree or higher in mathematics, actuarial science, statistics, economics, or related field is required.
  • At least 4 CAS exams and/or 3 or more years of actuarial experience in the Property & Casualty industry required.
  • 2 or more years working on personal lines is preferred.
  • Must possess excellent oral and written communication skills and strong quantitative, analytical and interpersonal skills.
  • Must have ability to generate quality work product under tight deadlines in a dynamic, fast-paced environment.
  • Must be willing to embrace change and show flexibility in assignments and the work environment.
  • Must be able to work independently and possess initiative, as well as project management and problem-solving skills.
  • Must demonstrate leadership qualities and ability to lead projects, training, and development of other analysts.
  • Strong ability to interact with management.
  • Mastery in Excel skills and ability in relational databases, Access and SQL Server.
  • Strong understanding of the ratemaking and/or reserving process.