Associate Actuary

  • 36675
  • Non-Life - Actuarial
  • |
  • Florida, United States
  • |
  • Jan 22, 2020
  • Contribute to rate level targeting by assisting in the design, construction, and implementation of tools and processes for assessing rate adequacy.
  • Perform regular rate level adequacy reviews of various lines of business and coverages. Make recommendations to the company Actuary.
  • Help review, develop and maintain the company’s proprietary rating models.
  • Support the company’s rating plans, rates, factors, and pricing tools, including providing actuarial support of state rate filings.
  • Assist in the continued development and maintenance of the company’s actuarial database.
  • Work with other departments in a company-wide effort to improve company efficiency.
  • Develop data sets for predictive modeling. Participate in predictive modeling efforts. Recommend data elements and structures for adding value to the analysis.
  • Contribute to the regular business monitors including required corporate reporting. Assist in improvement and development of new reporting tools to help others understand the business.
  • Assist the Company Actuary with the quarterly reserve analysis. This includes the development of Schedule P as well as actuarial supported financial exhibits.
  • Work with the underwriters on the modeling of individual accounts as necessary.
  • Assist other departments with technical needs as necessary.
  • Bachelor’s Degree in Actuarial Science or relatable Academic Discipline.
  • An Associate or Fellow of the Casualty Actuarial Society preferred.
  • 5+ years of related experience.
  • 6+ casualty actuarial exams completed.
  • Experience with all or part of: Excel-based pricing model maintenance/development including VBA capabilities, SQL query development and data management, and predictive analytics, XML, R and other
  • Relatable primary experience and a familiarity with the rate filing process.
  • A familiarly with loss reserving and the financial reporting process.