Actuarial Associate

  • 37113
  • Non-Life - Actuarial
  • |
  • Connecticut, United States
  • |
  • 6 days ago
Reinsurance
RESPONSIBILITIES
  • Gain a solid understanding of the company’s actuarial philosophy, values and mission.
  • Create and cultivate relationships throughout the organization.
  • Work alongside with actuaries and underwriters to analyze treaty reinsurance submissions.
  • Obtain, update and verify data for the Group annual reserve analyses by effectively interacting with Reinsurance Accounting, Claims and Underwriting departments.
  • Assist with the preparation of reserve analyses.
  • Obtain, update and verify data for quarterly roll forward of reserve analyses, and implement changes to loss ratios as approved by the Chief Reserving Actuary
  • Prepare quarterly reserve/roll forward documentation and confer with Chief Reserving Actuary regarding same.
  • Prepare analyses from various divisional databases to support management’s review of individual claim reserving.
  • Support completion of GAAP and statutory filings, i.e. quarterly and annual statements.
  • Work on special projects within the department, as necessary.
QUALIFICATIONS
  • Bachelor degree in a related field, with a minimum GPA of 3.0.
  • Internship/work experience during college years.
  • Completion of P, FM a plus.
  • Effective analytical and problem-solving skills; heavy focus on mathematical coursework a plus.
  • Exceptional presentation and communication skills, both verbal and written.
  • Excellent interpersonal skills, including an ability to influence, overcome obstacles and develop positive business relationships.
  • Strong attention to detail.
  • Demonstrated ability to work as part of a team.
  • Proficiency in MS Word, Excel, PowerPoint, and Outlook.
  • Discretion in handling confidential/sensitive information.
  • Strong organizational and time management skills with the ability to multi task/prioritize.
  • A self-starter and entrepreneurial mindset.
  • Ability to exercise good judgement and decision-making.
  • Sustain a good attitude and willingness to learn, develop and grow professionally.