Associate Actuary

  • 37210
  • Non-Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Apr 15, 2020
Insurance
RESPONSIBILITIES
  • Build a strong collaborative relationship with Product Management counterparts ensuring alignment of key priorities as well as development of product strategies to drive profitable growth for their line.
  • Maintain high level of expertise and knowledge about their products and drivers of results.
  • Maintain current knowledge of market trends and products in the market. Keep abreast of emerging risks related to their product lines and develop strategies to address them.
  • Provide actuarial opinions of rate adequacy for their assigned lines of business in all states.
  • Collaborate with Product Management on the selection of appropriate pricing levels.
  • Ensure proper filing support for rate changes including providing official actuarial opinions to regulators.
  • Lead special projects such as the development of new pricing methodologies or the creation of monitoring reports for the company.
  • Support the development and pricing of new products and/or coverages.
  • Complete Annual Loss Ratio Planning for incorporation into the corporate financial plan.
  • Mentor more junior actuarial analysts by providing actuarial training as well as prioritizing and directing their work.
QUALIFICATIONS
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
  • 6+ Years of experience in an actuarial capacity in Property & Casualty Insurance.
  • ACAS.
  • Membership in the American Academy of Actuaries.
  • Experience in multiple actuarial disciplines.
  • Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
  • New Product development experience.
  • Demonstrated ability to think logically and perform analysis in a timely manner.
  • Demonstrated superior level of written and oral communication skills.
  • Demonstrated ability to interact effectively with areas of the company outside Actuarial Services.
  • Strong command of Excel as well as some knowledge of programming and databases.
  • Preferred:
  • Project management experience.
  • Experience building and working with Predictive Models for Property & Casualty, rate making including familiarity with R, Emblem and/or SAS.
  • Experience working with Catastrophe models.
  • Continued pursuit of FCAS designation