Actuarial Manager Senior

  • 37560
  • Non-Life - Actuarial
  • |
  • Pennsylvania, United States
  • |
  • Jun 15, 2020
Reinsurance
RESPONSIBILITIES
  • Manage actuarial activities for assigned area and staff.
  • Participate in negotiations and structuring of actuarial policies and practices to achieve financial goals.
  • Maximize profit generated the Company as appropriate for the functional area.
  • Balance sometimes conflicting goals.
  • Complete and prioritize multiple actuarial, analytics, and/or reporting analytic projects. May include rate filings, ultimate loss projections, pricing studies, risk capital modeling, portfolio analysis, research projects, planning, reporting.
  • Lead and manage projects/analyses requiring multiple resources including those who are not direct reports.
  • Direct and lead the development of new methodologies, products and procedures for the company, including the integration of traditional actuarial techniques and advanced analytics.
  • Lead the development, maintenance and enhancement of actuarial models which support the business plan and develop written specifications for IT.
  • Lead efforts to streamline processes and workflow as requested.
  • Lead the communication, documentation and coordination of information, technical issues, and activities between actuarial departments as well as with internal & external colleagues and clients.
  • Provide leadership in the training of underwriters, client managers, underwriting assistants and other actuaries regarding actuarial analyses and methodologies.
  • Complete peer reviews on actuarial work and provide constructive feedback, as needed.
  • Maintain consistency of methods as appropriate.
  • Interact with internal and external contacts to improve quality and knowledge of work product.
  • Provide feedback to staff on ways to address issues, promote techniques to address and recognize all levels of feedback.
  • Maintain current knowledge of trends and products in the re/insurance industries and address the need for development of new methods, products and procedures.
QUALIFICATIONS
  • Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related field requiring modeling, programming, or quantitative analysis.
  • Membership in the Casualty Actuarial Society with the attainment of Fellowship and membership in the American Academy of Actuaries.
  • Ten years of insurance/actuarial experience with at least five years in commercial insurance pricing.
  • Five years of management experience.
  • Knowledge of advanced analytics.