Actuarial Analyst

  • 38637
  • Non-Life - Actuarial
  • |
  • New York, United States
  • |
  • Nov 23, 2020
Insurance
RESPONSIBILITIES
  • Support quarterly process of determining the appropriate amount of IBNR to be booked.
  • Analyze information to assist in determination and documentation of the adequacy of loss and loss expense reserves.
  • Assist in analyzing the profitability of business segments within Excess Casualty. Identify pockets of profitable growth opportunities.
  • Monitor rate, exposure, retention, new, and lost business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management.
  • Produce pricing analyses for large accounts within agreed timescales, working closely with underwriters.
  • Assist in the development of pricing and underwriting strategies. Provide business solutions to maximize risk adjusted profit.
  • Support development and design of analytical tools and techniques to help business effectively manage existing portfolios.
QUALIFICATIONS
  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • 5 or more actuarial exams preferred
  • A strong track record of actuarial experience in Commercial Casualty lines preferred
  • Strong analytical and problem-solving skills
  • Work well both independently and as part of a team
  • Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred
  • Strong business and collaboration skills and responsive to service needs and operational demands
  • Effective time management skill
  • Excellent communication, presentation, and interpersonal skills
  • Strong work ethic
  • Customer focus