Senior Actuary

  • 38766
  • Non-Life - Actuarial
  • |
  • Arizona, United States
  • |
  • Dec 17, 2020
Insurance
RESPONSIBILITIES
  • Retrieves and manipulates data; accountable for suitability and accuracy of data
  • Proficient in advanced actuarial methodologies. Evaluates alternative methods for use; develops methods to deal with new situations.
  • Conducts analyses that adhere to actuarial standards of practice: selects appropriate data sources and methods, makes assumptions, recognizes considerations and develops recommendations.
  • Accountable for documentation of assumptions, methods, sources, considerations; organizes documents
  • Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment.
  • Accountable for communications that are suitable to the audience, concise, logical organizational and grammatically correct with minimum use of actuarial and insurance jargon.
  • Develops work plans to ensure timely completion of assigned tasks; monitors progress against work plan and takes action to meet plan.
  • Accountable for ensuring that appropriate Peer Tech Reviews are completed; responsible for quality of results of entire work product. Participates in interdisciplinary and interview team activities as assigned.
  • Leverages relationships with business partners to achieve routine and more complex assignments. As requested, oversees presentation preparation and/or makes presentations to internal and external outside audiences.
  • Builds and validates statistical/actuarial models to enhance rating and/or underwriting. Monitors the effectiveness of statistical/actuarial rating and/or underwriting models.
  • Professionally represents company's position with regulators, auditors, external vendors; exercises good judgments and keeps manager informed.
  • Responsible for management of project team members over whom no direct authority applies. Acts as the lead for selected research projects. Accountable for the use of sound statistical models and approaches. Participates, as assigned, in interdisciplinary teams as a team member or as a project leader. Applies appropriate data mining techniques to discover new relationships in the data. Identifies, evaluates and documents new techniques, methodologies and software to support research projects. Accountable for project plans to support research projects.
  • Identifies, evaluates and documents new techniques, methodologies and software to support research projects. Accountable for project plans to support research projects.
  • Performs other related duties as assigned
QUALIFICATIONS
  • Bachelors degree in actuarial science, mathematics, statistics, economics or related field with a strong quantitative orientation.
  • 8 or more years related experience in actuarial (pricing, reserves, statistical). Knowledge of advanced mathematics and statistical concepts.
  • Must have successfully achieved the Fellowship in the Casualty Actuarial Society (FCAS).
  • Mastery of advanced actuarial methodologies and insurance concepts . Displays command of legal and regulatory requirements in area of assignment as well as pricing procedures and methodologies.
  • Demonstrated work product accuracy. Effective verbal/written communication skills; Demonstrated ability to comprehend actuarial concepts and other advanced statistical concepts; Demonstrated ability to think logically and perform actuarial methods in a timely manner. Ability to effectively operate personal computer and related spreadsheets and data base software. Leadership ability when functioning in a management role.
  • Regularly and consistently demonstrates company values and guiding behaviors.