Actuary

  • 39089
  • Non-Life - Actuarial
  • |
  • Florida, United States
  • |
  • Feb 10, 2021
Insurance
RESPONSIBILITIES
  • Tracking competitor rates and responding to market needs
  • Perform analysis of pricing and experience data, including communication of indications to business units and assessment of loss reduction options and prepare pricing proposals and state rate filings where applicable
  • Preparation of miscellaneous reports to aid in monitoring the performance of companies, products, and producers
  • Coordinating and managing the development and implementation of Commercial products
  • Coordinating with Product Development for the filing of product forms, manuals, rules, and guidelines
  • Coordinating with Systems to ensure that products are implemented in their entirety
  • Reviewing product performance and staying abreast of areas for enhancement or refinement
  • Communicating as needed with other departments such as Underwriting, Marketing, Compliance, Product Development, and Claims on product-related issues
  • Presentation of findings, written and oral
QUALIFICATIONS
  • Bachelor’s degree (B. A.) from four-year College or university, typically in mathematics, actuarial science or statistics
  • 5 or more years of Commercial Lines pricing/ratemaking experience or equivalent combination of education and experience; Progress towards ACAS or FCAS
  • Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents
  • Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community
  • Ability to write speeches and articles for publication that conform to prescribed style and format
  • Ability to effectively present information to top management, public groups, and/or boards of directors
  • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations
  • Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables