Actuarial Analyst

  • 39331
  • Non-Life - Actuarial
  • |
  • Illinois, United States
  • |
  • Mar 19, 2021
Insurance
RESPONSIBILITIES
  • Keep abreast of leading market practice and drive innovation.
  • Promote close collaboration and interaction with the various business areas to foster mutual understanding how business developments impact actuarial drivers in the financials.
  • Prepare and perform analysis for assigned business area including documentation, communication and explanation of results.
  • Project support, including documentation and testing.
  • Develop global actuarial approaches and processes, as well as enhance actuarial models and analyses.
  • Peer review work from other team members and mentor, provide guidance to junior team members.
QUALIFICATIONS
  • Bachelor’s Degree (ideally Master’s Degree), preferably in Mathematics. Statistics or other appropriate discipline or qualified by experience in related discipline;
  • Progress towards recognized professional qualification (first Actuarial exams passed);
  • Business experience, preferably spanning multiple actuarial areas;
  • Experience with multiple lines of business and preferably multiple types of business;
  • Experience in communication of results to stakeholders;
  • Experience in international working environment a plus;
  • Experience contributing to development/enhancement and implementation of models/analysis and processes;
  • Excellent computer skills (MS Office, including VBA and relevant expert systems such as ResQ, SQL, SAS, etc.);
  • Job specific knowledge with regards to market dynamics, standard concepts and approaches, regulations/compliance standards, reporting requirements
  • Finance and Insurance know-how (ideally P&C) as well as understanding of complexities inherent in an insurance group (consolidation processes, legal vs management view) allowing for cross-departmental thinking and acting;
  • Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations;
  • Ability to understand, elaborate and convey information clearly and effectively with respect to the audience/level of management (both verbally and in writing);
  • Ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes;
  • Ability to persuade and motivate others without direct authority; and
  • Ability to identify and initiate appropriate actions to remediate issues that can be abstract/ambiguous and follow through on their remediation.