Actuarial Analyst II

Role Description

This intermediate analyst position is responsible for supporting the Company’s actuarial functions. The core actuarial functions include:

• Pricing
• Reserving
• Reinsurance analysis
• Forecasting

Additional responsibilities include:

• Management reporting
• Competitor analysis
• Strategy support
• Financial data calls
• Other ad hoc projects

This position requires the understanding of insurance and business operations within Emerging Markets including, AF Group and COBX.

Qualifications

• Bachelor’s degree required, preferably in actuarial science, mathematics, or a related field.
• Successful completion of at least three (3) CAS examinations is required.
• A minimum of two (2) years of actuarial experience required, preferably in the P&C industry.

Requirements

• Independently gather and organize data and perform analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.
• Complete rate review analyses including calculation of rate indications and various actuarial assumptions.
• Lead rate review meetings and facilitate decisions.
• Independently compile rate pages and rate filing support for workers compensation and/or other lines of business.
• Provide oversight for the rate filing process including monitoring of the rate review schedule.
• Provide commentary for various reports and monitor management reporting metrics.
• Monitor deployment of predictive models.
• Independently update assumptions, parameters, and formulas in pricing and reserving tools.
• Combine data from multiple sources to fulfill financial data call reporting requirements.
• Assist Regulatory Reporting for Financial Calls requiring Actuarial assistance.
• Complete quarterly reserve analyses for assigned segments and statutory schedules.
• Assist with updating the Capital Model.
• Perform ad hoc projects as required.
• Represent Actuarial in meetings with business partners.
• Exercise discretion when communicating outside of the department.

Benefits

• Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market and other potential factors.
• Reasonable estimate for this role is between $70,600 and $118,300.