Actuarial Analyst (Commercial P&C)

Amerisure Insurance•Farmington Hills, MI

1d•Hybrid

About The Position

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure’s promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best “A” (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus. We are recruiting for an Actuarial Analyst to join our team in Farmington Hills, MI. This will be a hybrid position working 3 days in the office and 2 from home. Position Summary: Provides basic actuarial analysis to support rate indications, loss reserving and/or financial modeling including data collection and internal controls implementation. Performs actuarial analysis and recommendations to improve profitability, reserve accuracy or model results. Progressing toward actuarial accreditation through the successful completion of actuarial exams.

Requirements

Bachelor’s degree required, preferably in actuarial science, statistics, computer science, economics.
Completion of at least one actuarial exam preferred.
Beginner to intermediate PC programming skills enabling the individual to extract and manipulate data (SAS, SQL, Python, etc.).
Beginner to intermediate Microsoft Office proficiency required to analyze and present actuarial information (Word, Excel, Access, PowerPoint, etc.).
Ability and willingness to continue participation in the actuarial exam program.

Responsibilities

Collect data, perform analyses, and present results for pricing indications, loss reserve reviews and /or financial modeling.
Perform actuarial analysis and recommendations to improve profitability, reserve accuracy, or modeled results including the development of appropriate methodologies and monitoring systems.
Attend committee meetings regarding pricing indications or loss reserves.
Communicate with other departments to discuss informational needs, methods of presenting data, etc.
Communicate with industry groups or others to discuss various actuarial practices.
Become familiar with company data systems and department processes to allow for conversion, enhancements, automation, and formal documentation of improvements.
Participate in special projects related to statistical modeling, interdepartmental committees, development of new or revised systems and attendant reporting mechanisms, and problem solving or investigation related to various actuarial disciplines.
Respond to requests for special assistance, financial information or actuarial support to other company departments or to senior management.
Collect and present statistical information on company experience and financial results including peer analysis.
Participate in continuous learning activities.
Progress toward actuarial accreditation through successful completion of actuarial exams.