Actuarial Consultant

EMC Insurance Companies • Des Moines, IA

3d • Hybrid

About The Position

At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees. Essential Functions: Oversees actuarial resources and provides expertise on cross-functional projects, including applying advanced actuarial theory, overseeing rate and reserve reviews, coordinating the timing and resources of projects, researching industry best practices, performing analysis at account/policy level, leading actuarial analysis for branch business planning and enterprise financial projections, overseeing the enhancement and efficiency of existing data and analytic processes, and Assumed Reinsurance. Provides strategic insight and direction for the development, maintenance, enhancement, and documentation of actuarial tools and techniques required for project or production work. Leads the innovative research and analysis of special projects. Serves as subject matter expert for any special requests involving actuarial function(s) and EMC’s products. Utilizes programming languages such as SQL or R for complex pricing and and/or reserving analysis.

Requirements

• Bachelor’s degree or foreign equivalent in Actuarial Science, Business Administration with a major in Actuarial Science, or related field
• 5 years of experience as an Actuarial Consultant, Senior Actuarial Associate, Actuarial Analyst, Actuary, or similar duties under a different job title.
• 5 years of experience with: Pricing and reserving in at least 3 lines of business such as Workers’ Compensation, General Liability, Commercial Auto, Surety, and/or Assumed Reinsurance
• Advanced modeling experience in Excel
• Programming in R, SAS, VBA, or SQL
• ACAS or FCAS designation required.

Responsibilities

• Oversees actuarial resources and provides expertise on cross-functional projects, including applying advanced actuarial theory, overseeing rate and reserve reviews, coordinating the timing and resources of projects, researching industry best practices, performing analysis at account/policy level, leading actuarial analysis for branch business planning and enterprise financial projections, overseeing the enhancement and efficiency of existing data and analytic processes, and Assumed Reinsurance.
• Provides strategic insight and direction for the development, maintenance, enhancement, and documentation of actuarial tools and techniques required for project or production work.
• Leads the innovative research and analysis of special projects.
• Serves as subject matter expert for any special requests involving actuarial function(s) and EMC’s products.
• Utilizes programming languages such as SQL or R for complex pricing and and/or reserving analysis.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees