Actuarial Consultant
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.
- Must reside within commuting distance of the Des Moines Metro.
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.
Benefits
- More than 105 years of financial strength and stability
- Named a five-star insurance carrier by Insurance Business America
- Two-time recipient of the Best Practices Award of Excellence from the Independent Agents & Brokers of America
- Multiple locations recognized as Top Workplaces based solely on team member feedback
- Corporate culture that engages and empowers team members to achieve their best
- Outstanding benefits with life, medical, dental, vision and prescription drug coverage
- Competitive paid time off plan and a full day of volunteer time off annually
- Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
- Professional development and growth opportunities, including tuition reimbursement
- Wellness initiatives to improve team member well-being and reduce health insurance costs
- Flexibility to dress for your day and opportunities for alternative work arrangements
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
