Job Posting Title Actuarial Manager

AAA • St. Louis, MO

23h

About The Position

We are seeking a hands-on actuary who is ready to lead a small team of actuaries to support market needs across the major actuarial functions, including rate indications, segmentation, and reserving.

Requirements

• Bachelor’s degree, preferably in finance or mathematics, or equivalent combination of education and experience required.
• 6 to 8 years’ experience in the actuarial field required.
• Must be an Associate of the Casualty Actuarial Society with intention of becoming a Fellow.
• SQL experience strongly preferred

Nice To Haves

• Statistical or Actuarial modeling experience is also a plus.

Responsibilities

• Direct the development of the data needed to support the analysis of pricing, rating plans, reserving, and research projects.
• Develop specifications for Information Systems to develop the needed data extracts, and monitor the data developed for accuracy and completeness.
• Hire, train, and supervise staff.
• Develop goals and conduct performance appraisals.
• Approve and initiate salary increases, promotions, terminations, and other changes in employee status.
• Partner with Product Management, Underwriting, Claims, Sales, Regulatory Affairs, and Office of the General Counsel to develop strategies, assess the financial and marketing impact of those strategies, and follow up to assure effective execution.
• Perform the review of loss reserves and recommend amounts to maintain accurate and adequate levels.
• Perform analysis of competitors' rating plans and rate levels identifying areas where they have competitive advantages and weaknesses.
• Provide recommendations for changes to rating plans based on the analysis.
• Develop forecasts of anticipated loss experience, considering current results and environmental trends, to support the budget process and financial analysis projects.
• Prepare regulatory filings needed for rate and rate plan changes.
• Complete all correspondence, coordinate the internal review before submission, and team with Regulatory Affairs to assure prompt approval by the regulators.
• Work with regulatory staff to respond to their questions.

Benefits

• Health coverage for medical, dental, vision
• 401(K) saving plan with company match AND Pension
• Tuition assistance
• PTO for community volunteer programs
• Wellness program
• Employee discounts (membership, insurance, travel, entertainment, services and more!)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 101-250 employees