Actuarial Specialist – Property Implementation

NationwideColumbus, OH
$79,500 - $148,500Hybrid

About The Position

Our Property and Casualty (P&C) Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you! As a Technical Consultant, you’ll be an actuarial technical expert for planning, driving, communicating and executing projects that may impact multiple lines of business and/or administrative areas. Additionally, you will provide expertise, including consultation and recommendations, for ratemaking or reserving purposes.

Requirements

  • Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis.
  • Generally, five years related experience in actuarial and statistical support role.
  • General knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
  • Proficient in Microsoft Office products, analytical software, and programming languages.
  • Should have basic competencies including business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

Nice To Haves

  • Leverage Property Pricing experience to enhance pricing strategies.

Responsibilities

  • Collaborate with Regional Actuaries, Red Squadron, and Product teams to build, load, and test rates in Insbridge.
  • Develop and test realignments to facilitate PIF rerating for testing purposes.
  • Support the design and implementation of key pricing initiatives in tools/Insbridge, including Advanced Rate Stabilization deployment and the Rating Engine Replacement project.
  • Utilize PL Pricing experience and familiarity with RIP/Insbridge to ensure accurate and effective rate filings.
  • Has in depth knowledge of actuarial methodologies the ability to source and manipulate complex data within standard requirements.
  • Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations and developing recommendations.
  • Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment.
  • Documents assumptions, methods, sources, and considerations in an organized fashion.
  • Prepares and presents actuarial support findings and documents that are suitable for technical and non-technical audiences at the Senior Actuarial leadership level.
  • May professionally represent company's position with regulators, auditors, and external vendors.
  • Develops work plans and ensures accurate work product is delivered.
  • Leads peer reviews to increase collaboration, ensure quality work and drive innovation.
  • Maintains relationship with business customers as well as builds new relationships.
  • Leads onboarding and training for new associates on standard work processes.
  • May perform other responsibilities as assigned.

Benefits

  • medical/dental/vision
  • life insurance
  • short and long term disability coverage
  • paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
  • nine paid holidays
  • 8 hours of Lifetime paid time off
  • 8 hours of Unity Day paid time off
  • 401(k) with company match
  • company-paid pension plan
  • business casual attire
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