Actuary II, State Pricing
About The Position
Our Actuarial team is seeking a highly motivated individual that has a strong business sense, a proven track record of generating and implementing new ideas and the ability to develop actuarial analyses in accordance with CAS (Casualty Actuarial Society) principles. In this role, you will be the lead analyst for the $1B Massachusetts Personal Lines Auto book of business. The individual in this position supports the team by identifying business issues, performing analysis to understand the drivers of the issues, and making recommendations to improve the overall business results.
Requirements
- 3-5 years of experience or equivalent related knowledge 3 – 5 CAS exams passed
- Experience carrying out intermediate quantitative analyses
- Actuarial, analytical, and coding expertise
- Strong communication with business partners and leadership
- Implementing methodology or process improvements
- Completing intermediate analyses independently, with exposure to complex projects under guidance of manager
- Manages multiple work streams at a time and recommends prioritization of tasks
- Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent related experience
Responsibilities
- Build state specific expertise as the Massachusetts Personal Lines Auto lead analyst.
- Provide actuarial analysis and support for rate changes or other initiatives. Such analysis may include: Review pricing of new or existing rating elements and/or coverages
- Quantifying the top and bottom-line impact of rate and non-rate actions
- Assess and forecast the impacts of product, market, and economic changes on profitability and rate need.
- Make data driven decisions and recommendations, apply actuarial judgment where necessary.
- Strong technical skills, particularly with SQL. Is able to retrieve and manipulate data efficiently across multiple data sources.
- Can work independently, perform reasonability checks to catch obvious errors.
- Effectively communicate findings and results of analysis to peers, business partners and senior management.
- Build relationships with cross-functional business partners.
- Recommend and implement process improvements.
- Provide training and guidance to less experienced staff.
- Pursues exams on the CAS syllabus through at least ACAS.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
