Manager, Analytics

Armed Forces InsuranceLeavenworth, KS
2dRemote

About The Position

This is a supervisory position on the Analytics team. This person supports risk management strategies using accepted analytical standards, methods, and knowledge gained through experience and an educational/examination process. Incumbent works independently with minimal manager intervention to develop appropriate metrics, analysis, and recommendations of moderate complexity to support business goals. Incumbent typically has more than five years of pricing, risk management, reserving and/or insurance analytics experience.

Requirements

  • Bachelors Degree required – preferably in a relevant discipline such as Mathematics, Statistics, Actuarial Science, Economics or other directly relevant discipline
  • Two years of satisfactory job performance as a Sr. Actuarial Analyst I/II (or equivalent) with AFI, or five total years of actuarial pricing experience – preferably personal lines
  • Excellent verbal communications skills, to include the ability to conduct efficient unit meetings and/or training sessions
  • Excellent written communications skills, to include the ability to the ability to produce well-documented recommendations for management, policy and procedure statements, and correspondence with external professional contacts (regulators, other insurance company staff, etc.)
  • Working knowledge of MS Outlook, Word, and Project
  • Detailed knowledge of MS Excel and Access
  • Detailed knowledge of advanced statistical tools, such as R or Python
  • Ability to utilize AFI’s computer systems and complex query tools for data access, manipulation, and segmentation
  • Ability to perform complex mathematical functions which may include statistical and regression analysis, modeling, and variance analysis.
  • Ability to gather and analyze relevant facts and information needed to determine appropriate actions or recommendations to management
  • Demonstrates excellent negotiation skills
  • Demonstrates sound judgment and decision-making skills
  • Ability to prioritize tasks with only general guidance

Nice To Haves

  • Preferably pursuing fellowship actuarial designation (FCAS) and has attained Associate in the Casualty Actuarial Society (ACAS) membership
  • Completed one fellowship exam (either 7, 8 or 9) or 3 or more years’ experience as a credentialed actuary or similar
  • Completed two fellowship exams (any two of 7, 8 or 9) or 6 or more years’ experience as a credentialed actuary or similar
  • Attainment of Fellow in the Casualty Actuarial Society (FCAS)

Responsibilities

  • Supervises, develops, and mentors analytics staff to transfer knowledge of risk evaluation techniques and analysis practices
  • Assesses resource needs including skills and training requirements
  • Develops recommendations on rates, rating plans, products, reinsurance, reserving, and underwriting for leadership and recommends/implements timely changes to satisfy the financial objectives of the enterprise
  • Develops communication strategies and materials to support new plans, programs, processes, products with assistance
  • Coordinates effectively with other AFI units to facilitate the accomplishment of departmental and organizational objectives
  • Reviews and monitors AFI underwriting results to identify areas of concern or developing trends. Provides recommendations to underwriting about AFI corporate guidelines and standard underwriting practices
  • Evaluates AFI reserving standards and adequacy and develops recommendations to address deficiencies or redundancies
  • Contributes positively to organizational profitability through the efficient utilization of assigned human and financial resources
  • Adheres to internal and external compliance requirements/standards including actuarial and regulatory/legislative practices
  • Actively participates in continuing education within the department
  • Plans, implements, manages, and/or contributes on projects that are of high complexity
  • Forecasts and communicates short-term and long-term project deliverables and status
  • Creates predictive models taking into account business constraints
  • Helps to shape best practices around application of statistical modeling
  • Assists in guiding the development of unit employees.
  • Directs technical instruction relative to risk management analysis (AFI and competitors), permissible loss ratio and reinsurance calculations, reserving methodologies/assumptions, applicable querying and mapping software, research and modeling techniques, and statistical reporting and documentation requirements
  • Evaluates current/anticipated unit work requirements based on anticipated risk management activities and makes assignments based on work volume and complexity, and the capabilities of unit employees
  • With manager and leadership assistance, evaluates risk portfolio and determines appropriate risk mitigation action
  • Develops communication materials (internally and externally) to support process, product, rating, or underwriting changes
  • Provides guidance relative to AFI pricing strategies, risk tolerance, along with internal policies and methods
  • Develops and maintains effective working relationships within the unit and with other AFI departments. Coordinates efforts with other units to support accomplishment of organizational goals and objectives
  • Works with management and analysts to develop and propagate best practices for data handling and reporting
  • Assists management as requested with special projects, reporting to Board and SAC, new systems and automation projects, and budget development
  • Perform other duties, as assigned, in support of departmental and/or corporate objectives

Benefits

  • Full benefits package including health, dental, vision, life & disability insurance including an employee assistance program (EAP)
  • 401(k) including employer match & safe harbor contributions
  • Generous paid time off policy, medical leave, volunteer time off and 9 paid holidays
  • We support employee training and professional development opportunities with a tuition reimbursement program and continuing education and re-certification opportunities
  • Volunteering and community engagement opportunities
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