QBE Insurance Groupposted about 2 months ago
$88,000 - $165,000/Yr
Full-time • Entry Level
Hybrid • Marblehead, MA
Insurance Carriers and Related Activities

About the position

In this role you will provide strong qualitative and technical support in product development, financial analysis, management reporting, and actuarial research by applying a variety of actuarial and statistical concepts, practices and procedures to deliver timely analyses for key stakeholders. This role is a hybrid role, where you will be expected to be in the office 2-3 days per week, though fully remote will be considered for the right candidate.

Responsibilities

  • Leverage technology in new and innovative ways and effectively communicates issues and proposes solutions to current/existing analyses and new opportunities
  • Construct analytical approaches by determining data needs, identifying appropriate data sources and recognizing data anomalies while making optimal use of all resources
  • Meet quality service standards by having all worksheets and analyses clearly documented and footnoted and ensures all appropriate work products are reviewed by a more senior actuary, while meeting deadlines without sacrificing work product quality
  • Execute actuarial analyses in a clear and well organized fashion aimed at the appropriate audience
  • Develop deep relationships within the department and develops meaningful relationships outside of the department through project interactions
  • Engage in recruitment activities and helps develop more junior actuaries
  • Contribute to systems, models and procedural revisions by conducting research and recommending changes to actuaries to encourage efficiency and organizational competitiveness in the market
  • Share technical expertise by resolving basic actuarial modeling and risk issues from internal and external sources and escalating issues to ensure department delivers quality analyses and meets business needs and requirements
  • Support the department by taking personal accountability and responsibility for accomplishing particular tasks, while continuously will to go beyond what is required to overcome obstacles, and learn from any mistake while receiving constructive feedback
  • Learn from past experiences and seek guidance and coaching from more senior actuaries
  • Independently seek out opportunities for further development and enrichment, actively pursuing actuarial credentials or maintaining continuing education requirements if already credentialed (if on the actuarial track)

Requirements

  • Bachelor's Degree or equivalent combination of education and work experience
  • 2 years relevant experience

Nice-to-haves

  • Degree in Mathematics, Statistics, Finance, Economics or other quantitative field
  • 2-5 years in an Actuarial or Analytics department
  • 4+ casualty actuarial exams or society of actuaries exams
  • Working knowledge of statistical methods and specialized math including calculus and probability
  • Working knowledge of the medical stop loss field
  • Knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the industry works
  • Working knowledge of computer systems and software such as SAS and R
  • Advanced working knowledge of Microsoft Excel
  • Working knowledge of basic to moderately complex actuarial techniques

Benefits

  • Hybrid Working - a mix of working from home and in the office
  • 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
  • Competitive 401(k) program with company match up to 8%
  • Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
  • Tuition Reimbursement for professional certifications, and continuing education
  • Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community
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