Senior Actuarial Analyst II

QBE • Chicago, GA

4d • Hybrid

About The Position

In this role, you will proactively provide actuarial reserving services and leadership within various commercial, specialty, and legacy lines by demonstrating technical competence in a variety of actuarial/statistical concepts, practices, and procedures. You will take the lead in defining project scope, key issues, timeframes, and analytical approaches and priorities with a large degree of creativity and self-direction. The role focuses primarily on reserving for various commercial, specialty, and legacy lines of business, leveraging technology in new and innovative ways, and effectively communicating issues. You will recognize and propose solutions to current/existing analyses and new opportunities, continuously enhancing actuarial processes to reflect changing demands. You will construct analytical approaches by determining data needs, identifying appropriate data sources, and recognizing data anomalies while making optimal use of all resources. You will meet quality service standards by ensuring all worksheets and analyses are clearly documented and footnoted, and that all appropriate work products are reviewed by a more senior actuary, while meeting deadlines without sacrificing work product quality. You will execute actuarial analyses in a clear and well-organized fashion aimed at the appropriate audience and adjust workload where possible to meet deadlines. You will support financial planning and product pricing by analyzing data and forecasting company exposures to enable risk management and facilitate profitable, long-term business strategy. You will communicate knowledge of extensive and impactful financial strategies by monitoring emerging risk issues, trends, and product lines, and informing management of best practices to influence the adoption of robust and valid recommendations for business development. You will develop deep relationships within the department and meaningful relationships outside the department through project interactions. You will engage in recruitment activities and help develop more junior actuaries. You will contribute to systems, models, and procedural revisions by conducting research and recommending changes to actuaries to encourage efficiency and organizational competitiveness in the market. You will share technical expertise by resolving basic actuarial modeling and risk issues from internal and external sources and escalating issues to ensure the department delivers quality analyses and meets business needs and requirements. You will support the department by taking personal accountability and responsibility for accomplishing particular tasks, while continuously being willing to go beyond what is required to overcome obstacles, and learn from any mistake while receiving constructive feedback. You will learn from past experiences and seek guidance and coaching from more senior actuaries. You will 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). You will contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity, and fun.

Requirements

• Bachelor's Degree or equivalent combination of education and work experience
• 4+ Casualty Exams Completed

Nice To Haves

• Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
• Identify complex problems and review related information to develop and evaluate options and implement solutions
• Implement planning to prioritize, organize, measure own work
• Adapt and be flexible in a complex changing environment
• Choose a solution to a problem even in ambiguous or difficult situations
• Clearly and confidently convey information to a wide audience
• Keep an open-mind, consider unique approaches and be open to change and considerable variety in the workplace
• 3-10 years in an Actuarial or Analytics department
• Working knowledge of statistical methods and specialized math including calculus and probability
• 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, R and Python
• Advanced working knowledge of Microsoft Excel
• Working knowledge of basic to moderately complex actuarial techniques
• Actuarial Science
• Analytical Thinking
• Business Writing
• Communication
• Critical Thinking
• Customer Service
• Data Science
• Detail-Oriented
• Financial Modeling
• Financial Risk Management (FRM)
• Intentional collaboration
• Managing performance
• Process Improvements
• Risk Management
• Stakeholder Management

Responsibilities

• Focus primarily on reserving for various commercial, specialty and legacy lines of business.
• Leverages technology in new and innovative ways and effectively communicates issues and recognizes and proposes solutions to current/existing analyses and new opportunities
• Continuously enhancing actuarial processes to reflect changing demands
• Construct analytical approaches by determining data needs, identifying appropriate data sources and recognizing data anomalies while making optimal use of all resources
• Meets 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 and adjusts workload where possible to meet deadlines
• Support financial planning and product pricing by analyzing data and forecasting company exposures to enable risk management and facilitate profitable, long-term business strategy
• Communicate knowledge of extensive and impactful financial strategies by monitoring emerging risk issues, trends and product lines and informing management of best practices to influence adoption of robust and valid recommendations for business development
• Develops deep relationships within the department and develops meaningful relationships outside of the department through project interactions
• Engages 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 willing 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)
• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and , fun

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior