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About the position
As an Actuarial Pricing Associate at Coaction, you will leverage your strong mathematical, technical, and problem-solving skills to analyze data and assist underwriters in accurately pricing business risks. This role is integral to the Actuarial Department, which collaborates with various internal customers to address unique and complex challenges in the specialty insurance sector. The position demands a blend of technical acumen, effective communication, and collaboration with business partners across the organization.
Responsibilities
- Evaluate business profitability and provide recommendations for portfolio optimization.
- Design dashboards and key monitoring exhibits to track portfolio metrics and strategy execution.
- Utilize actuarial methodologies to solve business problems and drive results for a variety of Property and Casualty insurance products.
- Price large accounts using an array of actuarial pricing methods.
- Work as a member of a broader, cross-functional team to formulate and support business strategies for various products.
- Solve complex problems and develop innovative approaches with minimal supervision.
- Build and refurbish tools and models to streamline business processes and workflows.
- Mentor and provide training to junior analysts.
- Direct and complete large projects, utilizing resources from multiple disciplines.
Requirements
- Near or recent ACAS/FCAS preferred.
- 3-5 years of actuarial experience.
- Minimum of 2 years of Property Pricing experience, with Binding Authority experience a plus.
- Willingness to challenge the status quo using creative solutions.
- Excellent quantitative, analytical, and problem-solving skills.
- Strong verbal and written communication skills.
- Advanced M.S. Excel skills.
- Programming knowledge (VBA, SQL, Python, Tableau or others) preferable.
- Ability to distill complex concepts and communicate them clearly to non-technical business partners.
- Ability to manage large scale projects.
