Senior Actuarial Associate Product Development, Rate Filing

About the position

This position is remote however candidates must be located in one of our authorized states, CA, OR, WA, or CO. This role will focus on new Product Development, rate filing, CA rate filing regulations. This individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization, developing and designing actuarial documentation, conducting product line evaluation and actuarial modeling, and assessing and interpreting financial risk and opportunity analyses.

Responsibilities

• Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers.
• Builds relationships with cross-functional stakeholders; influences others through technical explanations and examples.
• Adapts to competing demands and new responsibilities; listens and responds to, seeks, and addresses performance feedback.
• Provides feedback to others; creates and executes plans to capitalize on strengths and develop weaknesses; supports team collaboration.
• Completes work assignments and supports business-specific projects by applying expertise in subject area.
• Supports the development of work plans to meet business priorities and deadlines; ensures team follows all procedures and policies.
• Coordinates resources to accomplish priorities and deadlines; collaborates cross-functionally to make effective business decisions.
• Solves complex problems; escalates high priority issues or risks as appropriate; recognizes and capitalizes on improvement opportunities.
• Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
• Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation, cash flow analysis.
• Analyzes and interprets product line performance, risk, and assumptions used in product development.
• Utilizes actuarial research by implementing non-complex developments standards, assumptions, and the legal and regulatory environment.
• Assesses, analyzes and interprets financial risks and opportunities by applying advanced actuarial methods; and conducting actuarial analyses.
• Collaborates with business partners by translating mathematical constructs into actionable recommendations; and complying with the Actuarial Standards of Practice.
• Develops and designs advanced actuarial models; assists with the development of alternative assumptions and forecasts using in-house models or actuarial software; and validates the results.