Senior Assistant Actuary

Combined Insurance • Philadelphia, PA

97d

About The Position

The Actuarial Department is seeking a Senior Assistant Actuary to manage the Filings Unit. The position offers flexibility in job title based on the candidate's experience and qualifications. The unit provides actuarial support for the commercial lines rate filing needs of all North America business units. The unit also provides senior management with reports on price monitoring and planning and assists with preparation of certain portions of Workers' Compensation Data Calls as requested by the Stat Reporting Department, when actuarial calculations are required. The position includes supervisory responsibility for 3 actuarial resources, including training, coaching, and development. The position will be based in Philadelphia, PA.

Requirements

• Five years of actuarial experience in commercial lines pricing / ratemaking
• BA in Actuarial Mathematics, Mathematics, Statistics, or related field
• Strong, experienced ACAS; FCAS preferred
• Proficiency in Excel, VBA, R
• Strong analytical, organizational and project management skills; works comfortably in team environment
• Able to provide clear, concise and persuasive verbal and written communication

Responsibilities

• Evaluate all filing requests to determine optimal filings strategy.
• Identify hidden risks and warn business units in advance in order to discuss alternatives.
• Act as liaison between various business units involved in the same bureau adoption filing.
• Stay abreast of and adapt quickly to changes in regulatory requirements.
• Maintain strong working relationships with DOI examiners in key states.
• Respond promptly to DOI inquiries.
• Understand data sources nuances, particularly with respect to changes in legacy company feeds.
• Train and direct staff in data source nuances and preparation and documentation of actuarial support.
• Prepare data calls and corporate reports with an eye toward improving accuracy, efficiency, documentation.
• Assist in preparing and aggregating price monitoring and planning reports.

What This Job Offers

• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree