Actuary – Financial Lines Pricing

Actuary – Financial Lines Pricing

Requirements

• Strong knowledge of core functions of an insurance company as well as actuarial and statistical concepts.
• Advanced actuarial technical expertise and knowledge on products.
• Ability to effectively communicate and influence using analyses at various levels, including senior leadership.
• Strong analytical, critical thinking and problem-solving skills with the ability to effectively resolve complex situations and issues with limited data.
• Solid project management skills with ability to manage multiple priorities effectively and lead teams.
• Ability to perform duties with a sense of urgency; utilizes and manages all available resources to meet due dates.
• Capable of making critical business decisions effectively within scope of authority.
• Ability to creatively and effectively manage through ambiguous and challenging problems, leading through change.
• Bachelor’s Degree in a relevant discipline or equivalent.
• Typically a minimum of seven years of related work experience.
• Experience and proficiency with R or Python.
• Associate or Fellow of the Casualty Actuarial Society.

Responsibilities

• Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
• Builds strong relationships with peers, business partners and leaders in order to influence specific profitable growth strategies through the use of actionable insights and analytics.
• Provides analyses and insights to assist in determining pricing strategy for management liability and financial institutions E&O coverages as well as employment practice liability, directors & officers liability, fiduciary, fidelity, etc. May create and modify existing tools/analytics as needed.
• Proactively monitors profitability and claim trends for the coverages mentioned above. Shares results with recommendations to leaders, underwriting, claim, and pricing business partners.
• Provides guidance to less experienced team members and manages projects as needed.
• Produces highly technical actuarial analyses and reports. Communicate findings to other analytical staff and management.
• Stays up to date in actuarial expertise and industry trends and development.
• Drives innovation in processes while maintaining clear documentation of methods.
• Continually improve processes and maintain clear documentation of methods / assumptions.
• May perform additional duties as assigned.

Preferred Qualifications

No preferred qualifications provided.