ACTUARIAL SERVICES DEPARTMENT
Safety National is an alternative market insurance provider that offers a broad range of risk funding products through insurance agents and brokers. Founded in 1942, Safety National is the leading provider of excess workers’ compensation coverage to self-insured employers and groups nationwide, and has provided that type of coverage longer than any other company in the United States. The company continues to expand and adapt its product lines to better meet the needs of today’s employer. Safety National recently celebrated its third year of being named a “Best Place to Work” by Business Insurance magazine.
Perform pricing analyses for Loss Portfolio Transfers (LPT) and support pricing initiatives.
At Safety National, we live by the following five core values: Relationships, Integrity, Teamwork, Balance and Stability. Our Core Values serve as the fundamental foundation of our corporate culture and drive our interactions, both internally and externally. An essential function of all Safety National positions is to fully embrace and represent these core values in our daily work life and relationships.
Workers Compensation Loss Portfolio Transfers -- Pricing Analysis and Technical Support
Analyze account data, estimate discounted required reserves, and calculate recommended premium
Provide LPT Underwriter a written summary of analysis, assumptions, conclusions and concerns
Prepare Risk Transfer documentation for LPTs written
Assist with retrospective and profitability analyses
Pricing Model & Filing Support
Assist with collection and analysis of bureau rating factors for use in multiple workers compensation models and the LPT pricing model
Prepare actuarial state filing documents for LPTs and Workers Compensation products
Assist with model design, testing, and implementation
Perform analyses and prepare periodic reports to monitor pricing and to assess performance of business segments
Create and maintain documentation and procedures necessary to comply with corporate policies regarding data security, backup requirements, and proper controls.
Complete special projects, as assigned.
5+ years’ experience in Workers Compensation or Commercial Casualty Reinsurance pricing or reserving
Associate or Near-Associate of the Casualty Actuarial Society
Proficiency in Excel, Word, Power Point, other Microsoft software
Experience writing database queries with SQL desired but not required
Experience with R or Python desired but not required
In order to meet the needs of the Corporation, employees may be assigned other duties in addition to, or in lieu of, those described above.
For consideration, please visit our website at: https://www.safetynational.com/careersitem/actuarial-analyst/
You can then submit your resume along with a completed and signed employment application (found on the right hand side of the web page).
If you have any issues submitting your information via this website, please email: SNCCrecruitment@safetynational.com.
Safety National will only accept resumes and applications from qualified applicants for particular job postings. Resumes and applications submitted that are not identified with a specific job posting will not be reviewed. Safety National reserves the right to unilaterally determine whether or not a particular applicant is qualified for any position with the Company.
Outstanding Medical, Dental and Vision Coverage. Employee and Children covered at no cost, low cost for Spousal coverage.
Medical Deductible Reimbursement Plan
Life/AD&D Insurance, Short Term Disability and Long Term Disability provided at no cost to employee.
401k Savings and Profit-Sharing Plan
Pre-Tax Dependent Care Assistance Plan
Paid Leave and Holidays
Alternate Work Schedules
Business Casual Dress Policy
Safety National is an Equal Employment Opportunity Employer and will not discriminate against or harass any applicant or employee on any grounds prohibited under any federal, state or local law including race, creed, color, religion, sex, national origin, age, disability, sexual orientation, marital status or membership in any other legally protected class. None of the questions in our application are intended to elicit information regarding any protected characteristics, nor imply any limitation, illegal preferences or discrimination based upon non-job related information or protected characteristics.