Founded in 1942, Safety National is a leading specialty insurance and reinsurance provider headquartered in St. Louis, Missouri, with several remote offices throughout the United States. The company is a subsidiary of Tokio Marine Holdings, Inc., a leading Tokyo-based global insurer that sustains a presence in over 40 countries. Safety National is a five-time Best Places to Work in Insurance honoree with recognition in both the insurers/providers and the medium-size employers categories.
Responsible for providing Pricing Analyses and Technical Support for Treaty Reinsurance with a focus on Workers Compensation.
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. Treaty Reinsurance -- Pricing Analysis and Technical Support Analyze reinsurance submissions, calculate the indicated experience and exposure rates for new and renewal risks under various coverage options, calculate expected loss ratios, develop rate and structure recommendations, and communicate and support analyses with the Treaty Underwriters. Participate in the Treaty Reinsurance Pricing Committee, as requested. Participate in the Treaty Reinsurance contract language reviews. Identify profitability problems; make recommendations to Company Management. Design, use, document, and/or maintain pricing models for Treaty Reinsurance Workers Compensation Products. Assist with underwriting and claim audits of client insurers, as requested. Review rate adequacy and catastrophe exposure for special acceptances requested by cedants. Monitor industry current events and analyze data to identify new profitable business opportunities. Assist with strategic planning and SWOT analysis for Treaty Reinsurance. Assist with development and pricing of Treaty Reinsurance Workers Compensation products. Peer review the analyses produced by other Pricing Actuaries. Analyze underwriting results and assist with management information reports.
Assist with development and maintenance of parameters for Treaty Re Workers Compensation pricing models. Assist with the construction and maintenance of a data warehouse for Treaty lines of business. Conduct special profitability studies for Workers Compensation. Assist with development, maintenance and peer review of Management Information Reports. Create and maintain documentation and procedures necessary to comply with corporate policies regarding reporting, data security, backup requirements, and proper controls.
College graduate Associate or Fellow of Casualty Actuarial Society 5+ (10+ preferred) years of experience in Treaty or Loss Sensitive Workers Compensation Pricing Understanding of generally accepted actuarial pricing procedures for primary and reinsurance business Proficiency in Excel, Word, Power Point, and other Microsoft software Good oral and written communication skills
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 click on this link to the Safety National careers page and apply: https://www.safetynational.com/careers-page/
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.
About Safety National
Safety National is a versatile 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. Safety National is a wholly-owned subsidiary of Tokio Marine Holdings, Inc., a Tokyo-based global insurer who is ranked among the top ten insurance companies in the world and has a presence in over 40 countries.
At Safety National, we adhere to 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.
Our stability and financial strength enable us to offer competitive salaries and exceptional employee benefits. We foster an inclusive and supportive work environment where your contributions are recognized and valued. In addition, we strive to provide all of our employees with equal opportunities for improvement and advanc...ement. We are looking for talented people who share our commitment to excellence, growth and achievement. Won’t you join us?
Just some of the benefits of working at Safety National
•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