This role can be filled at the Sr Analyst or Analyst level depending on the background and experience of the selected candidate.
Prepares loss, expense, and premium data for actuarial pricing reviews and or rate making; estimates future loss and premium results. Exhibits working knowledge of company systems, databases, applications, business, policies, practices and regulations. Works under regular guidance from a manager or senior analyst to execute actuarial modes, complete rate revisions, filings and indications, extract info from databases, manipulate spreadsheets and communicate results to Product Managers and others.
Typical Skills and Experiences:
Education: Bachelors degree (preferred) in actuarial science, business, finance, mathematics, statistics, economics or related field with strong quantitative orientation.
Experience: Minimum two years experience in a business unit ( e.g., pricing, actuarial, product) or combined experience and educational equivalent.
Knowledge: Knowledge of mathematics, statistics, probability, and or principles of finance, proven analytical skills and familiarity with insurance products and terminology as well as legal and regulatory requirements in area of assignment. Continuing to learn more advanced actuarial methodologies and insurance concepts through reading, training sessions and work assignments.
Skills/Competencies: Demonstrated work product accuracy. Effective verbal/written communication skills; Demonstrated ability to comprehend actuarial concepts and other advanced statistical concepts; Demonstrated ability to think logically and perform actuarial methods in a timely manner. Ability to effectively operate personal computer and related spreadsheets and data base software.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and or background check will be required as part of the selection process.
Internal Number: 62172
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