Amerisure is currently recruiting for an Actuarial Consultant who will be located in our Farmington Hills Headquarters. This role will primarily be project based in nature but will require some reserving and rate review work as well. The ideal candidate will also possess the following skill set.
Under limited supervision, perform complex actuarial analysis to support rate indications, loss reserving and/or financial modeling including data collection and internal controls implementation. Using broad-based knowledge of actuarial functions, initiate and lead actuarial analysis and recommendations to improve profitability, reserve accuracy or model results. Recommend pricing, reserving or modeling outcomes. Assist less experienced staff with routine and more complex assignments.
Essential Tasks/Major Duties
Collect data, perform analyses, and present results for pricing indications, loss reserve reviews and /or financial modeling. Very familiar with performing actuarial analysis and recommendations to improve profitability, reserve accuracy, or modeled results including the development of appropriate methodologies and monitoring systems. Attend committee meetings regarding pricing indications or loss reserves. Communicate with other departments to discuss informational needs, methods of presenting data, etc. Communicate with industry groups or senior personnel to discuss various actuarial practices.
Very familiar with company data systems and department processes to allow for directing conversion, enhancements, automation, and formal documentation of improvements.
Initiate and participate in complex special projects related to statistical modeling analysis, interdepartmental and industry committees, development of new or revised systems and attendant reporting mechanisms, and problem solving or investigation related to various actuarial disciplines. Respond to requests for special assistance, financial information or actuarial support to other company departments or to senior management.
Aware of emerging issues affecting the business or area of focus.
Collect and present statistical information on company experience and financial results including peer analysis.
Train less experienced staff with routine assignments including data gathering and analysis, resolving problems, interpreting requests, internal controls implementation and communicating with internal and external customers.
Provide input to the budget process and other key departmental decisions. Recommend new or revised policies/procedures to higher levels.
5 or more years of professional actuarial experience, preferably in a property-casualty environment.
Intermediate to advanced PC programming skills enabling the individual to extract and manipulate data (SAS, SQL, etc.).
Intermediate to advanced Microsoft Office proficiency required to analyze and present actuarial information (Word, Excel, Access, PowerPoint, etc.)
Broader understanding of statistical models and GLMs preferred.
Ability to lead discussions, make presentations and deliver technical results to a non-technical audience.
Ability and willingness to continue participation in the actuarial exam program.
Possesses leadership skills including the ability to prioritize, delegate, and train other actuarial staff.
Strong analytical and critical thinking skills, including the ability to handle complex tasks having a more significant business impact. Draws conclusions, develops and presents actionable recommendations.
Just as we are committed to creating exceptional value for our Partners for Success® agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. Amerisure offers a Compensation & Benefits Package that includes competitive base pay, performance based incentive pay, comprehensive health & welfare benefits, 401(k) savings plan, and profit sharing. In addition to generous paid time off programs, we allow our employees flexible and remote work arrangements. If you strive for excellence and are committed to personal and professional growth, Amerisure is looking for you.
Internal Number: JR-000784
Amerisure is an insurance organization charged with creating exceptional value for its Partners for Success® agencies, employees and policyholders. As a property and casualty insurance company, Amerisure’s promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. Amerisure is an A.M. Best “A” (excellent) rated company and services mid-sized commercial enterprises focused in construction, manufacturing and healthcare. We are ranked as one of the top 100 Property & Casualty companies in the United States, and have more than $835 million in Direct Written Premiums and over $937 million in surplus.