The Actuarial Consultant’s responsibilities will include, but not be limited to, rate making and reserving projects for both commercial and personal lines of business. These could consist of rate level indications, class plan analyses, benchmarking analyses or competitor rate comparisons, rate/rule/form filings, reserve analyses, self-insured retention analyses, funding studies, pro formas, etc.
The Actuarial Consultant will work closely with a supervising Consulting Actuary and our other practice areas, such as Product Design and State Filings. In addition, it is expected that the Actuarial Consultant will communicate and work directly with clients as needed, with supervision. The Actuarial Consultant will be responsible for meeting a monthly billing target.
Eligible candidates must exhibit the following characteristics:
1 to 3 years experience in the insurance industry. Experience with property/casualty insurance products is a plus, but not required.
General understanding of standard actuarial terms, such as loss ratio, ultimate losses, written premium, earned premium, on-level earned premium, frequency, severity, loss cost, etc.
1 to 3 completed Actuarial Exams.
Excellent Microsoft Excel, Word and Access skills. Visual Basic (macros) is a plus, but not required.
Ability to think creatively/imaginatively.
Excellent written and oral communication skills.
Telecommuting is allowed.
Additional Salary Information: Performance based bonus.
Founded in 1994, Perr&Knight provides insurance consulting and software solutions to the property & casualty and accident & health industries. Services include actuarial consulting, product development, insurance policy and forms consulting, regulatory compliance, state filings, licensing, technology consulting, statistical reporting, data services, and predictive analytics. Software includes StateFilings.com, a leading cloud-based state filings management solution. With offices in Santa Monica, Boca Raton, the New York Metro Area, Fort Worth, and Cincinnati, and more than 100 insurance professionals, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.
Among the firm’s 100+ professionals are more than 20 Fellows and Associates of the Casualty Actuarial Society and members of the American Academy of Actuaries. Perr&Knight offers a comprehensive actuarial education program for employees pursuing their actuarial credentials and supports the continuing education of our credentialed actuaries. All of our actuarial positions are bonus eligible. Perr&Knight offers flexible working arrangements including full-time and part-time telecommuting and expanded office hours.