Accredited actuary with significant knowledge of insurance and actuarial concepts. Assumes responsibility for completing complex actuarial functions such as ratemaking and reserving with minimal oversight. Able to lead ad hoc analyses, projects and teams from start to finish. Able to communicate results and findings of all work. Demonstrates curiosity and ability to identify new opportunities and areas for improvement/value add.
Roles, Responsibilities, and Priorities
Major Areas of accountability
Lead quarterly reserving, individual account pricing, and ratemaking processes. Present findings and recommendations to Chief Actuary and other Executives/Board members
Lead complex ad hoc analyses from start to finish including extraction of data from company databases using SQL or R, analysis, and presentation of findings and recommendations
Liaise with internal and external partners on reserving and other projects
Lead or work on cross-functional project teams
Research, recommend and implement techniques, programs, and/or computer software to develop solutions to enhance actuarial functions and/or improve the quality and efficiency of actuarial and data analysis
Lead financial forecasting analysis
Demonstrates thorough understanding of LWCC data, business operations and departmental functions and nuances
Demonstrates strong relationship skills and ability to communicate effectively with actuarial coworkers and other departments
Contributes through means other than standard actuarial functions
Commitment to achieving FCAS
Mentor less experienced actuarial and other staff
Desired Skills and Experience
Alignment with company values, mission, and vision
Trustworthy and honest
Inherently curious and persistent
Passion for innovation
Self-starter – seeks out ways to lead and add value to projects and initiatives
Adaptive to change (tolerance for ambiguity)
Effective communication skills
Commitment to accountability
Proficient in Excel and data querying/manipulation languages (e.g., SQL, R)
Strong analytical, problem solving and communication skills
Ability to present data, orally and visually, in an engaging and digestible way to stakeholders
Strong project and people leadership abilities
Ability to manage multiple projects and priorities simultaneously
Ability to innovate
Data analytics, statistical modeling, and/or data visualization skills are strongly desired.
Education and experience
Undergraduate degree in Mathematics, Actuarial Science or other related field.
6 years relevant experience including reserving and ratemaking. Experience in workers’ compensation and ACAS designation. Significant work experience in addition to near completion of ACAS designation will be considered.
Telecommuting is allowed.
About Louisiana Workers' Compensation Corporation
WHO WE ARE
LWCC is a Champion of Louisiana business and proud to be headquartered in the state capital, Baton Rouge. As a model single-state, private mutual workers’ comp company, we promote safety, security, and stability in Louisiana. LWCC is dedicated to excellence in execution, from underwriting to life-long care of injured workers. We are proud to partner with our agents, and together deliver outstanding service to policyholders and their workers. Our commitment is to be there for Louisiana. Always.
We are Louisiana Loyal, more than a tagline, this is a mantra and a movement that inspires us to be a catalyst elevating Louisiana’s position in America. We hope to inspire other Louisiana businesses and citizens to join us in helping Louisiana thrive by bettering our state one business and one worker at a time.In 2020, the company was named as a Best Place to Work by the Greater Baton Rouge Business Report for the third time. LWCC has been recognized by industry leading benchmarker AON and named to the Ward’s 50® group of top-performing insurance companies for achieving outstanding results in the areas of safety, consistency, and performance over a five-year period, 2015-2...019.
Our company offers an excellent benefits package including health, dental, vision, life and disability insurance; a 401(k) savings plan; educational assistance; and an on-site fitness center. LWCC is an equal opportunity employer and does not discriminate on the basis of race, creed, color, national origin, religion, sex, age, handicap, Vietnam era or disabled veteran status.For more information on the corporation and its services, please visit www.lwcc.com. To learn more about Louisiana Loyal, please visit louisianaloyal.com.