The TMNAS Actuarial Pricing Section works with internal and external customers to handle pricing needs for sister companies with market share over $4B countrywide. The pricing services include performing Actuarial analyses and calculations, preparing exhibits for internal use as well as state filings, and participating in projects that require Actuarial support.
The Manager and Pricing Actuary for Management & Professional Liability (M&PL) needs to be able to work with internal and external customers to provide the information supporting business decisions. The position requires experience with M&PL coverages, ability to work with Underwriters with respect to rate levels, the knowledge to make rate filings across all states, and the ability to work with various data sources in support of this work.
Gather and organize internal data into reports that support the rate maintenance needs of the client sister companies including rate indications, rate impacts, filing forms, and responses to question from insurance departments
Supervise actuarial analysts
Utilize internal and external information to develop rate plans for new coverages and support the filing of plans with insurance departments
Participate in programming, preparation and interpretation of Actuarial reports
Develop new ideas that improve the Department’s performance
Work within a collaborative team environment
Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities
Perform special projects and other duties as may be assigned
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
Understanding of quantitative tools, techniques, and statistical methods
Basic knowledge of approaches, tools, and techniques for recognizing, anticipating, and resolving actuarial operational or process problems
Understanding of Property & Casualty M&PL coverage structures and rating algorithms
Knowledge of the state filing process countrywide
Additional Salary Information: Base salary + bonus potential. Full benefits package.
About TMNA Services, LLC.
Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! TMNAS adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.