Can be at a higher level commensurate with experience.
The Actuary develops actuarial analyses, with a focus on either pricing or reserving, in accordance with CAS (Casualty Actuarial Society) principles. These analyses will directly contribute to the overall performance of the actuarial area. As the analyses typically rely upon complex processes, with the potential to change in connection with the organization’s needs, the Actuary will be accountable for making changes necessary to keep the analyses up-to-date and free of errors. The Actuary I is therefore expected to thoroughly understand the analyses undertaken, with the ability to detail the inputs to others in the actuarial area and the organization.
· Bachelor's Degree or higher · 1 - 4 years of experience in related roles · Thorough knowledge of Microsoft Office · Experience carrying out complicated quantitative analyses for insurance companies or similar organizations; preferably related to products similar to MAPFRE’s · General knowledge of either SAS or SQL · General knowledge of insurance operations and insurance accounting · General knowledge of insurance regulation · Ability to use these skills to modify existing processes or innovate new processes
Preferred · Credit for at least two exams on the current CAS syllabus · Experience with Emblem (for Pricing) or ResQ (for Reserving) depending on the Actuary I’s area of focus · Experience with Earnix, R, or Insure Quote preferred for pricing area of focus General knowledge of applicable industry practices, standards, and concepts
At MAPFRE, the safety of our employees matters. We have taken vital steps across all offices from the improvements to our air ventilation, the installation of touch-free devices, to embracing social distancing and requiring medical self-screening to ensure the safety of our employees. We embrace the ability to collaborate with peers in-office, while also offering a flexible work arrangement for many roles in our organization.
If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at email@example.com.
MAPFRE Insurance offers friendly service from over 2,000 professionals focused on taking care of you and your family.
MAPFRE Across the Globe
Part of the MAPFRE Group – a global insurance group doing business in over 100 countries across five continents. MAPFRE has over 36,000 employees serving over 30 million customers worldwide.
MAPFRE in the United States
Offers a wide range of insurance solutions for the home and vehicle
Is the 21st largest Property-Casualty Insurer
Is the 20th largest private passenger auto insurer
Has a network of more than 5000 independent agents and brokers
Has a presence in 14 states
Rated “A” (Excellent) by A.M. Best