The company needs to build models and projections to allow the business to produce consistent and sound prices, and to build forecasts and models for incurred losses and loss adjustment expense (LAE), CAT and investment risks, and reinsurance for their annual profit and growth plan.
Requirements
- Solid knowledge, understanding and demonstrated experience performing statistical/actuarial analysis and data forecasting, reserving, and modeling techniques.
- Experience in predictive modeling may be considered in lieu of ACAS/FCAS
Responsibilities
- You will oversee the development and application of statistical solutions for addressing business questions.
- You will lead the exploration of data using a variety of advanced techniques to identify relationships, create insights and answer business questions or guide future model development.
- Oversee the use of several predictive modeling tools to produce various insights.
- Manage ongoing product and model maintenance.
- Oversee product pricing development (from model development through business rule development).
- You will lead and manage the analysis and interpretation of loss reserve, loss incurred and loss adjustment for all property and casualty lines of insurance.
Other
- You will create a collaborative, performance-driven work environment by facilitating and promoting trust, transparency, and inclusion. Work with team members to set clear goals, provide feedback, perform performance assessments, and support ongoing development.
- Lead with influence and expertise. Contribute to division or department leadership team. Communicate and support our organizational mission, vision, values and policies.
- Provide input and advice to help establish the pricing strategy for the line of business; by communicating pricing strategies to business partners.
- Manage the relationship with important business partners and assist prioritization of pricing efforts across states and regions.
- Responsible for compliance with rate standards used for the respective state insurance department.
- Associate or Fellow in the Casualty Actuary Society (ACAS or FCAS).
- Up to 10% travel.
