Description:
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Position: Actuary
Job ID: 40970
Responsibilities:
· Prepare and review rate indications for major insurance lines.
· Obtain and analyze premium and loss data using database procedures.
· Maintain and develop tools for rate assumptions and model development.
· Provide actuarial insights on multivariate rating models and pricing exhibits.
· Support pricing and product management by reviewing and preparing experience, expense, and rate effect exhibits.
· Evaluate new products and product enhancements.
· Develop and implement predictive analytics for pricing and trends.
· Conduct annual Permissible Loss Ratio Analysis and provide internal rate of return Calculate loss and expense reserves, and prepare loss development and reserve analysis.
· Update loss triangles and Excel-based reserve frameworks.
· Collaborate on risk assessments, scenario analysis, and enterprise risk management (ERM) initiatives.
· Assist with Own Risk Solvency Assessment (ORSA) and reinsurance processes.
· Support capital modeling with relevant data collection and quality assurance.
· Provide guidance and leadership to junior staff, review their work, and offer training.
· Participate in or lead actuarial project teams to ensure successful completion of initiatives.
Qualifications:
· ACAS or FCAS
-->SALARY: 120-160
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