Job Summary:

The Senior Actuarial Analyst, with minimal supervision, performs complex analyses, offers recommendations, and leads special actuarial projects. This role utilizes advanced actuarial expertise to complete assignments and enhance processes within the actuarial department. The analyst researches and develops best practice pricing techniques for implementation across the business, mentors less experienced professionals, provides insights on market trends and product performance, and ensures adherence to internal and external compliance standards.

Responsibilities:

• Lead actuarial projects, applying actuarial skills and knowledge of the company's insurance products and operations.
• Conduct research, ensure the accuracy of calculations and analyses, and meet project deadlines.
• Complete complex actuarial assignments in areas such as Pricing, Loss Reserving, and Research and Development, following standard processes.
• Provide input on pricing for new and existing products, collaborate with the Underwriting and Product teams, and determine loss and loss expense reserve recommendations.
• Assist in developing management reports to monitor performance, behavior, and achievement of company goals and objectives.
• Stay informed about industry activities by attending seminars, reading trade journals, and networking with other insurance companies, state regulatory bodies, and professional affiliations.
• Gather information, prepare reports, and create datasets following documented processes to support the Actuarial Department.
• Prepare materials for state filings, estimate unpaid loss and loss expense liabilities, support Finance Reporting, and work with the IT team to implement rate and rule changes.
• Continuously review and improve pricing and processes for greater automation, accuracy, and rate adequacy.
• Support peers and less experienced professionals, analysts, and associates in their activities related to pricing, reserving, and research and development.

Qualifications:

• Over 4 years of experience in insurance and/or business.
• More than 3 years of actuarial experience.
• Bachelor's degree in Mathematics, Actuarial Science, Statistics, or a related field, or equivalent work experience.
• Completion of the Casualty Actuarial Society's "Basic techniques for rate making and estimating claims liability" exam and all CAS preliminary requirements (e.g., exams, VEEs, online courses).