Senior Actuarial Analyst 145 views

Job Description
SUMMARY:

This position is responsible for supporting the Company’s actuarial functions. The core actuarial functions include pricing, reserving, reinsurance analysis, and forecasting. Additional responsibilities include management reporting, competitor analysis, strategy support, financial data calls, and other ad hoc projects.

RESPONSIBILITIES/TASKS:

Specific Responsibilities by Focus Area:

Additional Responsibilities for Senior Actuarial Analyst

Provide oversight to the premium and loss projection process. Work with Operating Units on underlying assumptions and create appropriate documentation. Review projection files to ensure accuracy. Communicate results to Finance.
Act as liaison for the Actuarial department when working with other departments such as Information Services, Corporate Claims, and Corporate Underwriting.
Perform quarterly reserve analyses. Identify loss trends and investigate underlying drivers.
Maintain and update Large Account Pricing Workbook.
Participate in annual planning process by assisting Brands with strategy and identifying areas for improvement.
Perform ad hoc pricing and reserving projects with little direction.
Perform various projects with regard to reinsurance and catastrophe modeling.
Work with the Brands on deployment of underwriting predictive models.
Represent Actuarial on various corporate projects.
Work with outside actuaries and/or consultants on various projects.
Mentoring and training of Actuarial Interns and Actuarial Analysts.
Lead the development of new reports and tools for the department.
Assist in various reinsurance studies including pricing and commutation studies.
Assist with Capital Model maintenance.
Support the Capital Management Committee on its various tasks.
Development and maintenance of risk adjusted performance metrics.
This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.