Associate Actuarial Analyst (Flex Office/Home)
Location: United States, New Hampshire, Keene
Date: Oct 10, 2024
Compensation Range: $60,000.00 - $99,000.00
Pay Rate Type: Salary
Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
Job Responsibilities:
- Review claims, premium, finance and expense experience using various actuarial modeling techniques.
- Contribute to analysis for actuarial activities related to insurance pricing, ratemaking, loss reserving, modeling, or reinsurance.
- Assist in building models and projections to enable the business to generate consistent and sound prices.
- Contribute to building forecasts and models for incurred losses and loss adjustment expense (LAE), CAT and investment risks, or reinsurance.
- Report to a senior manager, actuary.
- Work a minimum of 10 days per month from specified office locations.
Primary Accountabilities:
- Provide insights and solutions to address specific business concerns. Support competitive and market analysis.
- Assist in the performance of actuarial modeling to quantify the impact of risks.
- Provide technical background in support of rate filings with state insurance departments.
- Coordinate the rate review process and contribute to the pricing meetings.
- Responsible for state rate level indication development, including trending and adjusting premiums, losses, and expenses.
- Develop and book the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis.
- Assist in performing the annual losses incurred forecast.
- Measure and evaluate deviations of underwriting results on a quarterly basis.
Specialized Knowledge & Skills Requirements:
- Demonstrated experience providing customer-driven solutions, support, or service.
- Basic knowledge of property and casualty products, pricing, rates, and industry trends.
- Basic understanding of underwriting guidelines and concepts.
- Experience performing statistical/actuarial analysis and data forecasting.
- Pursuing Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
Travel Requirements: Up to 10%.
Physical Requirements: Work that primarily involves sitting/standing.
Working Conditions: Not applicable.
Additional Information:
- Offer to selected candidate will be contingent on background checks.
- Offer is contingent on signing a non-disclosure agreement.
- Relocation Assistance is available, if needed.
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We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state, and local laws pertaining to non-discrimination, non-harassment, and equal opportunity.
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