Actuarial Analyst, Reserving – Professional Lines
AIG
PythonSQL
Director, Actuarial Science
CareSource
full-time
Posted on:
Location: Ohio • 🇺🇸 United States
Visit company websiteSalary
💰 $132,900 - $232,700 per year
Job Level
Lead
Tech Stack
SQL
About the role
- Accountable for pricing, forecasting, month-end close activities and performance monitoring and explanations; includes development of key processes and assumptions, accruals and evaluation of financial experience and trend drivers including comparisons to budget and reforecast
- Develop activities to improve efficiency and affordability
- Execute the strategy and guide teams in the development of multiple internal statistical models to support key business goals / initiatives; bid pricing models, financial projections, contract modeling, ad hoc support projects
- Proactively identify and influence at Senior Management levels
- Actuarial concepts / business drivers to support interactions with federal level and state level regulators
- On request, lead new business projects for the business development team at the Senior Management level
- Responsible for the integrity of all federal or state rate filing requirements as necessary
- Identify and lead opportunities across multiple functions within the organization where the actuarial team can drive completion of corporate goals
- Lead a team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development, or provide mentorship to other teams
- Remain current, be able to explain and understand business impacts of all pertinent industry developments, including but not limited to, federal and state regulations and sub-regulatory guidance
- Responsible for development of tactical plans and goals for functional area, accountable for problem solving and decisions that impact for the functional area
- Understand and explain the financial drivers for owned product/market, including IBNR and other accruals
- Perform any other job duties as requested
Requirements
- Bachelor's degree in actuarial science, mathematics, economics or a related field
- Minimum of eight (8) years of decision support, financial analysis, or actuarial experience (preferred)
- Minimum of three (3) years of management experience (preferred)
- Strong database (SAS or Access) experience (preferred)
- Managed Care or healthcare experience (preferred)
- Associate of the Society of Actuaries (ASA) is required; Fellow of the Society of Actuaries (FSA) is preferred
