AVP – Actuarial Pricing
EMC Insurance Companies
full-time
Posted on:
Location Type: Hybrid
Location: Des Moines • Iowa • United States
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Salary
💰 $164,948 - $260,703 per year
Job Level
About the role
- Oversees and facilitates all actuarial involvement in the establishment, execution, and oversight of the necessary profitability strategies/targets to achieve enterprise goals for the middle market regions.
- Oversees the actuarial support for rate filings and leads the implementation of rate changes and preparation of both internal and external documents & manuals.
- Collaborates with actuarial peers in the analysis and selection of various expense and forecasting methods and assumptions.
- Partners with Actuarial peers in the development of initial expected loss ratio (IELR) forecasts.
- Provides support to the Actuary Rating and Actuarial Applications team in the development and support of rates.
- Oversees the quality, consistency, and accuracy of the team’s work products.
- Provides strategic actuarial support in the implementation of enhanced and new insurance products.
Requirements
- Bachelor’s degree in mathematics, actuarial science, statistics, or a related field
- Ten years of progressively responsible experience in the actuarial area of a property and casualty insurance company with five years in a leadership capacity
- Attainment of FCAS
- Superior knowledge of actuarial pricing and ratemaking methods, regulatory and filings procedures/requirements, and rating algorithms.
- Detailed knowledge of commercial lines P&C insurance products, coverages, and services
- Exceptional organizational skills with the ability to meet deadlines by way of a results-oriented focus.
- Occasional travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving.
Benefits
- Health insurance
- 401(k) matching
- Paid time off
- Volunteer time off
- Professional development and growth opportunities
- Tuition reimbursement
- Wellness initiatives
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial pricingratemaking methodsforecasting methodsexpected loss ratio (IELR) forecastsrate filingsrating algorithmsinsurance product developmentquality assurancedata analysisstatistical analysis
Soft Skills
leadershiporganizational skillsresults-oriented focuscollaborationcommunicationstrategic thinkingattention to detailproblem-solvingtime managementinterpersonal skills
Certifications
FCAS