Actuarial Analyst, Reserving – Professional Lines
AIG
PythonSQL
Senior Actuary
Pacific Neuroscience Institute (PNI)
full-time
Posted on:
Location: Pennsylvania • 🇺🇸 United States
Visit company websiteJob Level
Senior
About the role
- Lead pricing activities across major commercial and personal lines of business; apply expert-level actuarial techniques to recommend profitable pricing structures and contribute to financial performance.
- Oversee development of rate filings, monitor regulatory and rate bureau activity, and collaborate with senior leadership on corporate rate matters.
- The ideal candidate will reside in the Harrisburg PA area.
- Oversee preparation of rate filings with supporting exhibits and documentation reflecting regulatory issues.
- Monitor activity of rate bureaus and regulator agencies.
- Stay informed of changes, developments, and new research in ratemaking.
- Represent the company in external rate bureau and industry committee activities to improve actuarial methods.
- Clearly communicate recommendations to the Loss Reserve Committee, Underwriting Operations management, or ERM Committee; and management about corporate rate and reserve issues.
- Conduct research and make recommendations on emerging actuarial topics.
- Develop or direct the development of computer application systems for analysis, manipulation, and reporting of actuarial data.
- Advise and act as consultant to Underwriting Operations and Claims with regard to data analysis.
- Plan and direct all actuarial pricing activities for major lines of business; supervise Pricing Analyst and staff; mentor and assign authority over Rate Analyst, Pricing Analyst, and Actuarial Assistant(s).
- Analyze data to make profitability recommendations; perform other duties as assigned by Senior Actuary or VP Actuarial.
- Interact with all levels internally and with external regulatory agencies.
- Interpreting and applying regulatory requirements, and ensuring compliance with audit trails.
Requirements
- Bachelor of Science degree in mathematics, actuarial science or similar curriculum providing rigorous analytical training
- Associate of the Casualty Actuarial Society required, Fellow preferred
- Minimum of 6 years of general Actuarial experience, with prior 4 years in ratemaking preferred
- High level of quantitative analytical skills
- Familiarity with property and casualty insurance accounting and finance
- Proficiency in spreadsheet and database software
- Familiarity with legal and regulatory requirements for ratemaking and filing
- Strong organizational and communication skills
