Pacific Neuroscience Institute (PNI)

Senior Actuary

Pacific Neuroscience Institute (PNI)

full-time

Posted on:

Origin:  • 🇺🇸 United States • Pennsylvania

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Job 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