Senior Actuarial Analyst
berkley
administration

Job Description:

The Senior Actuarial Analyst will validate external pricing methodology of our external program administrators as it relates to overall rate adequacy. Maintain internal pricing models including periodic updating of parameters. Evaluate new business opportunities as they arise, assist in reinsurance placements and other actuarial support. Monitor historical profitability underwriting year performance as well as prospective portfolio performance.

Daily Responsibilities:

Conduct comprehensive actuarial analysis to develop and refine pricing models for various insurance products Collaborate with cross-functional teams to provide insights that guide product development and profitability initiatives Collaborate closely with underwriting, claims and finance teams to align pricing strategies with business goals Evaluate and refine pricing metrics used to measure rate adequacy and price monitoring Work with our Claims Department and Third-Party Administrators to help identify claim trends, reserving anomalies, or other industry trends Prepare data for reinsurance submissions. Perform experience analysis Participate in on-going large loss discussions with claims department and monitor actual vs. expected loss emergence Communicate results and findings to various key departments Communicate with outside auditors, consultants and actuaries Collaborate effectively with the actuarial data and analytics team to enhance processes and maintain a high standard of data integrity Be comfortable working with remote colleagues, particularly changing communication style as needed. Continued progress with Actuarial qualifications. The ability to be in the Stamford, CT office 4 days a week.

Job Requirements:

Bachelor�s Degree or equivalent training in computer science, actuarial science, mathematics, statistics or related field 4+ years of experience in the P&C insurance industry Experience in Excess Casualty and/or Reinsurance preferred 4+ Actuarial exams passed or ACAS designation, strong track record of passing exams Intermediate to advanced Microsoft Office, specifically Excel. Advanced SQL skills, and other databases, statistical analysis programing (VBA, R, Python) skills plus Excellent problem-solving skills

Compensation:

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Job Location(s):

Stamford, Connecticut

Source:

Company Career Section

Competition:

N/A

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