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| |  Posted 5/11/2005 8:56:25 AM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Assistant Actuarial Analyst/Actuarial Analyst
Company:Insurance Organization
Location: Illinois
Job ID: 3571
Responsibilities:
·Develop, update and maintain the methodologies for testing the adequacy of reserves, including loss, loss expense, premium dividend, and incentive commission reserves.
·Maximize earnings through timely and thorough pricing analyses, including manual rates, class plans, pricing credits and deviations, program pricing, industry group pricing, dividend schedules, policy coverages and financial/service arrangements.
·Develop projections of likely corporate/line operating results based on emerging trends, competitive conditions and operational changes.
·Monitor, analyze and report on reasons for variances in corporate, line and regional underwriting results.
·Design, develop, and communicate appropriate solutions to a wide range of quantifiable business problems to meet or exceed business plan.
·Continuously improve accuracy and efficiency of pricing, reserving, and forecasting templates.
·Develop and maintain knowledge of all Company and industry factors which have an effect on assigned areas of responsibility.
·Act as advisor to business partners by providing counsel and interpretation of actuarial analyses, financial metrics, and rating programs (role will vary based on position level).
·Provide supporting materials to secure regulatory approval of company rating programs.
Qualifications
·Demonstrated high level of problem solving aptitude.
·Strong written & verbal communication skills.
·Demonstrated leadership skills and interest in developing self and others.
·Strong math aptitude.
·Ability to work independently.
·Successful completion of college course work equivalent to a math, statistics, economics, finance or other heavy problem solving oriented major, highly desirable.
·Knowledge & demonstrated interest of requirements toward actuarial designation.
·Completion of 1 CAS exam, highly preferred.
·Problem Solving
·Performs wide range of mathematical calculations.
·Learns actuarial techniques & applies them within established context to perform rate reviews & reserve analysis.
·Collects and analyzes historical data from various systems and management reports to draw valid conclusions and make recommendations.
·Explains analysis results to project leader and participates in discussions with business partners on a limited basis.
Online Application available at www.jobs4actuary.com
For further information, email info@nasearchg.com and mention Position #3571, or contact any of our recruiters at (905)-477-2962. |
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