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Actuarial Associate Jobs

Company

Core Specialty
Address , Remote
Employment type FULL_TIME
Salary
Expires 2023-10-02
Posted at 9 months ago
Job Description
The Core Specialty Actuarial Pricing Team is looking for an Actuarial Associate. This dynamic role is primarily responsible for supporting the Property & Marine lines of business during an exciting time of growth. The role will primarily focus on monitoring the portfolio of a growing line of business, supporting and evaluating rating algorithms, working with output from catastrophe models, leveraging information from other third-party vendors, evaluating new opportunities, and supporting the annual planning process.
Key Accountabilities and Deliverables:
  • Assist with the loss ratio planning and premium budgeting process; monitoring actuals against plan assumptions; and providing summaries to Underwriting Management and Reserve Committee
  • Effectively communicate assumptions and results of analyses
  • In addition to the above key responsibilities, you may be required to undertake other duties from time-to-time as the Company may reasonably require.
  • Opportunity to work on a variety of business and with a variety of partners, including brokerage business, MGA-written program business, and business ceded to reinsurance treaties.
  • Assist with the building and maintenance of pricing tools; including assisting with studies to update rating parameters
  • Effectively communicate data and results through visualization tools like Power BI
  • Assist with the building and maintenance of tools to monitor pricing metrics, mix of business, and loss drivers of the portfolio
Technical Knowledge:
  • Strong communication skills
  • Functional knowledge of other programming languages/software (Alteryx, R, Python, Excel VBA, etc.)
  • Comfortable making judgements, yet open minded to hearing other opinions
  • Functional knowledge of a data visualization tools (Power BI, Tableau, etc.)
  • Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. Finance, Claim, Underwriting, Actuarial, Operations)
Experience:
  • Currently pursuing ACAS or FCAS and taking actuarial exams
  • Education – Bachelor’s degree required, prefer degree in Actuarial Science, Computer Science, Business, Math, or Statistics
  • Experience in Pricing and/or Reserving for Property & Casualty business
  • High proficiency in MS Office suit (Excel, Powerpoint, Word, etc.)
  • Experience with effectively communicating results of analyses to business partners
    At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program