Senior Analyst/Actuary

The North America pricing team, supporting majors and middle market, is seeking a Senior Actuarial Analyst or Actuary responsible for large account commercial auto pricing. You will play a key role in the continuous improvement of our commercial auto advanced actuarial and statistical methodologies in the onleveling process and expanding into indications process in the future.

This position requires a highly organized, self-motivated individual with strong SAS coding and technical skills as well as verbal and written communication skills. The candidate should also have strong analytical and problem-solving skills and experience managing complex projects.

Responsibilities:

• Enhancing the existing SAS codes for the different onleveling processes
• Retrieves, understands and manipulates data as it relates to assigned and related projects
• Support the commercial auto pricing models by implementing regular enhancements, monitoring the model’s performance, and gathering underwriter feedback
• Perform complex actuarial analysis within North America Pricing, to assist in commercial auto decision making, financial planning, and strategy development
• Prepare actuarial research and complex reports and projects, present findings and recommendations
• Perform profitability analysis including indications for commercial auto
• Provide clear and concise communication of technical actuarial work to technical and non-technical audiences, and on cross functional teams
• Maintain clear and concise documentation of methods and activities
• Interact with and provide technical assistance and information to peers, senior managers, and others within and outside of the organization
• Mentor, motivate, and train less experienced staff and peers
• Direct the development of actuarial tools.
• Attend industry and internal LMG actuarial meetings; represent company at external meetings as necessary
• Complete required training
• Develop training for the field and underwriting support
• Potential for 10% travel

Qualifications

• Bachelor’s degree. Focus in mathematics, statistics, or economics preferred.
• Minimum of 3-5 years relevant experience along with passing grades on a minimum of 5 Casualty Actuarial Exams are required for a Senior Actuarial Analyst level.
• Minimum of 5-7 years of relevant experience along with ACAS or FCAS is required for the Actuary level.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Strong data manipulation skills including the ability to query, consolidate, and test for reasonability desired.
• Strong communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization. Ability to give effective training and presentations to senior management and other groups a plus.
• Desire to work in a fast paced and dynamic environment, responding to business demands and a changing marketplace a plus.
• Ability to motivate and mentor peers

The compensation for this role is dependent on level of position, experience and geographic location of candidate.