Actuary

Job Category: Actuarial

Minimum Salary: $117,000.00

Maximum Salary: $221,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

Description:

The NA Majors Casualty team is seeking an Actuary to lead cross-segment portfolio support initiatives within the team. In this role, you will play a critical part in advancing the Majors profitability, growth, and operational objectives by delivering innovative, data-driven portfolio solutions.

You will be responsible for designing and implementing an enhanced loss monitoring and analytics framework, maintaining and improving supplemental pricing tools, and creating new processes and tools to support segment-level profit reviews and strategy evaluation. Additionally, you will contribute to other cross-segment initiatives.

The role requires strong technical and analytical skills, innovative thinking, effective communication, and the ability to execute within a highly collaborative environment. A highly organized, self-motivated individual with technical expertise and strong verbal and written communication skills will succeed in this position.

Responsibilities:

• Work closely with Majors underwriting management, developing cross-segment portfolio solutions to support profitability and growth goals.
• Design and implement an enhanced Majors loss monitoring and analytics framework.
• Maintain and enhance supplemental Majors pricing tools. Drive continuous improvement of processes and methodology.
• Create new tools and processes to support quarterly profit reviews, product planning, and strategy evaluations, including quantification of underwriting strategies.
• Partner closely with the Majors segment support teams to design and develop standardized tools and exhibits.
• Collaborate with Data Solutions and NA Data Office to bring new data solutions to the team, streamline and automate processes, and optimize dashboards.
• Partner with other actuarial teams to build upon the portfolio segmentation (RAMP) framework, enhancing the existing framework for Majors.
• Perform analyses to assist with business evaluation, decision making, and strategy development.
• Provide clear and concise communication of technical work to underwriters, business stakeholders, and senior leadership.
• Proactively identify training opportunities; create and deliver content accordingly.

Qualifications:

• Bachelor's degree required; Master’s degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
• Minimum 5-7 years relevant experience required.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, and sales.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
• Ability to motivate and mentor peers and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, etc.) with the ability to build complex models.
• Experience with Python or R preferred.

Fair Chance Notices:

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco