Actuary (Auto & Home Planning)

Job Category: Actuarial

Typical Starting Salary: $140,000-$170,000

Minimum Salary: $117,000.00

Maximum Salary: $225,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

Description:

The Auto & Home Planning Teams within US Retail Markets (USRM) Risk Analytics (RA) are both seeking an Actuary. We have two exciting opportunities, one aligned to Auto and one aligned to Home. Our teams are responsible for crafting a holistic and compelling opinion of the loss ratio and top-line as part of the quarterly Plan. We also analyze, synthesize, monitor, and communicate emerging trends to a broad group of stakeholders.

In this role, you will have the opportunity to collaborate with multiple teams and functional areas across the organization in the planning-monitoring system. You will lead the team’s work on Plan Vision, a project to redesign the quarterly forecasting process with a focus on accelerating the planning timelines and optimizing the planning tools.

You will work closely with members of the Planning teams to build the planning framework for topline and loss planning. Additionally, you will conduct deep dives to support the new planning framework.

We have two roles, one will support Auto, and one will support Home. Applicants will be considered across both opportunities in one process.

This role may have in-office requirements dependent upon candidate location.

Responsibilities include:

• Lead end to end project management of Plan Vision work for Auto or Home Planning team.
• Collaborate with the full RA Planning teams and with Finance partners to ensure alignment, clear communication, and timely execution of Plan Vision workstream.
• Lead in-depth analyses in support of the quarterly forecast process redesign.
• Build plan calculation specifications in support of the quarterly forecast process redesign.
• Engage with the planning systems and processes to develop an efficient and organized planning process.
• Provide recommendations to senior management and articulate analytical reasonings, considerations, and risk factors.
• Assess the effectiveness of the tools, reports, and processes, and identify new opportunities.
• Establish relationships and collaborate with cross-functional areas to ensure a successful Plan Vision rollout.

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, sales, etc.
• 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 ability to build complex models.

Fair Chance Notices:

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