Actuary (Homeowners Countrywide Indications)

Job Category: Actuarial

Minimum Salary: $117,000.00

Maximum Salary: $225,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 20 days

Description:

The Homeowners Countrywide (CW) Indications team within US Retail Markets (USRM) Risk Analytics conducts critical analyses and provides recommendations to drive profitable growth in the $9B+ US Personal Lines (PL) Homeowners line of business.

The key responsibility for this role will be to produce accurate Homeowners internal indications on a quarterly basis, incorporating internal and industry trends and performing ad hoc analyses to assess profitability concerns.

This is a highly visible role with the opportunity to problem solve, develop line of business expertise, and influence the broader organization.

It will require close collaboration with analytical teams throughout the organization and the ability to clearly set and communicate our go-forward strategy.

This role will be part of a team of 4 analysts and report to the Homeowners CW Indications manager.

In this role, you can expect to:

• Perform complex quarterly CW Indication which directly impacts company pricing and underwriting decisions.
• Develop deep understanding of profit projections.
• Individually and in partnership with teams across the organization, critically examine peril-level loss trends, weather/CAT loads, premium trends, expense levels, initiative impacts and customer mix changes.
• Determine a range of reasonable outcomes given assumption uncertainty and support our pricing selections to Product leadership and stakeholders.
• Research, propose, and build out improvements to the indications process.
• Work closely with Forecast, Reserving, and State Indications teams to ensure consistency of methodologies.
• Communicate indications changes and implications to peer teams and senior leaders within the organization.
• Mentor, motivate, and train less experienced staff and peers.

Qualifications:

• Bachelor's degree required; Master’s degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) 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 motivate 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