The TMNAS Actuarial Pricing Section works with internal and external customers to handle pricing needs for sister companies with market share over $3B countrywide. The pricing services include data development, a reporting platform for self-service pricing reports, exposure management, predictive analytics, rate maintenance, large account pricing, and product development.
The Pricing Actuary for Information Reporting needs to be able to work with internal and external customers to provide the information supporting business decisions. The position requires strong knowledge of data definitions and structures related to insurance operations and the ability to support a self-service reporting platform for clients. Knowledge of predictive analytics is required as the company is establishing its predictive analytics services.
Provide support for Predictive Model development including work with external vendors, development of predictive models, implementation of models, and maintenance of existing models.
Proactively meet with key stakeholders at each Business Unit to identify and understand their business issues, mutually prioritize their needs for Actuarial Services, and identify areas for improved service.
Gather and organize internal and external data into structures that can be used to support the reporting needs of the client sister companies, and to enhance predictive analytics deliverables.
Work within a collaborative team environment.
Potential opportunity for supervisory responsibilities.
Design, develop, enhance, produce and interpret key property and casualty insurance reports for both internal and external distribution.
Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
Perform special projects and other duties as may be assigned.
Bachelor's degree with a concentration in actuarial science, math, finance or economics preferred.
5+ years of property and casualty actuarial experience
Experience with predictive analytics from a beginning-to-end perspective
Superior knowledge of property and casualty insurance.
Superior knowledge of the technical aspects of actuarial methods, tools and techniques.
Knowledge, insight, and understanding of business concepts and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
Working knowledge of Microsoft Office, Microsoft SQL, and Modeling Tools (e.g. SPSS or Emblem)
Superior written and verbal communication skills.
Strong technology skills including predictive modeling and data organization.
Ability to translate the business needs into a usable report for the client
Strong consultative skills to guide and work with clients.
Strong leadership ability; able to work with a group to support its objectives and agenda, generate allegiance to those objectives, and guide and motivate achievement.
Licenses & Professional Coursework (minimum required)
Additional Salary Information: Commensurate with experience
At Tokio Marine North American Services, we provide professional support services to the Tokio Marine Group of companies in the United States, including Tokio Marine America Inc., the First Insurance Company of Hawaii, and the Philadelphia Insurance Companies. Among our professional service offerings are actuarial, financial, audit, payroll, human resources, legal, information technology, investme...nt expertise and Corporate Communications. At TMNAS, customer service is our focus and our passion! At TMNAS, we strive to add value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals.