The Senior Actuarial Assistant conducts rate reviews, prepares data calls, assists in the preparation of quarterly and annual financial statements and assists with a variety of other special projects. This position is a more experienced and independent Actuarial Assistant able to handle more complex assignments. The Senior Actuarial Assistant will work with limited supervision and must be able to independently analyze trends and indications and propose projections.
Essential Duties and Responsibilities include:
Develop and analyze rate indications and loss development factors
Responsible for quarterly and annuals financial reporting including but not limited to Schedule P, Statutory Page 14 and Supplement A to Schedule T
Assists with data collection and analysis
Reviews (both technical and peer) work products from co-workers
Performs special projects as directed by management and other related duties as required
Performs class plan and territory analysis
Responds to statistical data calls and data requests from state insurance departments and other governmental or industry entities including interfacing with other departments (Claims, Underwriting, Legal) as required
Bachelor’s degree in mathematics or financial related field
A minimum of 4 years’ actuarial experience
Completion of two or more actuarial exams preferred
Working knowledge of the insurance industry
Superior written and verbal communication and problem-solving skills.
Must be proficient with Microsoft Office Suite including Access
What YOU want in healthcare professional liability, legal professional liability, or workers’ compensation insurance is ProAssurance’s focus. We work to ensure you are treated fairly while striving to make insurance simpler.
Whether you are:
•a healthcare system, hospital, facility, physician, or allied professional;
•a medical device manufacturer or life sciences compa...ny;
•an attorney or law firm; or
•a business looking for workers’ compensation coverage—
ProAssurance can help. We have decades of experience—and innovative solutions—to help you meet your coverage needs. Your policy comes with access to proven risk-reduction tools and experts, along with unmatched claims handling for today’s evolving liability environment.
Expect insurance made easier, with coverage through: ProAssurance Indemnity Company, Inc., ProAssurance Casualty Company, Podiatry Insurance Company of America (PICA), ProAssurance American Mutual, Medmarc Casualty Insurance Company, Eastern Alliance, and our Excess & Surplus Lines carriers, ProAssurance Specialty Insurance Company, Inc. and Noetic Specialty Insurance Company.
Strength You Can Count On
When you choose ProAssurance, your policy is backed by exceptional financial stability. ProAssurance Group (ProAssurance Indemnity Company, Inc., ProAssurance Casualty Company, ProAssurance Specialty Insurance Company, and ProAssurance American Mutual) is rated “A+” (Superior) by A.M. Best; other ProAssurance companies are rated “A” (Excellent) by A.M. Best. Our verified strength helps provide more control and less uncertainty.
ProAssurance Group has been recognized as a Ward’s 50® Top Performer (out of nearly 3,000 Property and Casualty insurance companies reviewed) every year since 2007. This acknowledgment highlights ProAssurance’s commitment to safety, consistency, and management excellence.
Local Staff and Expertise When You Need it Most
ProAssurance operates in 50 states and the District of Columbia, with over 900 employees in 24 offices. Our underwriters and claims staff have extensive local experience, including relationships with top-notch litigators. With ProAssurance, you can count on being heard.
Choose to be treated fairly.