*Reposting due to updated qualifications regarding exams
Conducts complex actuarial reviews for P/C lines of business. Collects and analyzes data, develops and presents proposals, compiles state insurance department filings and coordinates the implementation of actuarial changes with other areas of the company.
Candidates may also be considered for Actuarial Analyst II and/or Associate Actuary based on qualifications.
Duties and Responsibilities
Conducts complex actuarial analyses, prepares in-depth studies, recommendations, state insurance department filings and manual pages, and updates system tables as required. Recommends innovations to improve current methodologies.
Acts as a project coordinator for actuarial data processes. Works with other areas of the company as necessary.
Creates exhibits, reports, maps and charts for actuarial and reserve studies, state insurance department filings and rate recommendations. Analyzes ERIE's financial data and industry statistical information and prepares periodic updates for management, using appropriate presentation format.
Develops and maintains automated procedures to improve work flow and productivity.
Rates, analyzes and responds to inquiries related to premiums and online assistance and provides actuarial assistance to ERIE Agents, branch managers, district sales managers and other divisions and departments throughout ERIE. Completes rate surveys for state insurance departments and research organizations.
Applies a strong working knowledge of actuarial procedures used by ERIE, competitors and governmental bodies.
Presents actuarial information to management and communicates actuarial changes to other departments as required.
Trains less experienced staff regarding ERIE and industry practices, data sources, and job efficiencies.Â
Visits field offices and/or Agent meetings as required to present actuarial information.
Completes special projects as required.
Ability To Learn And Follow Procedures
Ability to Manage Complexity
Developing And Maintaining Relationships
Information Management Skills
Planning And Organizing
Bachelor's degree in mathematics or a related field required. Successful completion of preliminary (as defined in the actuarial exam program) or equivalent actuarial exams and demonstrated exam progress required. Two years of previous experience in pricing, reserving or a related actuarial field, including mastery of ratemaking, reserving, and actuarial techniques required. Ability to improve and enhance actuarial processes and procedures required. Proficiency in spreadsheet, database and related software required. Previous programming experience required.
Internal Number: 9241
About Erie Insurance
Erie Insurance is a Fortune 500 company committed to Employee development, professional excellence and career success. We view a diverse workforce as a competitive advantage, and are committed to attracting and retaining the best people we can find. We offer challenging work in an exceptional work environment, attractive salary and a comprehensive Total Rewards benefit package. Our Home Office is in Erie, Pa., and our 24 field offices employ approximately 5,000 people. ERIE’s territory includes 12 states and the District of Columbia.