ProAg, a member of the Tokio Marine HCC group of companies, has an exciting opportunity for an Associate Actuary Supervisor in it's Maple Grove, MN office.
This position is responsible for assisting the various underwriting and analytical functions of TMHCC’s Agriculture business unit, ProAg. The incumbent performs a variety of complicated tasks that require in-depth knowledge and experience in stochastic modeling, statistical methods, and risk analysis.
Leads the actuarial functions of the Agriculture business unit, including establishing pricing methodologies, basic premium structure, and experience rating formulas for private products.
Responsible for ensuring that the actuarial function interacts effectively with all other parts of the business unit including underwriting, reinsurance, finance, and IT.
Provide financial input regarding pricing, loss ratios, and expenses in connection with budget projections for future operating periods.
Liaises between TMHCC’s corporate actuarial team and business unit underwriting and reinsurance functions to:
Maximize the value of corporately-provided decision support
Increase/aid the Agriculture-specific business knowledge within TMHCC’s corporate actuarial group.
Position Knowledge, Skills, and Requirements:
Bachelor’s degree in Mathematics, Statistics, Finance, Actuarial Science or a related field or the equivalent education and/or experience
Near Associate (ACAS) or newly designated as a Fellow of the Casualty Actuarial Society (FCAS), Fellow of the Institute of Actuaries (FIA) or similar
A minimum of four years of actuarial work experience
Proven, relevant and progressive experience in property/casualty insurance industry
Possess and have ability to apply advanced knowledge of principles, practices, and procedures
Excellent written and verbal communications skills
Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
Advanced proficiency and experience using Microsoft Office Package (Excel, Access, PowerPoint, Word)
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies is an equal-opportunity employer. Please visit www.tmhcc.com for more information about our companies.
Internal Number: 2646
About Tokio Marine HCC
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Tokio Marine HCC products and capabilities set the standard for the industry, and many of the Company’s almost 2,500 employees are industry-leading experts. Each of Tokio Marine HCC's highly entrepreneurial businesses is equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.
Tokio Marine HCC has achieved an outstanding record of growth and profitability, since its founding in 1974, through creative but careful underwriting, strong risk management practices, opportunistic expansion of existing lines of business and targeted acquisitions. Tokio Marine HCC is well capitalized and positioned to continue its success.