Are you looking for a position that offers advancement opportunities, great benefits and recognition for a job well done? Join MAPFRE Insurance!
MAPFRE Insurance is a forward thinking insurance company offering friendly service from over 2,000 professionals focused on taking care of you and your family. For decades, MAPFRE Insurance has been protecting families and their possessions with quality insurance coverage and a strong commitment to service excellence.
Actuarial Analyst Sr
Experience with building and maintaining both SAS and Microsoft Excel raters. Personal Lines experience strongly preferred
Develops actuarial pricing and/or reserving analyses, in accordance with CAS (Casualty Actuarial Society) principles, to produce indicated overall rate level changes and/or loss and loss adjustment expense reserve levels. Provides actuarial input to other product pricing analyses, such as class plans, territories, new coverages and endorsements, etc. Works with the MAPFRE Insurance Product Management department, as needed, to develop competitor analyses and to quantify the impact of proposed pricing changes on insureds. Provides other support to the actuary as needed.
Education: Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent, related experience.
Experience: 8 or more years - or Bachelor's Degree equivalent plus 10 or more years.
Knowledge: Complete understanding and knowledge of industry practices, standards, and concepts within field of work. Applies them to perform or lead work requiring extensive analytical business skills.
Decision Making: Makes complex decisions interpreting company policy, for which there is no set procedure. Decisions influence success for projects of significant impact importance, client relationships, expenses and or ability to meet organizational objectives.
Supervision Received: Work is performed without appreciable direction. Exercises considerable latitude in determining objectives and approaches to assignment.
Leadership: Provides guidance and training to less experienced staff as needed. Takes a lead role in group, team or project.
Problem Solving /Operations/Direct Work Involvement: Develops solutions to complex problems which require the regular use of innovation. Ensures that solutions are effective in meeting organizational objectives. Questions problem definition to address underlying issues.
Client Contacts: Manages internal and external relationships. Represents organization as prime contact for projects and other necessary communications. Interaction may include senior internal and external personnel on significant matters often requiring complex coordination between organizations. Communication involves persuasion and negotiation, as applicable. Seeks ways of improving client service.
Develop and implement actuarial analyses to support the preparation of rate indications for MAPFRE Insurance. Thorough knowledge of Microsoft Office software is essential to perform analyses. Thorough knowledge of actuarial principles and advanced ability to develop varied actuarial analyses on an independent basis, as well as provide rate filing support as needed with minimal direction from the Actuary.
MAPFRE is committed to recognizing our employees as our most valuable resource. We know our employees are the foundation for our accomplishments. That’s why we offer so many opportunities to share in the success they help us achieve.
Internal Number: 2431
About MAPFRE Insurance
We are a leading property and casualty insurer committed to recognizing our employees as our most valuable resource. We are focused on attracting, developing, engaging and retaining quality employees to ensure mutual success. We offer competitive wages and benefits including: Health, Dental, PTO, Holidays, 401(k), Profit Sharing, STD/LTD, Tuition Reimbursement, Flexible work schedules and a Casual attire environment.