The Actuarial Consultant’s responsibilities will include, but not be limited to, rate making and reserving projects for nearly all personal and commercial lines of business. These could consist of rate level indications, class plan analyses, benchmarking analyses, rate/rule/form filings in all states, reserve analyses, self-insured retention analyses, modeling, funding studies, etc.
The Actuarial Consultant will work closely with a supervising Senior Consulting Actuary and other practice areas such as Product Design and Regulatory Compliance. In addition, it is expected that the Actuarial Consultant will communicate and work directly with clients, with supervision. The Actuarial Consultant will also be responsible for meeting a monthly billing target.
Eligible candidates must exhibit the following characteristics:
1 to 3 years working in the Property/Casualty industry
General understanding standard actuarial terms such as loss ratio, ultimate losses, written premium, earned premium, on-level earned premium, frequency, severity, loss cost, etc…
General understanding of standard industry coverage types such as Bodily Injury, Property Damage, Personal Injury Protection, Uninsured Motorist, Comprehensive, Collision, etc…
Excellent Microsoft Excel, Word and Access skills.
Ability to think creatively/imaginatively
Excellent written and oral communication skills
The following characteristics are preferred, but not required:
Visual Basic (macro) skills
Additional Salary Information: Performance based bonus.
Founded in 1994, Perr&Knight provides insurance consulting and software solutions to the property & casualty and accident & health industries. Services include actuarial consulting, product development, insurance policy and forms consulting, regulatory compliance, state filings, licensing, technology consulting, statistical reporting, data services, and predictive analytics. Software includes StateFilings.com, a leading cloud-based state filings management solution. With offices in Santa Monica, Boca Raton, the New York Metro Area, Fort Worth, and Cincinnati, and more than 100 insurance professionals, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.
Among the firm’s 100+ professionals are more than 20 Fellows and Associates of the Casualty Actuarial Society and members of the American Academy of Actuaries. Perr&Knight offers a comprehensive actuarial education program for employees pursuing their actuarial credentials and supports the continuing education of our credentialed actuaries. All of our actuarial positions are bonus eligible. Perr&Knight offers flexible working arrangements including full-time and part-time telecommuting and expanded office hours.