The Senior Actuarial Consultant’s responsibilities will include, but not be limited to, rate making and reserving projects for personal and commercial lines of business. These could consist of rate level indications, class plan analyses, benchmarking analyses, rate/rule/form filings, reserve analyses, self-insured retention analyses, modeling, funding studies, etc.
The Senior Actuarial Consultant will work closely with a supervising Consulting Actuary and our other practice areas such as Product Design and State Filings. In addition, it is expected that the Senior Actuarial Consultant will communicate and work directly with clients. The Senior Actuarial Consultant will be responsible for meeting a monthly billing target.
Typical Activities Include:
Reviewing data received from clients for reasonability
Identifying and communicating anomalies in data and results of analyses
Corresponding directly with the client in working through data issues and investigating unusual results in experience
Converting competitor base rates to common deductible/limit/class
Drafting manual pages for new programs and creating state exception pages to address compliance issues
Preparing support for rate/rule filings, including drafting explanatory language
Compiling data requests for reserve reviews/rate adequacy analyses/rate revision filings
Working directly with state filings analysts
Drafting rate/rule interrogatory responses
Accessing/reviewing rate related laws and regulations
Recommending solutions and/or alternatives to Consulting Actuaries
Eligible candidates must exhibit the following characteristics:
3 to 5 years experience working as an actuary in the Property/Casualty industry
4 to 6 Actuarial Exams
Excellent Microsoft Excel, Word and Access skills (Visual Basic (macros) is a plus, but not required)
Strong quantitative skills
Ability to think creatively/imaginatively
Excellent written and oral communication skills
Ability to manage multiple priorities/projects with deadlines
Ability to work independently
The following characteristics are preferred, but not required:
Experience in ratemaking for personal and/or commercial lines
Telecommuting is allowed.
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.