The Assistant Actuary will perform the primary functions involving workers’ compensation program research and development, data mining, and other pertinent processes that are the responsibilities of the Actuarial Division.  The Assistant Actuary will also help foster the direction of the Actuarial Division’s analytical needs.

JOB RESPONSIBILITIES:

 Research and development of experience rating, premium discount, deductible, schedule rating, and/or other pricing considerations.

1. Provide technical advice on the effect of pending legislation pertaining to workers’ compensation rates.
2. Perform research projects on an ongoing basis.
3. Perform peer review of actuarial research and reports, as needed.
4. Assist with classification ratemaking specifically related to the development of industry group relativities, pure premiums, and credibility.
5. Prepare memoranda and present items at Actuarial and Governing Committee meetings.
6. Use SAS, Excel, and other programming tools to complement the relevant actuarial tasks. 
7. Maintain detailed records of all calculations in accordance with established standards.
8. Answer inquiries both verbally and in writing concerning actuarial matters.
9. Perform other duties as directed by the Director and/or Chief Actuary.
10. Promote quality and timeliness of work.
11. The responsibilities associated with this job may change in accordance with business needs.  The employee may be required to perform additional and/or different responsibilities from those set forth above.