The TMNAS Actuarial Pricing Section works with internal and external customers to handle pricing needs for sister companies with market share over $3B countrywide. The pricing services include data development, a reporting platform for self-service pricing reports, exposure management, predictive analytics, rate maintenance, large account pricing, and product development.
The Sr. Actuarial Analyst/Actuarial Data Scientist needs to be able to work with internal and external customers to provide the information supporting business decisions. The position requires ability to learn data definitions and structures related to insurance operations and the ability to support a self-service reporting platform for clients. Knowledge of predictive analytics is also required as the company is establishing its predictive analytics services.
Gather and organize internal and external data into structures that can be used to support the reporting needs of the client sister companies
Use or create SQL sourced data extracts from source data systems
Provide support for Predictive Model development including work with external vendors, development of predictive models, validation of models, implementation of models, and maintenance of existing models
Work within a collaborative team environment
Design, develop, enhance, produce and interpret key property and casualty insurance reports for both internal and external distribution
Comply with proper internal controls as necessary to conduct job functions and carry out responsibilities and/or administrative activities
Successful completion of CAS actuarial exams or the CAS Institute’s Certified Specialist in Predictive Analytics exams within the guidelines set in the TMNAS Actuarial Student Program
Perform special projects and other duties as may be assigned
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
Understanding of quantitative tools, techniques, and statistical methods
Basic knowledge of approaches, tools, and techniques for recognizing, anticipating, and resolving actuarial, operational, or process problems
Ability to understand alternative solutions that resolve problems in the best interest of the business
Demonstrated initiative to seek out work
Strong drive to accomplish goals
Superior written and verbal communication skills
Technology skills including data organization
Superior analytical and reasoning skills with the capability to determine the root cause of actuarial-related problems
Strong attention to detail; ability to process actuarial-related information with high levels of accuracy
Ability to translate the business needs into usable reports for the client
Ability to work effectively as part of a team
Bachelor's degree with a concentration in actuarial science, math, finance, economics, computer science, or information science & technology
4+ years of property and casualty experience
Strong knowledge of SQL required
Strong knowledge of Microsoft Office, particularly with Microsoft Excel
Experience with other programming languages (e.g. R or Python) or experience with predictive modeling tools is required
Prior experience with building, validating, and implementing predictive models required
Additional Salary Information: Base salary + bonus potential. Full Benefits package.
About TMNA Services, LLC.
Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! TMNAS adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.