NCCI is seeking a credentialed actuary who can play a prominent role in our Actuarial Research program. This is a rewarding opportunity for a highly motivated person who wants to conduct innovative and challenging research in a professionally demanding yet collegial environment.
NCCI has the unique advantage of owning the nation's largest database of workers compensation information. This individual must enjoy the challenge of applying advanced mathematical theory to complete meaningful research and develop modern solutions in the workers compensation insurance industry.
The ideal candidate will be proficient in advanced concepts of actuarial science. Reinsurance pricing or research experience will be particularly valuable. Such an individual would have the proven ability to be creative and extract new insights from a rich volume of data sources.
Relevant work experience should be in research, preferably to include the following:
Experience with advanced statistical analysis and its application in insurance
Demonstrated innovative application of quantitative techniques and technology to enhance core business processes
Experience working in a cross functional and collaborative environment
WHAT YOU WILL DO IN THIS POSITION:
Perform and manage a variety of advanced research projects–sometimes simultaneously.
Primary projects will include the enhancement of current actuarial techniques and the development and vetting of the next generation of actuarial methodologies
Participate in the development and training of staff and provide direction and assistance on an ongoing basis to ensure group has knowledge and technical experience
Produce high quality work by adhering to established guidelines. This includes ensuring the creation of appropriate documentation and coordination of peer review efforts
Clearly present results of sophisticated analyses to technical and non-technical audiences
WHAT YOU MUST BRING TO THE ROLE:
Minimum of ACAS
A Bachelor’s degree and a minimum of six (6) years of actuarial experience, including project leadership of complex technical projects often comprised of multiple team members
Excellent communication skills, both written and verbal, of technical material
Creative, innovative, and strategic thinking
Ability to develop the technical and analytical skills of team members
Ability to peer review the technical work of others
Ability to represent the company to external audiences
WHAT WOULD MAKE YOU A MORE VIABLE CANDIDATE:
Familiarity with workers compensation or NCCI methodologies
Advanced knowledge of actuarial data sources and analytical tools
Familiarity with the development of advanced actuarial ratemaking programs
Three (3) years of relevant experience in one or more of the following areas is a plus:
Large accounts pricing
Experience rating plans
Retrospective rating plans
Working with loss models involving aggregate distributions
About NCCI - National Council on Compensation Insurance
Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system. In support of this mission, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations. These activities—combined with a comprehensive set of tools and services—make NCCI the source you trust for workers compensation information.