Details
Posted: 06-Jul-22
Location: Juno Beach, Florida
Type: Full Time
This integral role will help drive the pricing function for a wide range of Excess and Surplus Lines products:
- Serve as a key actuarial contact for the E&S underwriting team for pricing and product development support
- Lead pricing-related projects and initiatives for a variety of property, professional lines, and specialty lines products
- Evaluate new program and reinsurance opportunities, including the selection and documentation of loss picks, trend factors, development patterns, and other relevant metrics
- Integrate pricing assumptions with the reserving and ERM functions
- Monitor results and work closely with leadership to manage and steer the business
- Perform other job-related duties as assigned in support of the overall actuarial and risk management functions
In addition to the requirements listed below, the ideal candidate will also have the following:
- Proficient computer skills in MS Office Suite
- Excellent communication and presentation skills; proven ability to adapt in a growing and evolving work environment
- Ability to work independently, multitask, stay organized, and enjoy fostering collaborative relationships
Job Overview:
This highly visible role is a critical component of the actuarial functions of a P&C insurance company. This role will have significant input in the development of actuarial models and will play a lead in various actuarial projects. This role is designed for the credentialed actuary willing to make an impact in an evolving insurance company.
Job Duties & Responsibilities:
- Makes key contributions in the development and implementation of various actuarial models
- Understands, discusses, and applies existing and new actuarial concepts and techniques to analyze data in support of actuarial functions
- Assists management in steering the business by providing actuarial support for high-level projects
- Coordinates with other members of the actuarial team to keep management and other team members informed of relevant, ongoing changes in the market and emerging trends (e.g., Covid-19 claims, an influx of capital into the market, aggregate industry results, competitor results, regulatory changes, etc.)
- Collaborates with underwriters, catastrophe modelers, and finance to support company initiatives
- Keeps up to date on professional continuing education requirements by attending industry webinars, Casualty Actuarial Society events, and other relevant seminars
- Degree in Mathematics, Actuarial Science, or similar field
- Credentialed P&C actuary – a member of the Casualty Actuarial Society, American Academy of Actuaries, or similar designation
- 5+ years of P&C actuarial experience
