Everspan is looking for an actuarial analyst to help advance the pricing of existing P&C programs across a variety of market segments. In this role, you will support the group's profit, growth, and operational objectives by performing actuarial analyses for these growing programs, as well as analyzing and performing diligence on potential new programs.
You will be responsible for traditional actuarial rate making analysis, including rate indications and new product pricing, while also creating unique solutions to help enhance sophistication of pricing and related processes. This position will expose you to all segments of the insurance world, and you will interface regularly with claims, underwriting, reinsurers, regulatory/compliance, accounting, and distribution. Communication skills are critical, as you will be delivering results both internally and externally.
This is an exciting opportunity for an actuary who enjoys working with non-actuaries on a variety of projects across multiple lines of business.
Primary Duties/Responsibilities:
Directly support program analysis as needed for program managers.
Ownership of pricing models in addition to other auxiliary tools.
Contribute to quarterly program reviews.
Provide insights necessary to support the effective use of rating models & areas of opportunity.
Directly support pricing requirements for new products and coverages, including rate filings (we review and support, but do not build/create actual filings or make the filings ourselves)
Collaborate cross-functionally to achieve business objectives.
Support product ratemaking and underwriting with data driven analytics.
Develop and revises strategic and tactical plans as necessary to meet program objectives and respond to environmental changes.
Identifies data requirements for analysis, tool development, reporting and decision making.
Education, Experience, and Other Qualifications:
Bachelor's degree required.
Minimum 3-5 years relevant experience required, pricing or indication experience preferred.
Written and verbal communication skills, including the ability to effectively express technical actuarial and statistical concepts to non-technical individuals
Passing grades on a minimum of 4 Casualty Actuarial Exams is required
Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
Advanced decision making, problem solving and analytical skills
Expands/maintains Actuarial professional knowledge through society (CAS/AAA) publications and meetings/conferences