Be ready to: • Master policy rerating tools and use them to produce estimated quotes for BOP and other small business commercial lines • Gain knowledge of internal and external data sources relevant to rating insurance policies and understand the contents and limitations of each • Recommend approaches to estimating policy characteristics in the absence of verified policy data • Explore new data sources as they become available and document the contents and limitations of each • Communicate with business partners about their needs and expectations
Be equipped with:
Qualified candidates will possess many, but not necessarily all, of the following: • At least three years of property/casualty actuarial experience • Proficiency with Microsoft® Excel • Ability to work with, understand, and apply various kinds of insurance data, including from vendor solutions • Ability to evaluate data quality • Thorough understanding of insurance concepts and P/C insurance products, including the rating of commercial lines products • Actuarial core pricing experience • Underwriting experience • Estimation of liabilities experience • ACAS or FCAS designation, or commitment to attaining the FCAS designation • Excellent documentation standards and communication skills • Open to learning how to build predictive models using VBA, SQL, and SAS, Python or R
You've earned: • Bachelor's degree in statistics, mathematics, economics, actuarial science, or other related fields