Description

Responsible for supporting and enhancing the rate review process; deriving and recommending appropriate changes to current pricing with consideration for all variables of the business.

Duties and Responsibilities include the following.  Other duties may be assigned. 

1. Retrieve, comprehend and manipulate data as it relates to assigned and related projects.
2. Verify data quality, data validity, and data completeness and recommend improvements to reduce uncertainty.
3. Provide support to actuaries and others by performing analysis within designated business segment(s).
4. Provide technical assistance and information to other business segments to assist business decision making, financial planning, and strategy development.
5. Assist in the preparation of actuarial research and complex reports; present findings and exhibits to peers and others.
6. Analyze and create efficient methods of creating financial exhibits.
7. Recognize potential issues/risks and performs research to determine estimated impact.
8. Identify and propose alternative analytic approaches.
9. Provide clear and concise communication of technical actuarial work to technical and non-technical audiences.
10. Conduct independent analysis and draws conclusions for assigned project and make recommendations. 
11. Maintain clear and concise documentation of methods and activities.
12. Initiates additional work or work priorities.
13. Actively pursues actuarial accreditation.  Maintains good standing in the actuarial student program.

Requirements

Qualifications:

• Advanced knowledge of data sources, tools, statistical principles and methodologies, and techniques and applications to conduct research.
• Excellent proficiency in Excel (VBA, macros, scripts, formulas, data visualization, etc.) and Access. Knowledge of other Microsoft programs a plus.
• Ability to analyze data and review moderately complex analyses from others.
• Must have strong planning, analytical, decision-making and communication skills. 
• Solid understanding of business to improve business outcomes.
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
• Ability to develop partnerships and collaborate with other business and functional areas.

Education/Experience:

• Bachelor’s Degree required – preferably in related field of study as actuarial science, math/applied math, statistics/applied statistics, or economics.
• Demonstrated success in an actuarial examination or internship at an insurance company or similar institution is a plus.