Modeling Actuary (ACAS OR FCAS)

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Requirements:

• Demonstrated experience providing customer-driven solutions, support, or service.
• Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
• Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
• Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
• Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
• Solid knowledge and understanding of profitability, growth and risk concepts.
• Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
• Demonstrated experience, communicating complex actuarial analysis to business partners.
• Advanced knowledge of and demonstrated experience using actuarial software with database tools and statistical tools.
• Demonstrated experience with programming languages.
• Familiarity with version control for software development.
• Demonstrated effective communication and problem-solving skills.

Responsibilities:

• Leads development of pricing models for new products and rating structures.
• Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.
• Optimize model capabilities and collaborate with key stakeholders to ensure models are developed to deliver on a broad array of business needs.
• Gain a thorough understanding of existing models and lead future model enhancement efforts.
• Perform analysis of emerging experience, monitor marketplace and economic trends and review implications.
• Support development of a modeling framework.
• Builds and tests models and investigates areas for future improvement.
• Regularly communicate research findings and analysis to management.
• Effectively work with any number of other cross functional/operational areas (e.g. product development, state management, actuarial pricing, IT) on specific initiatives.
• Prepare state filing model support and assist on filing objections.
• Act as a mentor for less experienced actuaries/data scientists and interns.
• May perform other duties as assigned.