Associate Actuary driving complex client projects, providing vital analytical support in actuarial consulting for Milliman, serving various risk and financial sectors.
About the role
- Actuary at State Volunteer Mutual Insurance Company responsible for pricing analyses and actuarial support. Collaborates with internal teams, utilizing innovative methods within a collaborative environment.
Responsibilities
- Utilize actuarial methods and innovative approaches to perform analyses that assist in pricing new and existing accounts
- Oversee the monitoring and reporting on overall rate adequacy
- Provide actuarially sound pricing indications for large accounts
- Provide actuarial support in the development of new products and services
- Calculate actuarially sound overall rate indications as well as indications by rating variables
- Provide actuarial and statistical analyses for claim and premium trends
- Analyze profitability by segment and propose pricing changes by rating variable
- Determine uses for predictive analytics within pricing and risk modeling
- May direct the work of lower-level analysts
- Collaborate with internal stakeholders such as Underwriting, Accounting, and Claims to support their needs for pricing, mining of data, and reporting
- Meet or exceed supervisor’s expectations for productivity, quality, continuous improvement, and goal accomplishment
- Complete special projects and other duties assigned
Requirements
- Bachelor’s Degree (B.A., B.S.) preferably in a quantitative field such as mathematics, statistics, economics, or actuarial science, or equivalent combination of education and specialized training
- Fellow of the Casualty Actuarial Society (FCAS) with 3+ years of related experience -OR- Associate of the Casualty Actuarial Society (ACAS) with 4+ years of related experience -OR- Pre-ACAS (exam 5 must be complete) with 7+ years of related experience
- Proficient with Microsoft Outlook, PowerPoint, and Word
- Advanced knowledge of data processing abilities, using tools such as Microsoft Excel, Power BI, VBA, and Microsoft SQL
Benefits
- Relocation assistance available
- Health insurance
- Professional development opportunities
- Remote work options as business needs dictate
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