Actuarial Analyst III at Elevance Health performing diverse projects and complex actuarial studies. Collaborating with leadership on actuarial modeling and training of associates in a hybrid work environment.
About the role
- Actuarial professional supporting North America Property, developing pricing strategies and tools. Collaborating with underwriting and reserving actuaries to optimize team efficiency.
Responsibilities
- Work closely with the Chief Underwriting Office to develop pricing and underwriting strategies
- Review the parameters in the pricing systems, actively work to improve pricing systems, and monitor underwriter adherence to pricing procedures and methodologies
- Coordinate pricing, planning, and accumulation management efforts with cat modeling team to ensure adequate risk-adjusted returns
- Develop analytical tools to help underwriters assess risks posed by insureds
- Work closely with reserving actuaries to understand sources of reserve development
- Provide recommendations on rating methodologies, parameters and tools to improve accuracy of technical pricing
Requirements
- At least an Associate of the Casualty Actuarial Society (ACAS)
- At least 5 years of commercial lines actuarial experience, preferably with significant commercial property pricing experience
- Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management
- Willing and able to continuously learn and adapt in a dynamic and fast changing environment
- Solid understanding of catastrophe modeling fundamentals
- Timeliness and attention to detail.
Benefits
- Competitive benefits package focused on health, wellbeing, and financial security
- Professional development opportunities
- Bonus eligible in accordance with incentive plan
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