What are the responsibilities and job description for the P/C Actuarial Analyst position at Emerson Howell Nagel & Associates?
LOCATION
Bloomington, ILTYPE
Direct Hire
ID
824P/C Actuarial Analyst
Bloomington, IL (3 days/week onsite)
Ref#824
Bloomington, IL (3 days/week onsite)
Ref#824
An insurance and financial services firm is seeking a P/C Actuarial Analyst to work on their Personal Lines product.
Responsibilities include:
- Provide pricing/product development including developing actuarial formulas, determining rating and pricing structures and premiums, and the origination and evaluation of rate structures for new product ideas.
- Consult on actuarial models and risk issues, and influence management towards courses of action that have sizeable impact on products, markets, underwriting, pricing, risk management, carried reserves and profitability.
- May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad, large and complex initiatives.
- Support research in the development of actuarial techniques, standards, and assumptions, and in the legal and regulatory environment.
- Support Product Line and State Managers in determining the product line's premium rates and pricing structures, profit forecasts, and other product line actuarial determinations.
- Research and analyze various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; implement new rates and rating plans.
- Analyze data to develop and propose solutions for actuarial or product line management.
- Serve as Property/Casualty Actuarial representative for project committees as assigned.
Qualifications include:
- Associate of the Casualty Actuarial Society (ACAS), at least 3-5 exams completed.
- 3-8 years of Property/Casualty experience.
Compensation commensurate with experience, base salary target $88K-$130K depending on experience, with 6% annual bonus and great benefits. Must be authorized to work in the U.S. (citizen or permanent resident).
Third party candidates will not be considered for this position. Applicants are considered for positions without regard to race, religion, gender, native origin, age, disability, or any other category protected by applicable federal, state, or local laws.
Salary : $88,000 - $130,000