What are the responsibilities and job description for the Actuary Director position at First Acceptance Corporation?
Key Function : Actuarial Lead
- Builds and maintains actuarial databases
- Develops products, rates, rating plans, pricing strategies, and financial forecasts to achieve company-wide objectives for profitability and growth
- Models and analyzes product profitability and associated risks
- Analyzes and presents findings of pricing to help drive business
- Analyzes trends, factors, and / or issues that impact results; determines action plans
- Forecasts business expenses
- Assesses and communicates change(s) in indications on a quarterly basis and the drivers of the change(s)
- Selects loss development patterns for each product
- Works with Product Management, Accounting, and / or other units of the company as needed
- Applies expert knowledge to improve processes
- Assists with all aspects of predictive modeling to include scope, data construction, modeling, and implementation
- Assists with the reserve analysis
- Provides recommendations to Senior Management that have impact upon the profitability of the organization
Key Function : People / Leadership Management
Desired Qualifications
As a Team Member at First Acceptance Insurance Company, you will be part of a growing organization that continues to evolve and positively impacts the lives of our team members and customers.
We are looking for team members that engage - who take responsibility for themselves and take care of their customers and colleagues. Ideal candidates can compose themselves under pressure, have a "make It right" mindset, and focus their energies on solving problems. This means you'll be supported by a team with all these qualities, too. If this sounds like the kind of team you'd like to join, we want to hear from you!
First Acceptance Insurance Company offers a full line of benefits including : Health Insurance, Dental, Vision, Paid Vacation, Disability Insurance and Employer Matching 401(k) Program.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants are considered for position and are evaluated without regard to mental or physical disability, race, religion, sexual orientation, color, gender, national origin, age, marital status, military or veteran status or any other protected local, state or federal status unrelated to the performance of the work involved.
