What are the responsibilities and job description for the Assistant Actuary, Commercial Strategic Programs (P&C) position at Homesite Insurance Company?
Homesite Underwriting Managers (HUM), the Programs Division of Homesite Insurance, is seeking a strong individual contributor with an extensive background in pricing various Commercial Lines for an Assistant Actuary role. The successful candidate will be a self-starter comfortable with ambiguity, with strong attention to detail, an ability to work in a fast-paced, high-energy and ever-changing environment. The candidate must have the drive to help build out a start-up organization. This position will report directly to the HUM Chief Actuary.
Primary Roles and Responsibilities:
- Program Pricing and Management: Work closely with Chief Actuary and other HUM colleagues to evaluate new opportunities and manage existing Program business.
- Complete entry and maintenance rate filings as needed
- Develop annual rate review process to ensure Programs are priced appropriately
- Work closely with underwriters to understand what actions can be taken to improve performance of individual Programs
- May assist in completion of quarterly reserving analyses and plan forecasting
- Develop and maintain effective management reporting tools and dashboards
- Functional Expertise: Bring a high level of expertise in insurance content matters that cuts across Commercial insurance products
Requirements
- Relevant Experience: A minimum of 5 years of professional experience in the Property & Casualty Insurance industry. Experience in other actuarial specialties, such as reserving, is a plus
- Exams: Associate in the Casualty Actuarial Society (ACAS) is preferred
- Entrepreneurial Mindset: A self-starter who can identify business opportunities, develop a product plan to capitalize on those opportunities, and successfully implement the plan
- Structured & Logical Thinking: The ability to identify and define business problems and issues, and develop strategic, analytical, and financial frameworks to conduct analyses
- Analytical Rigor: Proven capability conducting and managing quantitative analyses.
- Powerful Communication: The ability to communicate effectively and succinctly across a variety of media at all levels of the company
- Teamwork and Adaptability: The ability to be flexible and work as part of a team in ever-changing start-up environment
- Software Knowledge: Knowledge of SQL, SAS, Tableau, and/or other programming/data query/reporting tools, in addition, intermediate to advanced skills in Microsoft Excel is required. Experience with geospatial application a plus.
Personal Qualifications:
The candidate selected for this position will be a creative, out-of-the-box thinker who is intellectually curious with a demonstrated interest in learning. This person will also need to be a self-motivated, high-energy individual who can easily function in a fast-paced, performance-driven environment. He/she must be accustomed to working on multiple tasks in parallel and committed to meeting deadlines, including some with short time frames. This professional must be able to gain credibility with and influence team members and management.
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When you work at Homesite you can expect benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, and a paid-time off program. In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns at Homesite are eligible for the paid time off program. Contingent workers are not eligible for American Family Enterprise benefits.
