What are the responsibilities and job description for the Actuarial Analyst (Remote opportunity) position at Norfolk & Dedham?
Responsibilities:
- Perform rate reviews by state and line of business, including rate indications, disruption analyses, and state filing exhibits
- Research competitor pricing and product changes, as well as competitor growth and profitability trends
- Develop up to date insurance products with sophisticated yet easy-to-use pricing for possible expansion into new states
- Investigate specific questions posed by management- e.g. how the mix of business is shifting in a given state, why a book of business is deteriorating, or how changes in case reserving are impacting results
- Support Actuarial team members with work relating to reserving and reinsurance pricing and renewals
- Document methodologies and findings for senior management in a manner understandable to a non-actuarial audience
- Keep current on industry and company developments
- Perform related work as required
Qualifications:
- Bachelor’s degree with 3-5 years of relevant experience
- Successful completion of at least 2 actuarial exams, preferred
- Experience with Excel, including VBA macros, is required
- Experience with SQL, R, and/or Python is a plus
- Strong background in mathematics and statistics
- General knowledge of business and finance
- Strong oral and written communication skills for both technical and non-technical audiences inside and outside the organization
- Strong interpersonal skills and the ability to work in a team environment as well as independently
- Strong analytical and problem-solving skills
- Ability to balance multiple projects
We offer a competitive total compensation package including medical, dental, vision & life insurance, pension and a 401(k) with match.
Our office headquarters is located in Dedham, MA at a brand-new state of the art facility, recently completed in June 2022. Our employees enjoy the use of a complimentary on-site café, fitness center and free parking
We have two office locations: Dedham, Massachusetts and Montpelier, Vermont. Depending on location there may be a fulltime remote opportunity.
The Norfolk & Dedham Group® is an Equal Opportunity Employer
Education
Preferred- Bachelors or better in Mathematics