Actuarial Analyst IV, Casualty

Job Summary:

In addition to the responsibilities listed below, this senior individual contributor role is also responsible for analyzing the likelihood of financial risk to the organization; producing actuarial data and reports; producing actuarial models and analyses; and analyzing and assessing financial risk and opportunity.

This includes performing both internal and external reserve analyses across multiple property/casualty insurance lines; supporting data engineering, programming, and automation efforts across multiple claims data sources; producing analytics to support management of KPs commercial insurance programs; producing financial forecasts and expense allocations to support captive pricing and insurance program budgets; producing documentation and reporting to support internal (i.e., SOX) and external audit compliance; supporting capital modeling projects for KPs captive insurers; and supporting benchmarking and claims analytics efforts..

Essential Responsibilities:

• Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers; building relationships with cross-functional stakeholders; influencing others through technical explanations and examples; adapting to competing demands and new responsibilities; listening and responding to, seeking, and addressing performance feedback; providing feedback to others; creating and executing plans to capitalize on strengths and develop weaknesses; supporting team collaboration; and adapting to and learning from change, difficulties, and feedback.
• Completes work assignments and supports business-specific projects by applying expertise in subject area; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; coordinating resources to accomplish priorities and deadlines; collaborating cross-functionally to make effective business decisions; solving complex problems; escalating high priority issues or risks as appropriate; and recognizing and capitalizing on improvement opportunities.
• Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
• Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation , cash flow analysis; and analyzing and interpreting product line performance, risk, and assumptions used in product development.
• Utilizes actuarial research by implementing non-complex developments standards, assumptions, and the legal and regulatory environment.
• Assesses, analyzes and interprets financial risks and opportunities by applying advanced actuarial methods; and conducting actuarial analyses.
• Collaborates with business partners by translating mathematical constructs into actionable recommendations; and complying with the Actuarial Standards of Practice.
• Develops and designs advanced actuarial models; assists with the development of alternative assumptions and forecasts using in-house models or actuarial software; and validates the results.