$110,000–$150,000 Per Year
Actuarial Skills, Analysis Skills, Category Management, Data Analysis, Economic Modeling, Insurance, Procedure Development, Project Estimates, Property and Casualty Insurance, Research Skills, Strategic Planning
Position Overview: This role focuses on researching and analyzing various types of data to develop solutions for actuarial and product line management. The individual will use existing procedures and recommend changes where appropriate to produce rate adjustment proposals, reserve estimates, or economic capital models. Additionally, they will provide actuarial support for state insurance department filings, assist in implementing new rates and rating plans, and research data for special projects within a defined scope. The position also includes serving as the Property/Casualty Actuarial representative on assigned project committees.
Key Responsibilities:
- Research and analyze data to produce rate adjustment proposals, reserve estimates, or economic capital models.
- Provide actuarial support for filings with state insurance departments.
- Implement new rates and rating plans, utilizing existing procedures and recommending improvements where appropriate.
- Analyze data to develop and propose strategic solutions for actuarial or product line management.
- Conduct data research and analysis for special, defined-scope projects.
- Serve as the Property/Casualty Actuarial representative on assigned project committees.
- Actively pursue a Casualty Actuarial Society designation (at least through the ACAS level) and maintain appropriate Continuing Education credits to preserve actuarial credentials.
Qualifications & Requirements:
- Experience: A minimum of 5+ years of relevant experience, or an equivalent combination of related experience, education, and training.
- Industry Knowledge: Experience in the Property/Casualty Insurance industry is required.
- Credentials: Most senior-level candidates/incumbents have completed the coursework to attain their ACAS credential and are currently working towards fulfilling their FCAS requirements.
Preferred Skills:
- Preference will be given to candidates with prior Auto and Home pricing experience, though applicants with other property/casualty backgrounds will be fully considered.
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Macpower Digital Assets Edge Private Limited