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Actuarial Analyst in Clearwater, FL at Heritage Insurance

Date Posted: 3/21/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    3/21/2019

Job Description

Position Summary:

 

The Actuarial Analyst is primarily responsible for the pricing/reserving of the Company’s products.  The position also supports the estimation of ultimate loss and loss adjustment expenses for purposes of establishing appropriate reserves.

 

Responsibilities:

 

  • Develops rates, rating plans and pricing strategies using actuarial techniques and competitive analyses
  • Applies actuarial methods and principles to obtain rate indications, complete projects, analyze results and make recommendations
  • Proposes improvements in the accuracy and sophistication of pricing and forecasting models
  • Researches emerging trends, competitive conditions and operational changes
  • Assists with evaluating loss and loss adjustment expense reserve adequacy
  • Provides supporting materials for filings to secure regulatory approval of company rates
  • Uses the company’s data warehouse system and suggests changes as necessary
  • Reconciles data used in pricing and reserving models to Company financial data
  • Communicates results of analyses to various internal and external affiliates
  • Coordinates with underwriting, marketing, and systems staff to implement rates and products that support profitable growth
  • Documents files

Job Requirements

Qualifications:

 

  • Bachelor’s degree required; preferably in the areas of actuarial science, mathematics, or statistics.
  • One to two actuarial exams completed preferable.
  • One to two years of technical experience in P&C insurance focusing on actuarial disciplines such as pricing, reserving, reinsurance, and predictive modeling preferable.
  • Possess excellent communication skills and is technically sound with an ability to solve complex actuarial problems
  • Experience in/with: Using macros and other advanced spreadsheet applications (i.e. Excel) as well as other software applications (i.e. Microsoft Office)
  • General understanding of predictive modeling concepts
  • Ability to work independently in a fast paced environment; and manages changing priorities effectively.
  • Detail-oriented and exceptionally organized.
  • Collaborative partner; ability to contribute to a positive work environment.