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Sr. Actuarial Analyst in Clearwater, FL at Heritage Insurance

Date Posted: 3/21/2019

Job Snapshot

Job Description

Position Summary:

 

The Sr. Actuarial Analyst is primarily responsible for the pricing 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.
  • Three+ actuarial exams completed (Exam 5 preferred)
  • Three+ years of technical experience in P&C insurance focusing on actuarial disciplines such as pricing, reserving, reinsurance, and predictive modeling
  • 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.