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  • Associate Actuary, Compliance

    Job Locations US-NJ-Jersey City
    Job ID
    2018-1766
    # of Openings
    1
    Category
    Actuarial
  • Overview

    Partner with Actuarial Pricing, Compliance, Product Development and Business Unit teams to manage actuarial supporting functions of the rate filing process.

    Responsibilities

    • Assist various departments with state agency rate and rule filings
    • Prepare filing recommendations for Actuarial Pricing team and develop efficient filing strategies for project rollouts
    • Coordinate and assist in the response to state rate filing objections and help negotiate approvals
    • Monitor and initiate ISO/NCCI filings for bureau rate and rule adoptions, including rate impact analysis
    • Review and interpret property and casualty insurance regulations, bulletins and publications to help determine rate impact and compliance risks on business divisions
    • Review actuarial assumptions and calculations relative to statewide indications, territorial indications and rating factor proposals
    • Perform competitive analysis in support of rate filings
    • Act as liaison to Statistical Reporting for data calls and inquiries that are actuarial in nature

    Qualifications

    Education & Experience:

    • The candidate must have a Bachelor’s degree – preferably in a related field (i.e., Mathematics, Computer Science, Actuarial Science)
    • At least 5 years of casualty actuarial work experience is necessary. Primary pricing experience in admitted lines of business is strongly preferred
    • The candidate should be an ACAS or near-ACAS

     Key Competencies:

    • Highly effective written and verbal communication skills
    • Detail oriented with excellent time management and organizational skills
    • Builds trusting relationships and works effectively with underwriters

      Technical Skills:

    • Proficiency with Microsoft Office products
    • Working knowledge of database tools and languages, e.g. Microsoft Access, Cognos, SQL
    • Proficiency with SERFF, iFile, researching the internet

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