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Global Indemnity Group

Global Indemnity Group

Actuary - P&C Insurance Pricing

Actuary - P&C Insurance Pricing

Job Details
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Uploaded On
December 3, 2024
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Location
Bala Cynwyd, PA
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Remote?
No
Company Overview
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Headquarters
Bala Cynwyd, PA
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Number of Employees
353
Estimated Number of Actuaries
10
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
53%
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Overall Score
3.3 /5

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Description

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses – and we’re on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.

What GBLI offers you:

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • Paid Parental Leave
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, and Charitable Giving Committee

Essential Duties & Functions

  • Evaluation of new program opportunities, using information provided and various actuarial methodologies.
  • Collaborate with functional teams, such as Underwriting, Product Management, Finance, Claims to support profitability of existing business and expansion of product offerings.
  • Analysis of internal and industry/competitor data such as increased limit factors, loss trend, exposure trend, loss development factors, industry loss costs and various rating factors.
  • Design business insights tools and reports to monitor company initiatives.
  • Performing large account pricing for various products as needed.
  • Complete analysis for admitted products and support state filing work as needed.

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics or related field required.
  • 2+ years of professional property & casualty actuarial experience, pricing, rate making experience preferred
  • Active participant in CAS actuarial track with 2+ completed exams
  • Effective written and oral communication skills. Growing ability to interact professionally with all levels of management and other departments as well as make recommendations
  • Broader insurance business knowledge and expertise in multiple lines
  • Strong analytical skills with the ability to synthesize date from a number of sources
  • Ability to think critically to solve work related problems with creativity
  • Strong technical skills in Microsoft office and SQL preferred

Apply Now

Working at 

Global Indemnity Group

Global Indemnity Group, LLC is a leading provider of commercial and specialty insurance solutions, known for its innovative products, strong underwriting expertise, and customer-focused approach.

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