Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition
Job Purpose:
This position is a mid-level actuarial position on the P&C Program Pricing Team with significant independence to perform analysis and develop solutions to actuarial issues with limited direction. The primary purpose is to help drive desired business outcomes for MGA programs through conducting analysis and communicating recommendations based on the analysis. The position may also drive the design and implementation of new processes or enhancements of the existing process to improve efficiency. The position requires the ability to communicate complex analysis and conclusions to business leaders to drive appropriate business decisions to meet company objectives.
Job Responsibilities:
- Identify potential opportunities and recommend solutions using data analysis and understanding of the business
- Conducts analysis by qualitatively and/or quantitatively analyzing data and information, including exploratory data analysis, graphing, forecasting, and modeling, to identify trends and deviations
- Develops and maintains pricing models and tools for various P&C insurance products offered by MGA programs. Incorporates data-driven methodologies and statistical techniques
- Performs profitability analysis and rate adequacy reviews for existing and new MGA programs. Identifies areas of improvement and strategies to enhance profitability
- Assesses the risk profiles of various insurance coverages offered by MGA programs. Utilizes actuarial models to quantify the potential impact of different risk factors including catastrophic and tail risk exposure.
- Monitors and reports on key performance indicators and emerging trends
- Provides effective interaction with leadership of Underwriting, Product, Finance, IT, Claims and other units as required by projects
The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.
Job Requirements:
- Bachelor's degree in actuarial science, statistics, mathematics or a related field or equivalent professional related work experience
- Four-plus years of experience in actuarial setting with progressive responsibilities
- Broad knowledge of insurance operations and products
- Ability to communicate technical concepts to non-technical audiences
- Collaborate inclusively with other functional areas as required
- Ability to produce accurate and timely results
- Strong organization and time management skills
- Ability to handle multiple priorities and meet deadlines
- Ability to work independently or as part of a team
- Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals
Preferred Qualifications
- ACAS Level or equivalent
#LI-LT
#LI-Remote
If you're ready to help make a difference, apply today. Please provide your Work Experience and Education or attach a copy of your resume. Applications received without this information may be removed from consideration.
Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.
Base Salary Range:
$106,000.00 - $159,000.00
At TruStageTM, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when "life happens," you can focus on what's most important.
Accommodation request
TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.