Senior Actuarial Analyst

Company: EMPLOYERS
Location: Reno
Posted on: May 21, 2023

Job Description:

Location: Reno, NVJob_Code: 5857# of Openings: 1Job Brief Remote Opportunity! Senior Actuarial Analyst - 100% Remote Opportunity (Must live in the U.S) General Summary: The Senior Actuarial Analyst position will participate in a broad variety of activities in support of a dynamic, expanding actuarial function in EMPLOYERS. This position compiles and analyzes company and industry data in support of actuarial functions like the development, pricing, control and administration of products offered by the company, in the estimation of current and future company assets and liabilities, and in the preparation of financial statements and other reports. This position may frequently interact independently with other departments to support various aspects of company operations. We are an innovative company, actively looking for ways to deliver insurance coverage more efficiently. We expect this position to bring creative insights and a strong work ethic to move our actuarial initiatives forward. #LI-Remote HP22 Essential Duties and Responsibilities:

• Is responsible for the filings area of the Pricing Actuarial team. This includes the preparation and defense of rate and rule filings.
• Performs rate indications and develops target loss ratios for all of EMPLOYERS' jurisdictions.
• Researches bureau and DOI websites for rate (and other pertinent) updates.
• Supports in the development of new insurance products including the pricing of new and existing products.
• Regularly reviews environmental, legal, competitive, regulatory climate, and results for states.
• Assures all rule and rate decisions are clearly and continuously communicated with management and key stakeholders.
• Provides IT with rate updates and performs UAT.
• Mentors other member of Pricing Team who handles filings.
• Complete assigned actuarial analysis, under minimal guidance. This includes utilizing actuarial systems and programming skills to access and organize the data, performing the applicable actuarial calculations, analyzing moderate to complex information, evaluating results and the accuracy of inputs, and updating exhibits and slides.
• Complete actuarial analysis and other assigned tasks on time and in keeping with corporate and professional standards, including all documentation, and proactively communicate project progress and status to relevant parties.
• Suggest and implement improvements to existing processes/procedures.
• Act as a technical and peer reviewer for others' work, asking probing questions when needed. Work with other technical and peer reviewers to incorporate all changes and commentary.
• Present analysis and/or provide technical and non-technical information and explanation to peers, senior staff, and other departments as needed, as well as answer related questions.
• Manage small to medium-sized department projects including setting up meetings, keeping notes, and ensuring deadlines are met.
• Request and provide respectful and candid feedback on technical and non-technical items.
• Demonstrate knowledge of the link between one's own job responsibilities and the overall organizational objectives, with knowledge of most company business units.
• Build constructive and effective relationships across the company, and provide training and guidance to junior actuarial team members and other staff.
• Other duties as assigned or as business needs arise. Job Requirements:
  • Must have a bachelor's degree, preferably in Actuarial Science, Mathematics, Statistics, Economics, or Business. Master's degree or higher is a plus.
  • Minimum 15 years' of progressive actuarial or other insurance work and experience.
  • Has passed a majority of actuarial exams towards ACAS or has an insurance-related certification (e.g. CPCU, CSPA, WCCA).
  • Must have a solid working knowledge of Excel, Word, and PowerPoint.
  • A current knowledge of or a capacity for learning to use other software products such as SQL, VBA, R Python, and/or commercial pricing and reserving tools is expected.
  • Must be detail oriented and capable of working with minimal supervision.
  • Must be independent and creative in analyzing business results, developing appropriate solutions or alternatives to problems and effectively communicating related issues and results to management.
  • Must work well in a team-oriented, collaborative environment.
  • Must possess effective written and verbal communication skills. Work Environment - Remote:
    • This role is REMOTE opportunity, open to candidates currently located in the United States and able to work without sponsorship
    • It requires a suitable space that provides a private and quiet workplace.
    • Expected Work Hours: Schedules are set to accommodate the requirements of the position and the needs of the organization and may be adjusted as needed.
    • Travel: May be required to travel to off-site location(s) to attend meetings, as necessary Salary Range : $115,000 - $135,000 + comprehensive benefits package! F ollow the link to our benefits page for details! EMPLOYERS is a dynamic, fast-growing provider of workers' compensation insurance and services, we are seeking a goal-oriented individual willing to put their ideas to work! We offer a positive, challenging work environment, combined with an opportunity to build your career as you help us grow our business, in innovative and imaginative ways that are uniquely EMPLOYERS -! Headquartered in Reno, Nevada, EMPLOYERS attributes its long-standing success to its most valuable resource, our employees across the United States. EMPLOYERS is known for the quality service and expertise we provide to our clients, and the exemplary work environment we provide for our employees. We live and breathe our core values: Integrity, Customer Focus, Collaboration, Initiative, Accountability, Innovation, and Personal Fulfillment. These are the pillars that support how we do business with our clients as well as how we treat each other! At EMPLOYERS , you'll discover an energetic environment that inspires top achievement. As "America's small business insurance specialist", we have the resources, a solid reputation and an expanding nationwide identity to enrich your work/life and enhance your career.PI216367662

Keywords: EMPLOYERS, Reno , Senior Actuarial Analyst, Professions , Reno, Nevada