Are you an experienced Actuary looking to make a difference and have a direct impact on business results? We currently have an opportunity available for an Actuarial Specialist to join our Actuary team in our corporate office located at 605 North Highway 169, Plymouth, MN. This position will directly support our Claims Department and is responsible for creating analytics, predictive models and business recommendations for the Claims Department. This is a great opportunity to make your mark with Senior Management and Business Leaders right away.
Responsibilities: 1. The Actuarial Specialist analyzes available data to determine relationships, trends, and issues. Provides consultation and clarification on actuarial models and risk issues. 2. Participates in the development of business recommendations and analysis of strategies. 3. Utilizes actuarial and financial software to develop new ways of looking at available data. 4. Analyzes data for the development of rates, rating plans, pricing strategies, reserve programs, financial forecasts, and responses to insurance regulators. 5. Coordinates, prepares and performs actuarial analyses to assist in the development of complex actuarial formulations leading to the recommendation of pricing strategies and loss reserving. 6. Works with the department to prepare the actuarial response and communication for results of actuarial research to Business Unit product management areas.
Demonstrated proficiency with computer software including current Windows Operating System, Microsoft Office, Microsoft Outlook, and other data entry and spreadsheet applications and programs.
Must demonstrate a strong mathematical aptitude, and have a growing knowledge for the insurance field.
Education and Experience:
Bachelor’s degree required, preferably with emphasis in mathematics and statistics or similar background requiring modeling, programming, or quantitative analysis.
3-7 years of related casualty experience and successful completion of 4-6 actuarial exams.
Internal Number: 886
About Actuarial Specialist
OneBeacon Insurance Group focuses on the unique risks faced by certain industry groups that we believe would benefit from specialized expertise, tailored products and an intense commitment to service. At OneBeacon, we believe that specialized expertise matters. Through our underwriting companies, we offer a broad range of specialty insurance products and services sold through independent agencies, regional and national brokers, wholesalers and managing general agencies. Each OneBeacon business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment they know well.