RIMS Career Center

This role will support the pricing function for a wide range of Excess and Surplus Lines products:

• Serve as an actuarial contact for the E&S underwriting team for pricing support
• Assist in the development and implementation of rating plans and pricing models for a variety of property, professional lines, and specialty lines products
• Evaluate new program and reinsurance opportunities, including the selection and documentation of loss picks, trend factors, development patterns, and other relevant metrics
• Integrate pricing assumptions with the reserving and ERM functions
• Assist with monitoring the composition and profitability of specific products along with the overall portfolio
• Perform other job-related duties as assigned in support of the overall actuarial and risk management functions

In addition to the requirements listed below, the ideal candidate will also have the following:

• Proficient computer skills in MS Office Suite
• Excellent communication and presentation skills; proven ability to adapt in a growing and evolving work environment
• Ability to work independently, multitask, stay organized, and enjoy fostering collaborative relationships

Job Overview:

This position is a critical component of the actuarial functions of a P&C insurance company.  The role is designed for the person with actuarial experience who will take the lead on various projects to help solve business problems. Integral to this role will be the interaction with underwriters, claims personnel, finance, and other members of the actuarial, risk management, and catastrophe modeling teams.

Job Duties & Responsibilities:

• Understands, discusses, and applies existing and new actuarial concepts and techniques to analyze data in support of actuarial functions
• Supports the actuarial team on projects that will assist management in decision-making and steering the business
• Coordinates with other members of the actuarial team to keep management and other team members informed of relevant, ongoing changes in the market and emerging trends (e.g., Covid-19 claims, an influx of capital into the market, aggregate industry results, competitor results, regulatory changes, etc.)
• Collaborates with underwriters, catastrophe modelers, and the financial area to support the expanding P&C insurance company
• Continues to work towards an actuarial designation by studying and sitting for actuarial exams, if desired

Requirement Qualifications:

• Degree in Mathematics, Actuarial Science, or similar field
• 5+ years of P&C actuarial experience
• Minimum of 4 actuarial exams

• Degree in Mathematics, Actuarial Science, or similar field
• 5+ years of P&C actuarial experience
• Minimum of 4 actuarial exams