Role - Actuarial Analyst
Experience Required -3+ Years
Must Have Technical/Functional Skills
Actuarial Knowledge and Experience
Property & Causality Experience,
Personal Lines
Actuarial Science- CAS, Sate Filings, Reserving, Modelling
Roles & Responsibilities
• Bachelors degree in Actuarial Science; and 2 to 5 years of related Actuarial experience (in addition to the minimum years of experience required) may be substituted in lieu of degree. Minimum of 2 actuarial exams completed in CAS.
• Must have P&C Insurance experience
• State Filing Experience with DOI for personal lines of Insurance is preferred • Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, SQL or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
• Understand and analyze the assigned state and responsible for completing state filing process including but not limited to developing rates, trend analysis, revise rates, prepare documentation to DOI, get the
sign off from Lead Actuary and coordinate and respond for any DOI objections.
• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects • Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs required models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an Director of respective Line of Business.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Apply understanding of products supported, stakeholders needs, and industry trends to solve unstructured business problems.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Base Salary Range : $100,000 to $170,000 Per Annum
TCS Employee Benefits Summary:
Discretionary Annual Incentive.
Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
Family Support: Maternal & Parental Leaves.
Insurance Options: Auto & Home Insurance, Identity Theft Protection.
Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
Time Off: Vacation, Time Off, Sick Leave & Holidays.
Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
