We are looking for a Regulatory Filing Actuary, based in Alpharetta, Chicago or New York
Your Team The Technical Pricing Certification team is part of the Global Pricing team at Allianz Commercial.
The team is responsible for defining and delivering on Allianz Commercial's strategic vision to be a technically excellent pricing team, with building a robust rate filing framework forming a key pillar.
The Impact You Will Have As a Regulatory Filing Actuary, you will use your actuarial experience, knowledge of external market forces, and awareness of industry trends, to assist management with developing business strategies and with solving complex business problems. You will be responsible for consulting with line of business experts to develop rates, rules, rating plans, actuarial support, and regulatory filing strategies for new and existing commercial products. You will complete required actuarial memoranda and exhibits for insurance department rate filings, respond to insurance department inquiries and objections to achieve successful outcomes and assist with the preparation of regulatory data call submissions.
Some of your specific responsibilities could include:
- Keeping abreast of leading market practices and driving innovation.
- Promoting close collaboration and interaction with the various business areas (Group, UW, MM, CFO, etc.) to foster mutual understanding of how business developments impact actuarial drivers in the financials.
- Managing and driving forward own area of responsibility or project.
- Developing global actuarial pricing approaches and processes to rate filings, as well as enhancing actuarial models and analyses for rate filing purposes.
- Preparing and performing Actuarial rate filing analysis for assigned business area, including documentation, communication and explanation of results
- Peer reviewing work from other team members, as well as mentoring and providing guidance to junior team members.
What You'll Bring to the Role - Bachelor's Degree (ideally Master's) preferably in Mathematics, Statistics or other appropriate discipline or qualified by experience in related discipline;
- Accredited member of the Casualty Actuarial Society in good standing or are in progress toward accreditation;
- 3 years of actuarial pricing experience in the US, including at least 3 years of experience with standard commercial lines rate filings in states with complex actuarial and regulatory requirements;
- Excellent project management skills, including ability to maintain progress on multiple projects;
- Extensive computer skills (e.g., MS Office including VBA and relevant expert systems such as Matlab, R, SQL, Java, etc.);
- Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations, anticipating and resolving issues before they transpire;
- Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation. Ability to anticipate and resolve issues before they transpire;
- Excellent oral and written communication skills, with an ability to understand and convey information clearly and effectively with respect to the audience/level of management;
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.
- Ability to persuade and motivate others without direct authority.
Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
The annualized base pay range for this role is $130,000 - $170,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
95751 | Actuarial | Professional | Allianz Commercial | Full-Time | Permanent
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