New York, NY
Industry: Accounting, Finance & Insurance•
5 - 7 years
Posted 180 days ago
Analyze the profitability of the Casualty lines such as Auto, GL, Med Mal, Environmental and Umbrella. Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities.
Monitor rate, exposure, retention, new, lost business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management Provide business solutions to maximize risk adjusted profit. Develop actuarial reports to help business effectively manage existing portfolios.
Work closely with reserving actuaries to understand reserve development and inform them of pricing and underwriting actions that will impact reserve estimates. Research and develop advanced pricing techniques Monitor and examine profitability of the commercial casualty lines by industry segment and country/region. Develop best practices of pricing techniques to be implemented around the world. Train junior staff
BS in Actuarial Science, Mathematics, Statistics, or related area. 5 or more exams 5years or moreexperience in commercial casualty lines (e.g. GL, Excess, and Auto) pricingpreferred Strong analytical and problem solving skills Work well both independently and as part of a team Proficiency in Excel, Access, VBA, SAS, ,R or other programminglanguagespreferred.
Strong business and collaboration skills, and responsive to service needs and operational demands Effective time management skill Excellent communication, presentation, and interpersonal skills. Customer focus