Oversees and facilitates all actuarial involvement in the establishment, execution, and oversight of the necessary profitability strategies/targets to achieve enterprise goals for the middle market regions.
Oversees the actuarial support for rate filings and leads the implementation of rate changes and preparation of both internal and external documents & manuals.
Collaborates with actuarial peers in the analysis and selection of various expense and forecasting methods and assumptions.
Partners with Actuarial peers in the development of initial expected loss ratio (IELR) forecasts.
Provides support to the Actuary Rating and Actuarial Applications team in the development and support of rates.
Oversees the quality, consistency, and accuracy of the team’s work products.
Provides strategic actuarial support in the implementation of enhanced and new insurance products.
Requirements
Bachelor’s degree in mathematics, actuarial science, statistics, or a related field
Ten years of progressively responsible experience in the actuarial area of a property and casualty insurance company with five years in a leadership capacity
Attainment of FCAS
Superior knowledge of actuarial pricing and ratemaking methods, regulatory and filings procedures/requirements, and rating algorithms.
Detailed knowledge of commercial lines P&C insurance products, coverages, and services
Exceptional organizational skills with the ability to meet deadlines by way of a results-oriented focus.
Occasional travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving.