[Hiring] Actuarial Analyst @Emergent Holdings

Role Description

This position is responsible for supporting the company’s Actuarial functions. The core actuarial functions include:

• Pricing
• Reserving
• Reinsurance analysis
• Forecasting

Additional responsibilities include:

• Management reporting
• Competitor analysis
• Strategy support
• Financial data calls
• Other ad hoc projects

This position requires the understanding of insurance and business operations within Emerging Markets including, AF Group and COBX.

Qualifications

• Bachelor’s degree required, preferably in actuarial science, mathematics, or a related field.
• Successful completion of at least one CAS/SOA examination is required.
• With proper education credentials, no experience is required; however, actuarial experience is preferred.

Requirements

• Gather and organize data and perform analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.
• Make recommendations and present findings to appropriate audiences.
• Assist in rate review analyses including calculation of rate indications and various actuarial assumptions.
• Compile rate pages and rate filing support for designated line(s) of business.
• Respond to questions or objections from state insurance departments with guidance.
• Develop and refine reports related to pricing, loss reserving, dividend and retro premium accruals, industry financial information, competitor rate filings, reinsurance recoverable, or other business purposes.
• Update assumptions, parameters, and formulas in pricing and reserving tools.
• Combine data from multiple sources to fulfill financial data call reporting requirements.
• Use bureau tools and forms to validate and submit financial call data.
• Research and resolve rating bureau inquiries, criticisms, and error reports related to financial data calls.
• Perform ad hoc projects as required. Meet required deadlines. Document work performed.
• Exercise discretion when communicating outside of the department and maintain confidentiality of information processed as appropriate.

Company Description

Accident Fund Insurance Company of America