JOB DESCRIPTION
:Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
Builds strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.
Completes profitability reviews, collateral reviews, profit sharing and other calculations according to annual schedule. Analyses feature detailed segmentation of results as necessary to fully inform management regarding performance of the business. Reports business progress to senior management, makes recommendations as required.
Provides pricing to new accounts. May create and modify existing tools/analytics as needed.
Remains current on state issues and regulations, industry activity and trends.
Provide support to rate filing.
Continually improve processes and maintain clear documentation of methods and assumptions.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
Strong knowledge of core functions of an insurance company and actuarial and statistical concepts.
Advanced actuarial technical expertise and product specific knowledge.
Ability to effectively to communicate and influence using analyses at various levels, including senior leadership.
Experience building successful business partnerships.
Strong analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
Solid project management skills with ability to manage multiple priorities effectively and lead teams.
Ability to perform duties with a sense of urgency; utilizes and manages all available resources to meet due dates.
Ability to make critical business decisions effectively within scope of authority.
Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change.
Education & Experience
Bachelor’s Degree in a relevant discipline or equivalent.
Typically a minimum of seven years of related work experience. Lower experience levels may be considered, position level will be determined based on qualifications.
Near ACAS designation and/or working towards FCAS.
Experience with Arius and Alteryx, a plus.
Senior Actuarial Consultant/Consultant, Pricing (Warranty) • Chicago, IL, USA