Position Description

Position:	Actuarial Associate
Reports To:	SVP Chief Actuary
Direct Reports:
Indirect Reports:
Overall Purpose and Main Objectives:	This position is responsible for assisting the Chief Actuary with senior level rate reviews, reserve reviews, preparation of schedule filings, competitive rate analysis for multiple new products, and annual re-evaluations of reinsurance programs.
Essential Duties & Responsibilities:	* Reporting directly to the Chief Actuary, and with little supervision, perform rate reviews for major lines (Auto/Homeowner/Commercial), new products and other lines of business (i.e. BOP, GL, Commercial Auto, Commercial Property, Ocean Marine, Assisted Living). * Perform quarterly reserve reviews for major lines (Auto/Homeowner/Commercial) and minor lines (see above). * Perform competitive rate analysis against other carriers. * Assist in yearly evaluation of reinsurance program. * Assist in preparation of Annual Business plan and backup person primarily responsible for this function. * Perform annual impact analysis for all contingent commission programs operative in the forthcoming calendar year.
Required Knowledge and Experience:	* Bachelor's or advanced degree in Actuarial Science, Mathematics, or other related field * 3+ years' experience in actuarial practice in a Property Casualty business * 5+ Actuarial Exams completed * Demonstrated ability to work independently, with minimal supervision * Strong proficiency with computer applications both PC (Microsoft Excel, Word, Access, Power Point, COGNOS) or other client-based data retrieval tool * Ability to work with business unit managers to retrieve, gather and convey vital information necessary to complete the job. Must have strong, demonstrated problem solving skills
Entry:
Fully Qualified:
Physical Requirements:	* May require some minimal overnight travel * Normal office environment
"The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, or skills required of personnel so classified."

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