Job Posting for Actuarial Consultant at Captive Resources
The Actuarial Consultant will work as part of a team of professionals to independently analyze complex problems and develop workable solutions. Support pricing efforts for commercial lines and create plans, assess the environment and be able to make recommendations based on knowledge.
EDUCATION AND EXPERIENCE: Bachelors degree in Actuarial Science, Mathematics, Statistics, or a business-related discipline with at least three (4) years of experience within the property & casualty industry if credentialed (ACAS or FCAS), or at least 8 years' experience if not credentialed.
PREFERRED QUALIFICATIONS:
Strong written and oral communication skills
Superior problem solving and learning abilities
Organized and capable of working on multiple projects
R, Python or related program coding experience is preferred; an aptitude to learn other software packages as needed
SKILLS/COMPETENCIES REQUIREMENTS:
Ability to work efficiently and effectively in both independent and team settings
Detail oriented and high level of accuracy
Strong interpersonal and communication skills
Advanced skills in Microsoft Excel
Proficient in Microsoft Word and PowerPoint
Strong analytical, problem solving and judgment skills
Ability to manage a heavy work volume and meet deadlines in an extremely fast paced environment
Strong organizational skills with an ability to prioritize and handle multiple tasks in a demanding work environment
Strong mathematical skills, and a deep understanding of risk management
Ability to translate actuarial research into written recommendations
ESSENTIAL DUTIES AND REPONSIBILITIES:
Compiling statistical data and other information for further analysis
Estimating the probability and likely economic cost of uncertain events
Designing, testing and administrating insurance policies and other business strategies to minimize risk and maximize profitability
Explaining findings to clients, can do this using charts and tables
Assist with loss reserving, pricing, and data analytics projects for a variety of commercial property and casualty lines of business
Organize and analyze large volumes of data, ensuring integrity and accuracy
Apply complex actuarial theories and principles to create statistical models
Assist in the preparation of proposals and presentations for prospects
Performs actuarial calculations moderately complex actuarial studies and develops rates for existing and/or new business
Prepares or coordinates the preparation of standard reports as well as special reports for management
Salary.com Estimation for Actuarial Consultant in Itasca, IL
$111,519 to $140,160
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