What are the responsibilities and job description for the actuarial analyst position at Randstad?
summary
$100,000 - $110,000 per year
permanent
bachelor degree
category
computer and mathematical occupations
reference
1029100job summary:
Translate rate fillings and underwriting guidelines into precise technical specification for system development.
ACAS or near-ACAS with 4 years experience in actuarial roles, including substantial exposure to pricing and/or ratemaking.
location: WILKES-BARRE, Pennsylvania
job type: Permanent
salary: $100,000.00 - 109,999.97 per year
work hours: 8am to 4pm
education: Bachelors
responsibilities:
Reporting to the President, this wide-ranging role depends on insurance and actuarial domain expertise to drive several areas of the business including Portfolio Strategy, Engineering, and Marketing.
Portfolio Monitoring and Steering
Collaborate with Line of Business (LOB) actuaries and product managers to maintain a consolidated loss ratio estimate and forecast.
qualifications:
skills:
Translate rate fillings and underwriting guidelines into precise technical specification for system development.
-
Collaborate with Engineering team to ensure that rating and underwriting engine is developed to spec. -
Direct Quality Assurance (QA) team to ensure sufficient test coverage over rating and underwriting engine.
-
Collaborate with Marketing to ensure acquisition costs are calibrated to customer lifetime value by segment. -
Estimate collections and bad debt exposure by segment.
ACAS or near-ACAS with 4 years experience in actuarial roles, including substantial exposure to pricing and/or ratemaking.
- Commercial lines knowledge, including claim dynamics and the drivers influencing commercial property and liability losses.
- Expert user of Microsoft Excel, and experience using Python or R for data analysis, including data cleansing, exploratory analysis, and fitting statistical models.
- strong intuition for probabilistic reasoning and the principles underlying statistical modeling.
- Ability to grasp basic software engineering concepts, such as modularity, abstraction, and separation of concerns.
- Organizational skills, acute attention to detail, and a preference for taking a methodical approach to analysis and problem-solving.
- Excellent verbal and written communication skills to support collaboration with teams across Actuarial, Marketing, and Engineering.
location: WILKES-BARRE, Pennsylvania
job type: Permanent
salary: $100,000.00 - 109,999.97 per year
work hours: 8am to 4pm
education: Bachelors
responsibilities:
Reporting to the President, this wide-ranging role depends on insurance and actuarial domain expertise to drive several areas of the business including Portfolio Strategy, Engineering, and Marketing.
Portfolio Monitoring and Steering
Collaborate with Line of Business (LOB) actuaries and product managers to maintain a consolidated loss ratio estimate and forecast.
-
Monitor key conversion and claim metrics to identify areas for rating or underwriting intervention. -
Maintain roadmap of rate filings and underwriting actions to achieve loss ratio targets.
qualifications:
- Experience level: Experienced Minimum 5 years of experience
- Education: Bachelors (required)
skills:
- Data Analysis (5 years of experience is required)
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad Digital, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad Digital offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).
Salary : $100,000 - $110,000
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