Key Function : Actuarial Lead
Builds and maintains actuarial databasesDevelops products, rates, rating plans, pricing strategies, and financial forecasts to achieve company-wide objectives for profitability and growth Models and analyzes product profitability and associated risks Analyzes and presents findings of pricing to help drive business Analyzes trends, factors, and/or issues that impact results; determines action plansForecasts business expenses Assesses and communicates change(s) in indications on a quarterly basis and the drivers of the change(s) Selects loss development patterns for each product Works with Product Management, Accounting, and/or other units of the company as neededApplies expert knowledge to improve processes Assists with all aspects of predictive modeling to include scope, data construction, modeling, and implementation Assists with the reserve analysis Provides recommendations to Senior Management that have impact upon the profitability of the organizationKey Function: People / Leadership Management
Strong leadership behaviors; creates and maintains an energetic, positive, and collaborative cultureSupervises, motivates, and coaches the team towards meeting their respective performance efficiency and quality targetsDevelops leadership within the team by coaching and optimizing the effectiveness of othersCoaches, motivates, and retains staff; coordinates rewards and incentive ideasAssists in managing staffing requirements and orientation of newly recruited team membersReviews the performance of staff; identifies training needsAnalyzes performance statistics and makes decisions on the basis of these statisticsAbility to help others to work towards targets and develop their skillsPossesses a strong problem-solving skillsetLeadership skills and the ability to motivate and develop skillsPlans, meets, and exceeds targets; manages change Other duties as assignedDesired Qualifications
Requires a Bachelor’s degree in Mathematics, Actuarial Science, or related field Requires a minimum of 5 years of relevant experience ACAS/FCAS designation from the Casualty Actuarial Society is preferred along with a commitment to continuing education requirementsCompletion of 3 or more examinations with the Casualty Actuarial SocietyFamiliarity with programming languages preferred (VBA, R, SQL, Emblem or similar platform) Proficient with Excel, Access and/or equivalent software Strong analytical skills Ability to interpret common scientific/technical journals, financial reports and legal documentsAbility to apply advanced mathematical conceptsPossesses strong customer service skills and related behaviors Ability to work independently and in a team environment Excellent interpersonal and communication skills, including presentation skills Able to lift 0-10 pounds without assistanceAs a Team Member at First Acceptance Insurance Company, you will be part of a growing organization that continues to evolve and positively impacts the lives of our team members and customers.
We are looking for team members that engage – who take responsibility for themselves and take care of their customers and colleagues. Ideal candidates can compose themselves under pressure, have a “make It right” mindset, and focus their energies on solving problems. This means you’ll be supported by a team with all these qualities, too. If this sounds like the kind of team you’d like to join, we want to hear from you!
First Acceptance Insurance Company offers a full line of benefits including: Health Insurance, Dental, Vision, Paid Vacation, Disability Insurance and Employer Matching 401(k) Program.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants are considered for position and are evaluated without regard to mental or physical disability, race, religion, sexual orientation, color, gender, national origin, age, marital status, military or veteran status or any other protected local, state or federal status unrelated to the performance of the work involved.