The position is responsible for creating and maintaining monitoring processes to track the portfolio performance in order to provide business recommendations for profitability and production enhancement; assisting Personal Lines Underwritting Management to produce pricing analysis for Personal Lines products.
Major duties and responsibilities
1. Maintain detailed data relating to Personal Lines Business.
2. Recommend modification in rating and/or risk selection guidelines based on portfolio analysis.
3. Assist underwriting team to create pricing indication on new coverages or products.
4. Provide Monthly and Quarterly internal and regulatory reports.
5. Coordinate with MIS/IT on reporting requirements.
6. Assist in preparing data for budgeting purpose.
7. Assist in preparing data for rate review process and providing information/analysis requested by Regional and Local Actuary.
8. Assist in working with claims department in detection of adverse claims trend.
9. Monitoring production and Claim performance of fleet accounts & Specific accounts.
Skills
⦁ Familiarity with statistical computer program languages. MS Access, SAS, SQL and RADAR would be an advantage.
⦁ Marketing and Customer Focus and Result Orientation
⦁ Demonstrated ability to manage own workload and effectively prioritize activities
⦁ Excellent English communication skill and computer literacy
Experience
⦁ 2 - 3 years of experience in Personal Lines Insurance is preferred.
Qualifications
⦁ Bachelor’s or Master’s Degree in Actuarial or Statistics