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Position Specific Description
This role will support the pricing function for a wide range of Excess and Surplus Lines products:
• Serve as an actuarial contact for the E&S underwriting team for pricing support
• Evaluate new program and reinsurance opportunities, including the selection and documentation of loss picks, trend factors, development patterns, and other relevant metrics
• Assist in the development and implementation of rating plans and pricing models for a variety of property, professional lines, and specialty lines products
• Integrate pricing assumptions with the reserving and ERM functions
• Assist with monitoring the composition and profitability of specific products along with the overall portfolio
• Perform other job-related duties as assigned in support of the overall actuarial and risk management functions
In addition to the requirements listed below, the ideal candidate will also have the following:
• Proficient computer skills in MS Office Suite
• Excellent communication and presentation skills; proven ability to adapt in a growing and evolving work environment
• Ability to work independently, multitask, stay organized, and enjoy fostering collaborative relationships
This position is a critical component of the actuarial functions of a P&C insurance company. The role is designed for the person with actuarial experience who will take the lead on various projects to help solve business problems. Integral to this role will be the interaction with underwriters, claims personnel, finance, and other members of the actuarial, risk management, and catastrophe modeling teams
Job Duties & Responsibilities Understands, discusses, and applies existing and new actuarial concepts and techniques to analyze data in support of actuarial functions Works on projects that will assist management in decision-making and steering the business Develops reports facilitating the monitoring and management of various insurance products Researches, analyzes, and communicates ongoing changes in the market and emerging trends (e.g., emerging risks, an influx of capital into the market, aggregate industry results, competitor results, regulatory changes, etc.) Collaborates with underwriters, catastrophe modelers, finance, and the rest of the actuarial team to support the expanding P&C insurance company Continues to work towards an actuarial designation by studying and sitting for actuarial exams, if desired Performs other job-related duties as assigned Required Qualifications Bachelor's Degree in Mathematics, Actuarial Science, or similar field 5+ years of P&C actuarial experience Minimum of 4 actuarial examsPreferred Qualifications None
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
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