Westfield Insurance ยท 14 hours ago
Senior Actuarial Analyst, Commercial Lines
Westfield Center, OH
Full-time
Onsite
Senior Level
5+ years expWestfield Insurance is seeking a Senior Actuarial Analyst who will conduct complex analyses and lead special actuarial projects. The role involves applying technical actuarial skills to improve processes, provide market insights, and mentor junior professionals.
Insurance
Responsibilities
Directs actuarial projects while applying actuarial skills and knowledge of the Company's insurance products and operations
Completes research, ensures accuracy of calculations and analyses, and meets project deadlines
Completes all complex actuarial assignments by following standard processes in areas like Pricing, Loss Reserving, Research and Development, etc
Provides input on the pricing of new and existing products, collaborates with the Underwriting and Product team, and determines loss and loss expense reserve recommendations
Assists in developing management reports that are used to monitor performance, behavior, and results of company goals and objectives
Develops and maintains adequate knowledge and awareness of industry activities through attendance at seminars, reading trade journals and magazines, and through personal contact with other insurance companies, state regulatory bodies, and professional affiliations
Gathers information, prepares reports, and creates datasets following already documented processes in support of the Actuarial Department
Prepares collateral for defending state filing materials, estimates unpaid loss and loss expense liabilities, provides support to Finance Reporting, and partners with the IT team to implement rate and rule changes in rating
Provides ongoing review and improvements of pricing and processes for greater automation, accuracy, and rate adequacy
Supports peers and less experienced professionals, analysts, and associates in their respective activities on pricing, reserving, and research and development
Qualification
Required
5+ years of insurance and/or business experience
4+ years of actuarial experience
Bachelor's degree in Mathematics, Actuarial Science, Statistics, or a related field and/or commensurate work experience
Credit for completion of the following Casualty Actuarial Society work: passing the 'Basic techniques for rate making and estimating claims liability' exam and completion all CAS preliminary requirements (e.g. exams, VEEs, online courses) prior to this exam
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
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