Penn National Insurance ยท 4 months ago
Senior Actuary
Two North Second Street, Harrisburg, PA, 17101, US
Full-time
Onsite
Senior Level
6+ years expPenn National Insurance is seeking a Senior Actuary to lead pricing activities across major commercial and personal lines of business. This role is crucial for shaping financial strategy through advanced actuarial analysis and involves overseeing rate filings, monitoring regulatory activity, and collaborating with senior leadership on corporate rate matters.
Financial ServicesInsurance
Responsibilities
Oversees the preparation of rate filings that include appropriate supporting exhibits and documentation, and that reflect anticipated regulatory issues
Monitors the activity of rate bureaus and regulator agencies
Keeps apprised of changes, developments, and new research and methods in ratemaking
As company representative, participates in external rate bureau and industry committee activities in order to develop more effective actuarial methods for internal use and improve upon the current level of knowledge in the actuarial field
Clearly communicates recommendations to the Loss Reserve Committee, Underwriting Operations management, or ERM Committee, and communicates with senior management about corporate rate, reserve issues
Conducts research and makes recommendations regarding emerging topics in actuarial-related insurance issues
Develops or directs the development of computer application systems for analysis, manipulation, and reporting of actuarial data
Advises and acts as consultant to the Company Underwriting Operations and Claims Divisions with regard to data analysis
Plans and directs all actuarial activities involved with pricing for all major lines of business
Supervises Pricing Analyst, actuarial assistant(s), and/or actuarial trainee staff
May supervise the activities of technical staff as needed and serve as mentor to and has assignment authority over the Rate Analyst, Pricing Analyst, and/or Actuarial Assistant(s)
Accurately and completely analyzes data and information in order to make recommendations of profitable rate and price levels
Performs other duties as may be assigned by the Senior Actuary or Vice President, Actuarial
Interacts with all levels of the organization internally, as well as interaction with external regulatory agencies
Qualification
Required
Bachelor of Science degree in mathematics, actuarial science or similar curriculum providing rigorous analytical training
Associate of the Casualty Actuarial Society required
Minimum of 6 years of general Actuarial experience
Prefer prior experience to include 4 years of ratemaking as appropriate
Requires a high level of quantitative analytical skills
Familiarity with property and casualty insurance accounting and finance
A high level of proficiency in personal computer spreadsheet and database skills
Familiarity with legal and regulatory requirements for ratemaking and filing
Strong organizational skills
Must possess good written and oral communication skills
This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment
Must be able to see and effectively use a computer monitor
Must be able to operate a computer, keyboard and applicable printers and other general office equipment
Must be able to access and enter information accurately using automated systems
Must be able to hear and communicate via the telephone and/or monitoring devices to both internal and external clients
Must be able to present information to individuals and groups
Must be able to interpret and apply concepts that may or may not be based upon established guidelines
Must be able to maintain acceptable attendance and adhere to scheduled work hours
Must have a valid driver's license and be able to operate a motor vehicle
Must be able to travel, with overnight stays required
Preferred
Fellow of the Casualty Actuarial Society
Company
Penn National Insurance
Penn National Insurance is a property-casualty mutual insurance company
Founded in 1919Harrisburg, Pennsylvania, USA
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Robert Brandon
President & CEO
J
John Foster
Senior Vice President, Insurance Operations
Recent News
2025-12-11
2024-04-08
Franklin County Free Press
2023-12-26
Company data provided by crunchbase