Universal North America · 1 day ago
Actuary
Sarasota, FL
Full-time
Onsite
Mid, Senior Level
4+ years expUniversal North America is seeking an Actuary to support their insurance product lines. The role involves analyzing data, performing rate reviews, and collaborating with various stakeholders while providing insights to senior management.
Financial ServicesInsurance
Hiring Manager
Sara S. D.
Responsibilities
Oversee and manage projects related to Pricing
Lead the ratemaking process and develop pricing indications so as to attain an underwriting profit
Perform various Pricing projects, including but not limited to quarterly rate adequacy reviews, internal rate indications, and analysis of internal and external data
Support and develop Pricing tools, and advance Pricing methodology in terms of data capture and analysis
Lead the review of new product strategies, design, pricing, and implementation of rate changes
Price alternative structures as needed
Interact as needed with relevant regulatory authorities on filings. Testify as required in support of rate filings
Lead the review of new product strategies, design, pricing, and implementation of rate changes
Drive process improvements and provide insight to leadership from an actuarial perspective
Oversee the Reserving process and projects related to Reserving, including but not limited to quarterly reserve reviews and monthly IBNR roll forwards
Lead the development of new Reserving tools, advances reserving methodology in terms of data capture and analysis and lead the design and implementation of new processes
Work with accounting, external actuaries, and auditors to provide accurate data, provide reconciliations and assist with calculations, resolve discrepancies and assist in any way necessary to assist in the completion of accurate financial statements with the Statement of Actuarial Opinion
Manage competing internal interests and workload with respect to data requirements, ratemaking, rate filings and product development
Provide data in support of actuarial, product and underwriting, and reserving initiatives
Perform data manipulation, analysis, and automation, including but not limited to data cleansing and automated reporting
Over time, the role may grow to include management of actuarial analyst teams
Ensure that data is correct, consistent, and robust. Perform proper data validation and reconciliation exercises
Practice appropriate spreadsheet and data stewardship: Organize and document data, data sources, and calculations in such a way that it can be easily reviewed by a peer or external party
Keep manager and team informed of activities and situations which will impact the achievement of corporate and department goals and objectives
Present results and conclusions of analysis to other departments and senior management
Keep up to date on the insurance environment, regulatory changes, social influences, and new actuarial and data methods. Be proactive in revising approaches and methods to continually improve all our work products
Provide leadership on special projects related to ratemaking, reserving and financial analysis projects
Perform other duties as required
Qualification
Required
A Bachelor's degree in actuarial science, mathematics, risk management or a related field
Minimum of 4 years of actuarial experience, with homeowners and commercial lines experience preferred
Advanced proficiency in Microsoft Access, Excel, Work and Power Point
Excellent communication skills, both written and oral
Strong data and programming experience in an insurance environment is desired
Proficient knowledge of SQL, MySQL, Oracle, or similar database languages is desired
Proficient knowledge of R, Python, VBA, or similar programming languages is desired
Advanced presentation skills
Advanced analytical, problem-solving, and research skills
Work extremely well independently
Must possess strong work ethic and be a 'team player'
Project management skills. Lead project teams both with and without formal reporting authority
Ability to work with multiple competing priorities
Preferred
Associate of the Casualty Actuarial Society (ACAS) preferred
Commitment to attain Fellowship in the Casualty Actuarial Society (FCAS) desired but not required
Company
Universal North America
We are committed to offering quality insurance coverage for policyholders in 18 states and across four time zones.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Ines Hull, SHRM-CP
Human Resources Business Partner
Recent News
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