Actuarial Analysis Manager
Reference #: TRG1220754
Location: Arizona

Actuarial Analysis Manager
Arizona

SUMMARY:
Responsible for GAAP evaluation on the adequacy of reserve levels, diligent review of rate levels for adequacy and market appropriateness, and developing financial analytics of the Company. Driver in pricing and reserving development. Consultant to business intelligence development with many divisions of the Company.

RESPONSIBILITIES:
Loss Reserving -
- Provides a Statement of Actuarial Opinion or communication as needed each quarter on a GAAP basis. Includes assessment of overall reserve adequacy for discussion and/or presentation to CFO, CEO, VP-Actuarial, and Corporate.
- Establishing, maintain, and enhance entire Loss Reserving process within the Actuarial discipline. Includes, but is not limited to, setting up and/or utilizing development triangles, applying various actuarial methods and techniques, projecting ultimate values, preparing a full and descriptive report that includes underlying details, assumptions, and opinion of reserve adequacy.
- Prepare and presenting opinion to CEO, CFO, and AVP-Actuarial on a quarterly basis. When feedback or challenges to presentation arise, assesses and adjusts projections accordingly. Opinions to be prepared judiciously.
- Submits GAAP Loss Reserve Opinion to Corporate Appointed Actuary for consideration in preparing their opinion.
Ratemaking -
- Monitors and evaluates rate level adequacy for various segments of our book or operation.
- Drives and guides creation, integration, and enhancement of ratemaking tools (such as rate level indications, rate comparisons, state review process, etc.).
- Establishes regular state review schedule. Ensures that 3 key principles are adhered to:
(1) Target overall rate levels consistent with Operating Plan combined ratio goal.
(2) Target overall rate levels consistent with Operating Plan price level changes goal.
(3) Does not allow "loss leader" decisions to be made.

QUALIFICATIONS:
- Bachelor's degree (B.A.) from four-year college or university; or equivalent combination of education and experience.
- Requires the successful completion of a minimum four (4) Casualty Actuarial Society (CAS) exams.
- 6+ years Actuarial experience with strong reserve and ratemaking background.
- Must have advanced knowledge proficiency of computer programs in a Windows environment, including Word, Excel

E-mail this opportunity to a colleague

<< Back

home | firm profile | services | opportunities | professional resources | contact

Copyright ©2005 The Regent Group. All rights reserved. privacy policy