The Senior Actuary analyzes insurance premium, claim and exposure information in developing actuarial analyses. This position will provide analyses and commentary to our internal and external customers as well as take ownership of processes and methodologies.
Essential Duties & Responsibilities
Apply complex and advanced actuarial techniques and expertise to multiple, cross-functional projects for existing and new products. Synthesize complex or diverse information, collect and research data and use intuition and experience to complement data. Completes work with minimal oversight.
Develop and update actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams. Utilize specialized line of business, product or functional expertise and broad experience to recommend actuarial methodologies. Design workflows and procedures. Generate creative solutions. Use feedback to modify designs. Demonstrate attention to detail.
Own analysis and processes. Develop project plans, coordinate projects and communicates changes and progress. Completes projects on time and budget and manages project team activities.
Identify data issues and collaborate with external customers to resolve issues. Identify and resolve problems in a timely manner. Gather and analyze information skillfully. Develop alternative solutions. Use reason even when dealing with emotional topics.
Communicate findings and assumptions to various parties, from company management to regulators.
Participate in training of Underwriters and more junior-level team members regarding rating models and other analyses.
Maintain actuarial qualifications in compliance with regulations.
May supervise 1-2 Actuarial Analysts. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Reviews work of junior analysts, including those who may not report directly to this role.
Education, Experience, Competencies & Values
Bachelor's degree required; 12 or more years of related experience and/or training required.
FCAS credentials.
Demonstrates leadership qualities.
Ability to interpret and analyze various types of data.
Ability to write reports and correspondence.
Ability to present analytical analyses and concepts to diverse groups.
Advanced knowledge of Microsoft Excel.
Advanced knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL.
Base salary range is $136,985 - $185,330. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
Top Skills
What We Do
With healthcare’s constant complexities and distractions, it can be difficult to focus on patients. Coverys can help with proven medical professional liability insurance, data analytics, risk mitigation resources, and more. You can count on Coverys for protection and services that help you stay focused on improving clinical, operational, and financial outcomes.
