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Senior Actuarial Analyst
Plymouth Rock Assurance Corporation
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Details
Posted: 24-Jun-24
Location: Boston , Massachusetts
Type: Full Time
Salary: Salary + excellent benefits
Required Education:
4 Year Degree
Our Boston Actuarial team is seeking a self-motivated and creative individual with a strong desire to work with Product Management and Claims to bring statistical rigor and analysis into everyday processes. The ideal candidate will have a strong business sense and a proven track record of generating new ideas across an organization and implementing those into current operations.
Under minimal direction, the Actuarial Analyst II – Quantitative works with the Actuarial Manager and team in identifying business issues, developing various approaches to address these issues, performing analyses and making recommendations based on the results. He/she/they will perform statistical analysis related to insurance including loss estimation, rate setting and reserving as well as other actuarial projects including competitor analysis and reinsurance.
Requirements:
- Understands quantitative concepts.
- Prepares actuarial research and complex reports and studies, and then presents findings and exhibits to peers and others.
- Provides clear and concise communication of technical work to technical and non-technical audiences.
- Creates and maintains documentation of methods and activities.
- Provides technical assistance and information to other departments.
- Creates and maintains internal and external data.
- Actively pursues FCAS designation.
- Participates in industry, regulatory, and actuarial meetings as necessary.
- Completes required training.
Qualifications and Education:
- Prior experience/knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
- Ability to work independently to lead mid-complexity projects and communicate to diverse audiences including technical and non-technical, senior management and fellow analysts.
- Ability to balance high volume of tasks from multiple projects with direction.
- Familiarity with database tools.
- Extensive programming experience (Python, SQL).
- Ability to build models of moderate complexity.
- Advanced Microsoft Office skills.
- Excellent verbal and written communication skills.
- Proven math and analytical skills, as typically acquired through the attainment of a bachelors or higher level degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
- Commitment to achieving membership in the Casualty Actuarial Society. Passing grades on at least 4 actuarial exams preferred.
- Demonstrated problem solving experience gained through related coursework and work experience.
- 2 or more years work experience with actuarial tools and concepts, preferably within the auto/homeowners insurance industries.
- ResQ experience would be beneficial, but not required.
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About Plymouth Rock Assurance Corporation
About the CompanyThe Plymouth Rock Company and its affiliated group of companies write and manage over $1.6 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 2,000 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”.
https://careercenter.actuary.org/jobs/20239273/senior-actuarial-analyst
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