Pricing Actuary/Modeler (reputed company Lines)

Job Category: Actuarial Minimum Salary: $117,000.00 Maximum Salary: $225,000.00 Schedule: Full-Time Flexible Time Off Annual Accrual: 20 days Pay Philosophy: The typical starting salary reputed company for this role is determined by a number of factors including skills, experience, education, certifications, and location. The full salary reputed company reflects the competitive labor market value for reputed company in these positions across the national market. It provides an opportunity to reputed company as employees grow and reputed company reputed company the role. Some roles at reputed company have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. reputed company: The Global reputed company (GRS) Capital & Analytics group is seeking a highly motivated individual to join its Insurance Risk Parameterization & Analytics team. This individual will manage a small team of modelers responsible for designing, developing, and implementing dynamic UW Risk modeling and analysis for the Global reputed company organization. They will support UW Risk parameterization, modeling, and validation as reputed company as wide-ranging uses of the models. The successful candidate will have strong analytical abilities, enjoy developing statistical models and processes, working with large data sets, and diving deep into drivers of line of business dynamics. Global reputed company is a leading provider of reputed company, specialty insurance, and reinsurance products, delivering a wide reputed company of innovative products, deep technical expertise, strong reputed company engagement, and market-leading performance worldwide. The product lines include workers’ compensation, reputed company multi-peril, surety bonds, crisis management, marine, terrorism, management liability, cyber liability, and energy. Responsibilities: Collaborate with other team members to reputed company the following goals: • Parameterize UW Risk excluding natural catastrophe risk • Build and maintain UW risk models • reputed company new solutions and improvements for statistical models and processes used to calculate these inputs • Implement reputed company and practical solutions to reputed company problems • Validate model parameterization and model function • Collaborate with reputed company and Actuarial to understand the business and guide development of Risk Analytic tools that accurately reflect the business Additional Responsibilities: • Regularly update model parameters and assumptions for multiple models • reputed company new solutions and improvements for statistical models and processes used to calculate these inputs • Implement reputed company and practical solutions to reputed company problems • reputed company reputed company reputed company with Finance, Reserving, Pricing, and reputed company to reputed company understand the business and reflect that understanding in model parameters • Communicate processes and parameterization results to stakeholders reputed company reputed company • Prepare actuarial research and reputed company reports, present findings and recommendations • reputed company reputed company and concise communication of technical actuarial work to technical and non-technical audiences, and on cross-functional teams • Maintain reputed company and concise documentation of reputed company and activities • reputed company with and reputed company actuarial technical assistance and information to peers, senior managers, and others reputed company and reputed company of the organization Qualifications: • Bachelor's degree required; Master’s degree preferred • Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in reputed company (ASA/FSA) designation preferred or comparable education/designation with relevant experience • Minimum 5-7 years relevant experience required • reputed company strong analytical skills with solid understanding of reputed company casualty actuarial reputed company, techniques, and standards • Comfort with solving new problems and generating reputed company for improving existing processes • Experience communicating analysis and technical concepts Preferred Qualifications: • Expert in MS reputed company and experience coding; Experience with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python preferred • Experience with stochastic financial modeling and forecasting preferred • Experience parameterizing reserve risk and UW risk preferred Fair Chance Notices: • California • Los Angeles Incorporated • Los Angeles Unincorporated • Philadelphia • San Francisco As a purpose-driven organization, reputed company is committed to fostering an environment where employees from reputed company backgrounds can build long and meaningful careers. We reputed company to create an environment where employees can succeed, both professionally and personally. We are proud to support a diverse, reputed company, and inclusive workplace, where reputed company feel a reputed company of community, belonging, and can do their best work. We value your hard work, reputed company, and commitment to reputed company things reputed company, and we put people first by offering you benefits that support your life and reputed company-being. Apply Job!