Senior Actuarial Analyst REMOTE

<strong>At Emergent Holdings, we&rsquo;re creating an innovative environment where our employees belong authentically, contribute meaningfully, and thrive intentionally &mdash; both personally and professionally.</strong>

United States, USA

Emergent Holdings

<p class="p1"><strong>Emergent Holdings is driven by a singular goal &mdash; improving the health and safety of our customers and our communities. How do we do that? We create innovative insurance products, technology solutions, and services to support our key stakeholders &mdash; individuals, employers, providers, and strategic partners &mdash; improving the health and safety of the people and places we serve.</strong></p>

keywords: job description,support,assist,analysis,leadership,reporting,other duties,education & experience,knowledge,proficiency,communication,skills


Competitive Compensation and Benefits Package

Overview: <br />This position is responsible for supporting the Company&rsquo;s actuarial functions. The core actuarial functions include pricing, reserving, reinsurance analysis, and forecasting. Additional responsibilities include management reporting, competitor analysis, strategy support, financial data calls, and other ad hoc projects.&nbsp;<br /><br /> <p><strong>WORKING CONDITIONS:</strong></p> <p>Work is performed in an office setting with no unusual hazards. Minimal travel required.</p>
Responsibilities: <br /> <p><strong>Actuarial Analyst:</strong></p> <ul> <li>Gather, analyze and present data in a format appropriate for pricing, loss reserving, product development, reinsurance and other financial analysis.&nbsp;Make recommendations and present data to appropriate personnel.</li> <li>Assist in compilation of rate reviews including calculation of trends and rate indications.</li> <li>Develop and refine reports for management of pricing, loss reserving, and forecasting.</li> <li>Update premium and loss projections.</li> <li>Completion of quarterly dividend and retro premium accruals.</li> <li>Update tables and formulas in large account pricing workbook.</li> <li>Compile rate pages and rate filing support.</li> <li>Gather and report out on industry financial data.</li> <li>Support the maintenance of the catastrophic claim inventory including underlying assumptions and models.</li> <li>Support various reinsurance functions.</li> <li>Provide support for the quarterly loss reserve analysis.</li> <li>Assist with the calculation of reinsurance recoverable.</li> <li>Assist with monthly scorecard reporting.</li> <li>Compile data submissions for reinsurance pricing and external auditors. Perform other ad hoc projects as required.</li> <li>Perform ad hoc pricing, reserving, and forecasting studies.</li> <li>Assist with the updating of experience reports.</li> <li>Exercise discretion when communicating outside of the department.</li> <li>Maintain confidentiality of information processed as appropriate.</li> </ul> <br /> <p><strong>Additional Responsibilities for Senior Actuarial Analyst:</strong></p> <ul> <li>Provide oversight to the premium and loss projection process. Work with Operating Units on underlying assumptions and create appropriate documentation. Review projection files to ensure accuracy. Communicate results to Finance.</li> <li>Act as liaison for the Actuarial department when working with other departments such as Information Services, Corporate Claims, and Corporate Underwriting.</li> <li>Perform quarterly reserve analyses. Identify loss trends and investigate underlying drivers.</li> <li>Maintain and update Large Account Pricing Workbook.</li> <li>Participate in annual planning process by assisting Brands with strategy and identifying areas for improvement.</li> <li>Perform ad hoc pricing and reserving projects with little direction.</li> <li>Perform various projects with regard to reinsurance and catastrophe modeling.</li> <li>Work with the Brands on deployment of underwriting predictive models.</li> <li>Represent Actuarial on various corporate projects.</li> <li>Work with outside actuaries and/or consultants on various projects.</li> <li>Mentoring and training of Actuarial Interns and Actuarial Analysts.</li> <li>Lead the development of new reports and tools for the department.</li> <li>Assist in various reinsurance studies including pricing and commutation studies.</li> <li>Assist with Capital Model maintenance.</li> <li>Support the Capital Management Committee on its various tasks.</li> <li>Development and maintenance of risk-adjusted performance metrics.</li> </ul>
Requirements: <br /> <p><strong>EDUCATION OR EQUIVALENT EXPERIENCE:</strong></p> <ul> <li>Bachelor&rsquo;s degree in actuarial science, mathematics, or a related field is required.&nbsp;</li> <li>Successful completion of one CAS examination required.&nbsp;Continuous learning, as defined by the Company&rsquo;s learning philosophy, is required.&nbsp;</li> <li>Certification or progress toward certification is highly preferred and encouraged.</li> </ul> <br /> <p><strong>Additional Education for Senior Actuarial Analyst:</strong></p> <ul> <li>A minimum of four CAS examinations successfully completed is required, five are preferred.</li> </ul> <br /> <p><strong>EXPERIENCE:</strong></p> <ul> <li>With proper education credentials, no experience is required; however actuarial experience is preferred.</li> </ul> <br /> <p><strong>SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:</strong></p> <ul> <li>Knowledge of actuarial principles and practices, underwriting and claims practices preferred.</li> <li>Knowledge of mathematics and statistics with the ability to perform necessary mathematical computations.</li> <li>Ability to apply the principles of logical thinking to define problems, collect data, identify trends and draw conclusions.</li> <li>Excellent oral and written communications skills, with the ability to communicate actuarial concepts and conclusions to non-actuaries.</li> <li>Working knowledge of Microsoft Excel and preferably Microsoft Access.</li> <li>Competent and comfortable learning and working with new software.</li> <li>Maintain confidentiality as appropriate.</li> <li>Ability to work both independently and as part of a team.</li> </ul> <br /> <p><strong>Additional SKA for Actuarial Analyst II:</strong></p> <ul> <li>Comfortable leading meetings and facilitating discussions.</li> <li>Ability to manage multiple priorities, establish workflows, and meet necessary deadlines.</li> <li>Knowledge of actuarial principles and practices, underwriting and marketing guidelines and claims practices.</li> <li>Ability to perform actuarial and statistical analyses.</li> <li>Strong working knowledge of Microsoft Excel and Access. Knowledge of ResQ, MetaRisk and @ Risk preferred, but not required.</li> <li>Some SQL and Visual Basic knowledge preferred.</li> <li>Some knowledge of GAAP and SAP accounting.</li> </ul> <br /> <p><strong>Additional SKA for Sr. Actuarial Analyst:</strong></p> <ul> <li>Ability to create financial and actuarial models with little direction.&nbsp;</li> <li>Ability to facilitate decisions in meetings.</li> <li>Strong knowledge of GAAP and SAP accounting, including FASB accounting standards.</li> <li>Ability to establish a personal rapport with opposing parties and resolve conflicts in a professional manner.</li> <li>Presentation skills and confidence to present company and product in one-on-one settings or in small groups.</li> <li>Comprehends the consequences of various problem situations.</li> </ul>