Actuarial Financial Analyst I

<strong>A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals &mdash; and make a difference. Get started by choosing the career that&rsquo;s right for you.</strong>

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA. http://michigan.aaa.com/

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Full-Time

Competitive Compensation and Benefits Package

Overview: The Auto Club Group (ACG) provides membership, travel, insurance and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.&nbsp;<br /><br /> <p><strong><u><span style="font-family: Arial; font-size: medium;">Work Environment</span></u></strong><strong><u><span style="font-family: Arial; font-size: medium;">:</span></u></strong></p> <div><span style="font-family: Arial; font-size: medium;">Works in a temperature-controlled office environment.</span></div> <br />The Auto Club Group offers a competitive compensation and benefits packages including a base salary with performance based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership and much more!
Responsibilities: <p><span style="font-family: Arial; font-size: medium;">Learns and begins to apply various actuarial techniques and procedures including:</span></p> <ul> <li><span style="font-family: Arial; font-size: medium;">Deterministic development of reserves, capital analysis, and models for current property/casualty insurance coverage and products</span></li> <li><span style="font-family: Arial; font-size: medium;">Analyzing and preparing summary reports</span></li> <li><span style="font-family: Arial; font-size: medium;">Reconciling data</span></li> <li><span style="font-family: Arial; font-size: medium;">Formulating and interpreting reserve models using available tools</span></li> <li><span style="font-family: Arial; font-size: medium;">Analyzing data, developing material and preparing appropriate communication</span></li> <li>Works with Information Technology in gathering and verifying data, and special projects.&nbsp;</li> <li>Manipulates data for actuarial review using standard software packages.&nbsp;</li> <li>Begins to apply actuarial methods and principles to develop reserve projections, complete projects, analyze results and make recommendations.</li> <li>Researches suitable trend indications for analysis.</li> <li>Prepares reports, proposals, system documents, narrative support, procedures, and documentation files.&nbsp;</li> <li>Provides support to projects as required.</li> </ul> <div><u>Supervisory Responsibilities (briefly describe,&nbsp;if applicable, or indicate None):</u></div> <ul> <li>None<br />&nbsp;</li> </ul> <p><span style="font-family: Arial; font-size: medium;">&nbsp;</span></p>
Requirements: <div><strong><u><span style="font-family: Arial; font-size: medium;">Preferred Qualifications:</span></u></strong></div> <div><span style="font-family: Arial; font-size: medium;">&nbsp;</span></div> <div><span style="font-family: Arial; font-size: medium;">Experience, Knowledge and/or Skills:</span></div> <ul> <li><span style="font-family: Arial; font-size: medium;">Programming software (i.e. SQL, SAS, R)</span></li> <li><span style="font-family: Arial; font-size: medium;">Statistical software tools and/or statistical modeling concepts&nbsp; to develop recommendations and draw conclusions</span></li> <li><span style="font-family: Arial; font-size: medium;">Loss reserving</span></li> <li><span style="font-family: Arial; font-size: medium;">Insurance industry terminology and concepts</span></li> <li><span style="font-family: Arial; font-size: medium;">Personal lines P&amp;C</span></li> <li><span style="font-family: Arial; font-size: medium;">Insurance and/or reinsurance accounting or financial analysis</span></li> </ul> <p><strong><u><span style="font-family: Arial;">Required Qualifications (these are the minimum requirements to qualify):</span></u></strong></p> <p><u><span style="font-family: Arial; font-size: medium;">Education (include minimum education and any licensing/certifications):</span></u></p> <ul> <li><span style="font-family: Arial; font-size: medium;">Bachelor's degree in Actuarial Science, Mathematics, Finance, Statistics or a related field.&nbsp;</span></li> <li><span style="font-family: Arial; font-size: medium;">Successful completion of one or more actuarial examinations either prior to or within 18 months of date of hire.</span></li> <li><span style="font-family: Arial; font-size: medium;">Maintain eligibility in the Actuarial Professional Development Program following company guidelines.</span></li> </ul> <div><u><span style="font-family: Arial; font-size: medium;">Experience:</span></u></div> <ul> <li><span style="font-family: Arial; font-size: medium;">Using advanced spreadsheet applications (i.e. EXCEL), including macros and formulas, as well as other software applications (i.e. Microsoft Office)</span></li> <li><span style="font-family: Arial; font-size: medium;">Performing research and statistical analyses to complete assignments</span></li> <li><span style="font-family: Arial; font-size: medium;">Analyzing technical studies and data and drawing sound conclusions</span></li> </ul> <div><u><span style="font-family: Arial; font-size: medium;">Knowledge and Skills:</span></u></div> <ul> <li><span style="font-family: Arial; font-size: medium;">Preparing and presenting material up to the director level</span></li> <li><span style="font-family: Arial; font-size: medium;">Managing workflow to achieve multiple goals</span></li> <li><span style="font-family: Arial; font-size: medium;">Working individually and as part of a team</span></li> <li><span style="font-family: Arial; font-size: medium;">Communicating effectively with others in a work environment.</span></li> </ul>