Actuarial Analyst Jobs

Job Title: Assistant Actuary Company: ACE Limited/ACE INA Location: Philadelphia, PA Description: ACE GroupThe ACE Group of Companies is one of the worlds leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide and offices in more than 50 countries.ACE serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.Details of this critical opening follow:Existing Program Monitoring and Management: Deliver timely and informative quarterly program assessments to Programs managementEvaluate the profitability of existing programs with in-depth actuarial analysisPerform monthly price monitor analysis New Program Analysis and Development: Collaborate closely with the WSG management cross-functional team to design appropriate coverage and pricing program structures that satisfy both the profitability goals of the division as well meet the needs of potential program agents. Project expected loss ratios by line of business using a variety of methods that make the best use of the information available. Communicate concise results with verbal discussions with business leaders, easy-to-read exhibits, and formal memos. Financial and Reinsurance Support: Assist senior management and corporate actuarial in the projection of future loss ratios and other metrics including the preparation of planning documents: timely ELRs, payment patterns, and bridging worksheets Filing Support: Provide timely assistance in the preparation of all WSG Programs specific filings and facilitate any subsequent data needs from the DOIs. Qualifications Summary: Working knowledge of P&C actuarial pricing techniques and terminologyAt least 2 actuarial exams and 2 years of actuarial experience preferredExperience in working independently and under tight time constraintsMust have excellent Excel skillsGood communication skills - both oral and writtenExperience in system data retrieval and database manipulation a plusACE offers a competitive salary plus cash bonus, equity opportunities and a comprehensive benefits package including life, health, dental, vision, a generous retirement savings plan with a generous company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.Sound like the right job for you? For consideration, please apply below. If you would like additional information about the ACE Group, please visit our website at www.acelimited.com

Job Title: Life Actuary Company: American International Group Location: New York, NY Description: HighlightsJob ID: JZH1Position Type: Full Time - RegularLocation: NY-New YorkRelocation: NoEducation: PhDExperience: 3-5 yearsDescription: AIG is seeking 2 life actuaries to work in the Enterprise Risk Management Department focusing on risk management related to our life insurance companies.. Responsibilities Include:· Actively participate in risk management activities for insurance companies for both Life and Property/Casualty:o Build the ERM function, review the risk appetites and limits, capital models and risk management strategies. o Asset and liability management, develop strategic asset allocations and risk limit for tactical asset allocations, evaluate their impacts on the binding capital measure and net investment incomes, liquidity o Capital management and stress testing, review and aggregate stress test results submitted by insurance companies, review the capital requirements, develop effective strategies to minimize the capital contributions. o Develop capital models such as Solvency II, Rating agency capital models and regulatory capital models. o Provide risk monitor and reporting, perform analysis, review and prepare presentations to key stakeholders. o Aggregate the risk appetites/limits developed by the insurance companies to derive the overall risk profile. Suggested Experience:· Strong communication and interpersonal skills. Able to influence, negotiate and build alliances across multiple corporate entities· Demonstrated experience providing risk management modeling/analysis in a similar role. Strong detailed knowledge of quantitative analysis· Proficient in MS Excel, PowerPoint and Word, and familiar with MS Project · Good understanding in finance, investment and financial engineering · Familiar with life insurance/retirement savings products and GAAP and Stat accounting · Experience with capital management, ALM and risk management.· Hard working and a team playerSorry, we are unable to hire H1B candidates for this roleAbout Us: American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.AIG is an Equal Opportunity Employer..

Job Title: Director of Property and Casualty Actuary Company: USAA Location: San Antonio, TX Description: Share our pride. Join our mission. As a Fortune 200 financial services company with more than $113.5 billion in owned and managed assets, USAA is on a mission ? to facilitate the financial security of our members, the men and women of the U.S. military and their families worldwide. Headquartered on a showcase campus in San Antonio, TX, USAA attributes its long-standing success to its most valuable resource, our 22,000 employees. They are the heart and soul of our member-service culture. Recently Ranked #1 by Business Week in Customer Service, we are recognized for the superior service we provide to our members, and the exemplary work environment we provide for our employees. Everything that happens at USAA is based on our core values: Service, Loyalty, Honesty, and Integrity. These are the foundations of how we do business with our members, as well as how we treat each other.Build the FUTURE you've always wanted. And help make the future a little more secure for others. World-class benefits, a foundation of values, a commitment to helping you develop in your career - that's what you'll discover at USAA. Director Property and Casualty ActuaryWe anticipate hiring this profile in the near future. If you are interested in being considered for our actuarial team, please submit your resume with the subject line ACTUARY to Register to View As a Director of Property and Casualty Actuary, you will plan, organize, direct and staff actuarial activities required to analyze and achieve target pricing levels. You will develop new products or rating structures, actuarial information and application requirements while balancing market and financial goals. Job Duties: Oversees the development of product line pricing assumptions and price structure while ensuring price level objectives are met. Directs the development of new products and implementation of process improvements. Provides short and long term planning recommendations for unit objectives by developing and analyzing forecasts Manages and is accountable for the work of assigned employees. Performs personnel management functions, including employee selection, team building, project/workload assignment, employee training, monitoring of work activity and performance evaluation. Ensures that product prices and designs are congruent with the company's product strategy and goals. Facilitates the development and implementation of products and projects. Monitors competitive market, industry trends and professional research to maintain knowledge of current activities related to products, regulations, market conditions and innovative alternatives to achieve financial and market goals. Represents USAA's interest at industry level committee meetings.Minimum Requirements: 4 years of relevant experience. 5 exams of the Casualty Actuarial Society. Bachelor's degree or equivalent work experience. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. Preferred: Extensive experience in personal lines actuarial procedures and techniques. Excellent communication skills of all kinds. Project management experience, organizational skills and ability to think innovatively. Experience preparing and/or conducting briefings and interfacing at all levels of management. Demonstrated initiative, autonomy and commitment to process improvements. Demonstrated ability to think strategically balanced with practical day-to-day execution. Experience at managing entry to medium experience level actuaries. Demonstrated negotiation, leadership and problem solving skills. Fellow or near Fellow of the Casualty Actuarial Society. At USAA our employees enjoy one of the best benefits packages in the business, including business casual dress environment, comprehensive medical, dental and vision plans, along with wellness and wealth building programs. Additionally, our career path planning and continuing education will assist you with your professional goals.USAA also offers a variety of on-site services and conveniences to help you manage your work and personal life, including seven cafeterias, two company stores and three fitness centers.As you would expect from one of the best places to work in America, we offer outstanding benefits and career advantages that support you at home and at work. Visit usaa.com for more information. USAA is an Equal Opportunity/Affirmative Action Employer.

Job Title: Business Developer - Life Actuary - Bank - New York #29656 Company: D.W. Simpson Global Actuarial Recruitment Location: New York, NY Description: New York bank is looking for a life actuarial business developer for Position 29656. FSA actuary or CFA preferred. Consulting experience a plus.

Job Title: Actuary Sr Professional Company: CSC Location: Hartford, CT Description: Job Title:Actuary Sr ProfessionalJob Number:0900A2KJob Category:Third Party AdministrationPrimary Location:USA-CT: CONNECTICUT-EAST HARTFORDSchedule:Full-timeJob Type:RegularEmployee Status:RegularJob Posting:2009-Oct-27 DescriptionEssential Job Functions Coordinate with IT professionals regarding design and delivery of comprehensive product-based enterprise-level actuarial solutions using customized actuarial methods, products and software tools. Confer regarding product development and system deployment issues and participate in project estimates. Conducts moderately complex risk analyses using mathematical modeling techniques and statistical concepts; determines probability and assesses potential risk. Summarizes and prepares reports to advise management of implications of analyses with regard to potential risk issues; recommends potential courses of action and follows through on recommendation as approved. Advises management on the administration of insurance scenarios to reduce liabilities and ensure regulatory compliance. Interacts with clients to gather information regarding circumstances and potential risks in order to ensure clients are properly informed about insurance risks. Designs and implements products that meet client specific needs as appropriate. Works with information technology professionals to develop systems to ensure compliance with requirements of regulatory bodies. Oversees product implementation process, ensuring solution integrates properly, costs are justified and appropriate. Calculates premium rates, funding rates for pension scenarios, asset liability modeling, product developments, and profit testing in order to predict future liabilities; conducts periodic valuations of assets Provides data and information to appropriate public agencies or agents regarding liability or regulatory compliances. Provides advice and counsel to others within the organization concerning insurance risk; creates recommendations regarding appropriate courses of action. Provides training to less experienced personnel on actuarial concepts. Designs, analyzes and programs application software; conducts complex bug verification and release testing as assigned. Implements improvements and enhancements to meet client needs. QualificationBasic Qualifications Bachelor's degree or equivalent combination of education and experience Bachelor's degree in actuarial sciences or related field preferred Six or more years of actuarial experience Experience working with actuarial statistical methods Experience working with insurance practices and regulatory policies Experience working with organizational insurance procedures and policies Experience working with insurance technology applications and software Other Qualifications Must have a Bachelor's Degree/Equivalent in Actuarial Science/Computer Science or a related field + six years of actuarial experience (will accept in MS in Actuarial Science/Computer Science or a related field + four years of actuarial experience in lieu of BS + 4 years), and background in: (1) Insurance calculation and rules software; (2) life insurance/annuity product development; (3) designing, analyzing and programming insurance software; (4) insurance software defect verification and testing; and (5) passage of Society of Actuaries exams. Strong communication skills Strong computer and statistical equipment skills Strong organization and planning skills Strong analytical and problem solving skills Leadership skills to guide and mentor the work of less experienced personnel Ability to work independently Ability to create and present actuarial science reports of findings Remote Work Location Authorized:Yes Relocation Assistance:Not Available Clearance Level:None

Job Title: Annuity Hedging Actuary - New York #29593 Company: D.W. Simpson Global Actuarial Recruitment Location: New York, NY Description: Annuity hedging actuaries are sought in New York for Position 29593. ASA minimum preferred.

Job Title: Associate Actuary Company: State Auto Insurance Companies Location: Columbus, OH Description: State Auto Insurance Company, an eighty-eight-year-old, A+ (Superior rated), property-casualty insurance company has an opening in our corporate headquarters located in Columbus, Ohio, for an experienced Associate Actuary. Job responsibilities include personal and commercial lines loss reserve analysis, reinsurance analysis, and catastrophe exposure analysis. State Auto offers competitive compensation, a quarterly bonus program, an excellent benefits package including medical, dental, vision and prescription insurance coverage, life insurance, pension, 401(k) plan, flexible spending accounts, tuition assistance, and a stock purchase plan. State Auto is a smoke-free environment. We also utilize drug screening as a condition of employment. For confidential consideration of your background, please e-mail your resume to Lori Moore at Register to View or send to: Lori Moore State Auto Insurance Companies P.O. Box 182822 Columbus, OH 43218-2822 State Auto is an equal opportunity employer. http://www.StateAuto.com Job Requirements Applicants should possess a college degree in Actuarial Science, Mathematics, Statistics, or other related field. Designation of Associate or Fellow of the Casualty Actuarial Society is preferred, along with five or more years of property/casualty actuarial experience. Candidates with five or more exams may be considered, dependent upon actuarial experience. The candidate should have excellent written and oral communication skills and strong computer technical skills.

Job Title: Sr Actuarial Analyst (HP) Company: The Hartford Location: Simsbury, CT Description: Title: Sr Actuarial Analyst (HP) Location: Connecticut-Simsbury WHAT ARE WE LOOKING FOR? The candidate will be offered entry into Hartfords Executive Actuarial Rotational Training (HEART) Program, providing minimum entry requirements are met. The HEART program provides support for actuarial examinations, and leadership and professional development. The HEART Program assists students to develop core skill areas such as Personal Commitment, Interpersonal Relations, Analytical Skills, Business/Organizational Knowledge and Leadership. Actuarial students rotate within Hartford Life to professionally develop into successful actuaries. Actuarial students drive the rotation process, both in terms of timing and destination, choosing from available positions within the company. Rotations vary in length from eighteen months to two years, with the minimum rotation set at 12 months. As part of the program requirements, you will be expected to make timely progress in completing the Society of Actuaries exams. You will be given study time and materials to assist you with your exams. Actuarial students receive 130 study hours every six months to study for actuarial examinations. The HEART program provides comprehensive exam support, including examination fees, exam and study materials. Students may attend one seminar per examination, subject to minimal restrictions. Salary increases are automatic upon passing actuarial examinations. The candidate must have strong analytic and communication skills and be willing to take a creative approach to problem solving. Being able to work independently and efficiently manage multiple projects at once are important. WHAT ARE THE RESPONSIBILITIES OF THIS POSITION? The Actuarial Analyst provides technical support to one or several actuarial project managers. Assignments normally involve learning and applying standard actuarial processes specific to the job assignment. Typical responsibilities may include compiling and categorizing data, documenting and verifying the factors used in computations such as those used in experience analyses, evaluating loss and expense reserves, preparing rate filings, schedules of statistics, financial statements, premiums, benefits and reserves and establishing rating and pricing levels. As an example, some of the projects that former actuarial students participated in include: Creating innovative solutions to hedge stock market risks inherent in our Variable Annuities when reinsurance is no longer an option, reporting the profitability of our Universal Life product by calculating experience rations, reserves and net profits, using actuarial techniques to determine the net present value of competing companies to advise senior management of a favorable acquisition, and using past experience and personal expertise to place a competitive bid on a Group Life Insurance contract for a Fortune 500 Company. ABOUT HARTFORD LIFE: Hartford Life, Inc. is a leading provider of retirement savings, wealth creation and financial protection solutions. A subsidiary of The Hartford Financial Services Group, Inc. , Hartford Life is the nations fourth largest life insurance group based on assets. Hartford Life, which is headquartered in Simsbury, Conn. , employs over 10, 000 people worldwide. Our Core Values: Customer Focus, Diversity and Inclusion, Financial Discipline, Integrity, Teamwork, Winning Spirit The Hartford is an Equal Opportunity Employer

Job Title: Supervisor, Property and Casualty Actuary Company: American International Group Location: New York, NY Description: HighlightsJob ID: JZH3Position Type: Full Time - RegularLocation: NY-New YorkRelocation: NoEducation: PhDExperience: 6-9 yearsDescription: Responsibilities Lead a small team of actuaries to drive quantitative risk analysis with a particular emphasis on Property and Casualty (P&C) operations. The analyses will support management decisions as they pertain to required economic capital, strategic risk appetite, reserving strategy, premium cycle management, asset liability management, reinsurance strategy, and catastrophic and emerging risk appetite. Specific activities will include:· Participate in the development of internal economic capital models for P&C business lines which includes analysis of diversification benefits across business lines and development of a consistent framework for capital allocation that includes the diversification benefits.· Analysis and application of rating agency and regulatory capital adequacy models to P&C business lines.· Analysis of catastrophic and emerging risks and their potential impacts to General Insurance financials. This may include coordinating the development of database queries to gather the data needed for the analyses.· Participate in day-to-day risk measurement and management processes such as asset-liability management, value-at-risk and capital calculation.Qualifications include:· Strong communication, project management and leadership skills · 7+ years of actuarial experience preferred· Associate or Fellow of Casualty Actuarial Society preferred· Familiarity with financial mathematics and financial markets desirable; · Proficiency with MS Excel / Word / ACCESS / VBA / PowerPoint / Capital modeling software· Effective Team playerAbout Us: American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.AIG is an Equal Opportunity Employer..

Job Title: Actuarial Analyst Company: Citizens Property Insurance Corporation Location: Tallahassee, FL Description: POSITION SUMMARY: This position provides support for performing actuarial analysis of Citizens loss reserves. It also provides support for Citizens’ rates, rating procedures and rating plans. The Actuarial Analyst may provide technical assistance regarding actuarial matters to staff in other functional areas and work closely with actuarial consultants. ESSENTIAL FUNCTIONS: THE FOLLOWING ARE THE USUAL, BASIC AND ESSENTIAL FUNCTIONS OF THE POSITION. THESE FUNCTIONS ARE NOT TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES, AND SKILLS REQUIRED. • Act as liaison between Accounting and Actuarial Services. Responsible for ensuring that accounting data and procedures are consistent with actuarial services’ data and procedures. Identify and implement improvements to the process. This requires working closely with Accounting. Requires knowledge of accounting practices. • Act as liaison between Claims and Actuarial Services. Responsible for monitoring and incorporating any change in claims practices into the bulk reserves. Identify and implement improvements to the process. This requires working closely with the Claims department. Requires knowledge of claims practices. • Provide detailed analysis and support to aid Senior Management in the selection of the bulk loss reserves. • Audit the FHCF data. Recommend changes to product forms and/or to IT to ensure the appropriate data is collected. Work closely with the FHCF and the actuarial consultants associated with the fund. • Perform actuarial calculations to develop property and casualty rates that are sound and defensible. • Review property and casualty insurance rates and rate filings to determine compliance with state insurance laws. • Prepare rate filings for the Office of Insurance Regulation in compliance with filing requirements, including assistance in performing actuarial review and certification that filing is appropriate and consistent with applicable Florida statutes and rules. • Determine and define data needed from Citizens policy and claim systems for rate development and reserve analysis. • Determine and define data needed from catastrophe models for use in ratemaking and reserve analysis. • Prepare supporting materials to substantiate insurance rates. • Research and deploy new models and methods for developing rates and estimating claim payments. • Conduct research and draft responses on complaints and requests for information on various actuarial matters. • Research and assist in the preparation of material to support rates and/or the rating process REQUIRED EDUCATION AND EXPERIENCE: • Bachelor’s degree in actuarial science, mathematics, statistics or related subject. • Completion of at least two CAS (Casualty Actuarial Society) exam and actively pursuing ASAS. • Minimum of two years experience in property insurance with focus on detailed statistical analysis. • Prior intermediate level experience navigating the Internet and working with Excel, Access, Word, Outlook and SQL. REQUIRED KNOWLEDGE SKILL AND ABILITIES: • Strong analytical and math skills • Demonstrated solid oral and written communication skills • Ability to prioritize and handle multiple tasks in a demanding work environment. PREFERRED QUALIFICATIONS: • Understanding of property casualty insurance ratemaking and reserving principles • Knowledge of catastrophe models • Experience dealing with a regulatory body on property rate issues. PHYSICAL REQUIREMENTS: Occasional overnight travel required. Close vision to computer monitors and reasonable locomotion required. Ability to converse over the telephone. Citizens will make every reasonable effort to assist physically challenged applicants in their ability to perform job functions.