What are the responsibilities and job description for the Actuarial Analyst position at EMC Insurance Companies?
At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees.
Essential Functions:
- Performs pricing, reserving and/or modeling work assignments including data preparation, analysis, documentation, and recommendation for action
- Supports a rate and reserve review, participates in review of existing models, and maintains and designs rating algorithms
- Supports special projects such as competitive analysis, adoption of a new product, changes to rating algorithms, adds new coverage, performs initial analysis of legislative or regulatory changes, explores new reserving line split, researches new modeling techniques and/or predictive variables
- Makes initial recommendations to team and conducts testing for implementation of new or updated processes
- Maintains and updates assigned workbooks, databases, processes and models
Education & Experience:
- Bachelor's degree in actuarial science or math
- 1 actuarial exam
Knowledge, Skills & Abilities:
- Good knowledge of actuarial terminology, concepts and theory
- Proficiency in pricing and reserving or predictive modeling for at least one line of business
- Good knowledge of statistics and probability and/or computer programming
- Good knowledge of Excel, PowerPoint, PowerBI and Word
- Knowledge of at least one computer language, such as R, SAS or SQL preferred
- Strong written and verbal communication skills
- Strong analytical, investigation and problem-solving abilities
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
Our employment practices are in accord with the laws which prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.