This Senior Assistant Actuary position is responsible for supporting portfolio management efforts in the Global Casualty Domestic (GCD) unit. Key responsibilities include supporting profit studies, pricing factor reviews, reserve review support, reporting, and planning. The role is based in Philadelphia, PA reporting to the Vice President of Planning Reporting for Global Casualty Domestic. 

Duties and Responsibilities related to this position:

Actuarial support for the Annual GCD Profitability Studies. Actuarial support for the review and implementation of pricing factor/model updates to GCD’s pricing systems.  Actuarial pricing support for the GCD Reserve reviews including Expected Loss Ratio (ELRs), EBUB/EBNR reviews, XS of Agg monitor and other inputs as needed. Actuarial support for GCD monthly, quarterly, and annual monitoring and reporting of results, including current accident year indications, AvE, and claim trend monitoring. Actuarial support for GCD planning, including detailed trend and portfolio bridging analyses.  Actuarial support for the annual WC CAT treaty renewal submission.  Work on other projects as requested or identified.

 

 

Bachelor’s degree or higher in a quantitative field such as Mathematics, Actuarial Science, Statistics, Finance, Economics, or a related field. 5+ years of actuarial pricing or reserving experience.ACAS or FCAS certification preferred. Proficiency in Excel is required. Familiarity with programming languages and tools such as SQL / R / Python is advantageous. Strong attention to detail and willingness to learn new tools and technologies.Excellent analytical and problem-solving skills are essential to excel in this role.Strong organizational and documentation skills are required, along with the ability to prioritize multiple competing deliverables and manage time effectively to meet scheduled due dates.Strong collaboration skills are important, with the ability to work closely with individuals from diverse backgrounds and disciplines. Excellent interpersonal and communication skills are essential, along with the ability to provide clear and concise verbal and written communications to stakeholders at various levels of the organization.Desire to work in a fast-paced, fluid environment where new challenges and opportunities arise regularly. We value adaptability, resourcefulness, and a growth mindset.