Property Pricing Actuary

North America Pricing is looking for an Actuary who will be responsible for supporting the pricing of Major and Middle Single Carrier Property business. In this role, you will help lead the business segment's profit, growth, and operational objectives by performing actuarial analyses for these growing and evolving lines of business. You will be responsible for traditional actuarial rate making analysis, including rate indications, profit reviews and new product pricing & filings, along with ratings and system deployments, along with sophistication of pricing and predictive models.  Supporting the integration of MMIA business into processes, pricing and existing portfolio analyses will be a focus and critical goal. This position will act as a direct support for the Property segment leaders, helping drive the strategic vision through partnerships with a variety of internal customers, including DSS, product, analytics, finance, reserving and systems groups.  Role requires a highly organized, self-motivated individual with strong technical skills as well as collaboration and communication. A highly preferred candidate will also have Property pricing, DOI engagement, systems engagement, and R coding expertise.

Responsibilities:

• Build deep expertise and insight into Single Carrier portfolios and data.
• Support of pricing models, filed rating algorithms, data, and processes.
• Assist in overseeing the annual indication & profit review process for influencing pricing levels.
• Provide insights necessary to support the effective use of rating models & areas of opportunity.
• Review, revamp and/or create rate change methods & processes for individual segments.
• Directly support pricing requirements for new products and coverages, including rate filings.
• Collaborate cross-functionally to achieve business objectives and meet field demands.
• Support product ratemaking, underwriting and analytics operations with data driven analytics.
• Identifies data requirements for analysis, tool development, reporting and decision making.

• Bachelor's degree required; Master’s degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) designation preferred or comparable education/designation with relevant experience.
• Minimum 5-7 years relevant experience required.
• Sound knowledge of actuarial techniques and standards.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.
• Knowledge of insurance operations and the procedures of Financial, Underwriting, Claims, Statistical, Information Technology, Legal, and Sales departments.
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
• Strong technical skills and tool building capabilities (R experience is preferred).