Executive Job Description | Commercial Markets Actuarial Pricing and Modeling department supports operating units that write middle market, specialty, and national market risks. This department is seeking an experienced actuary to manage its General Liability Line of Business unit; this newly created position will focus on special studies, market support, analytical tools, and coordination of portfolio modeling projects.
Responsibilities:
Working with internal customers, IT, and our portfolio modeling team to coordinate data gathering, modeling and implementation.
Interacting with market customers (underwriting, loss prevention, claims, actuarial, fraud) to create tools, benchmarks and research that support their initiatives.
Working on technical studies with our pricing tools group.
Generating innovative ideas and approaches to business problems.
Managing a small staff of actuarial and/or business analysts.
Qualifications:
Bachelor's degree required
Fellowship in the Casualty Actuarial Society (FCAS) or near-FCAS designation preferred
5-10 years of progressively responsible experience, including supervisory experience
Detailed knowledge of commercial lines (commercial ratemaking experience would be a plus)
Modeling knowledge a plus
Effective management skills, and the ability to develop and maintain high-performing staff
Good negotiating skills, and demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing
Strong analytical skills with a solid understanding of casualty actuarial techniques, standards, and assumptions
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
401K and Company paid pension plan
Medical coverage
Dental coverage
Paid time-off
Pay-for-Performance
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Tuition reimbursement
Vision care coverage
Work/Life resources
Credit Union membership
Employee and Dependent life insurance
Disability insurance
Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
Responsibility. What's your policy?
Job Actuarial
Primary LocationUS-MA-Boston
Schedule Full-time
Salary (Pay Basis)
120,000-178,000
Education Level Bachelor's Degree (±16 years)
Shift Day Job
Travel No |
