Senior Actuarial Analyst

Full Time
Philadelphia, PA
Posted
Job description
Senior Actuarial Analyst - ( 2200005G )
Description


The purpose of this job is to provide actuarial IFRS17 support to Finance and actuarial pricing support to various underwriting departments under moderate supervision

  • Support and participate on a quarterly basis IFRS17 calculations and reporting requirements at a group and local statutory level.
  • Pricing support by performing various types of actuarial analyses, rating analyses, profitability reviews, price monitoring, and portfolio reviews. Lines of business include large account property, general casualty, directors and officers, errors and omissions, and medical malpractice insurance
  • Provide pricing indications for individual large accounts
  • Research and update various pricing parameters used within our pricing models such as increased limit factors, loss trend factors, underlying loss costs per unit of exposure, etc.
  • Work closely with underwriters to assure proper use of the pricing models and to improve the usability and accuracy of the pricing models
  • Assist in the development of robust databases for enhanced pricing
  • Prepare information for reinsurance renewals
  • Participate in the planning process as needed
Qualifications
  • Associateship of the Casualty Actuarial Society (ACAS) or near-ACAS preferred with at least 5 years of experience in the Property & Casualty insurance industry
  • Bachelor’s degree in actuarial science, mathematics, computer science or other technical major preferred
  • Advanced skills with Excel, Access and Word; familiarity with SAS
  • Strong communication skills

About Fairfax

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

About Allied World

Allied World, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.


Primary Location : US-PA-Philadelphia
Work Locations : Philadelphia 30 S. 17th Street Suite 160016th Floor Philadelphia 19102
Job : Actuarial
Employee Status :Regular
Job Type :Standard
Travel : No
Job Posting : Aug 10, 2022, 3:47:00 PM

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