Commercial Insurance Predictive Modeling - Actuary/Business Analytics

**This position is based in the Yardley PA office 3 days per week and requires Insurance experience.  

SUMMARY 

Responsible for implementing actuarial services for Alliant agencies by applying advanced statistical methodologies to conduct complex quantitative analyses and provide analysis and support to management and underwriting.  Utilize advanced data skills to drive risk management, financial planning and decision-making surrounding the MGA business.

ESSENTIAL DUTIES AND RESPONSIBILITIES  

•    Forecasts financial exposure by utilizing broad knowledge of advanced statistical methodologies to analyze and interpret complex data surrounding new business and develop recommendations to mitigate risk and achieve profitability goals;

•    Supports pricing and financial planning by performing extensive research on high-impact and complex actuarial studies; advise leaders on pricing and financial strategies and policies;

•    Develops actuarial analysis and modeling tools.  Monitors, evaluates and reports trends and outside developments to ensure adopted methods are robust and valid for business use;

•    Ensures utilization of industry best practices by managing and revising actuarial systems, models and procedures to encourage efficiency and organizational competitiveness in the market;

•    Guides decision-making by researching new business and analyzing data to advise senior level actuaries and other departments on profitable business opportunities;

•    Researches and develops approaches for writing new lines and products;

•    Builds relationships by partnering and collaborating with team and across the business to communicate information and foster an understanding of Actuarial department functioning;

•    Implements high quality analysis by ensuring program reviews are accurate, timely, complete and communicated to end-users to ensure the sharing of useful knowledge for decision-making;

•    Manages budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility;

•    Contributes to a positive environment by demonstrating cultural expectations and guiding leaders to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun;

•    Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

•    Infrequent travel 10-15% of the time;

•    Other duties as assigned.

QUALIFICATIONS 
EDUCATION / EXPERIENCE 

Bachelor's Degree or equivalent combination of education and experience

Ten (10) or more years related work experience with actuarial analyses in area of responsibility; Property and Casualty actuarial field required

3 -4 actuary exams completed 

SKILLS

Excellent verbal and written communication and presentation skills

Excellent problem solving and time management skills

Advanced working knowledge of specialized math including calculus, statistics, and probability

Advanced working knowledge of complex actuarial pricing techniques and best practices

Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems

Ability to adapt and be flexible in a complex changing environment

Ability to work within a team and to foster teamwork

Proficient in Microsoft Office products, Sequel, Python, 

Predictive modeling

Cleaning data

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