DW Simpson - Chicago, IL

posted 3 months ago

Full-time - Mid Level
Chicago, IL
Personal and Laundry Services

About the position

The Senior Actuarial Analyst - Personal Lines position offers a unique opportunity to engage in complex analyses within a solid Property and Casualty (P&C) company. This role is designed for an experienced actuary with a minimum of 5 years in the field, particularly in pricing personal lines. As a key member of the personal lines team, you will be responsible for developing innovative pricing techniques that align with the company's business objectives. Your analytical skills will be crucial in assisting with the creation of management reports that provide insights into pricing strategies and overall performance metrics. In addition to your analytical responsibilities, you will also play a vital role in mentoring less experienced actuaries, fostering their professional growth and enhancing the team's overall capabilities. This position not only requires a strong technical background but also the ability to communicate complex actuarial concepts clearly and effectively to stakeholders. The ideal candidate will thrive in a collaborative environment and be eager to contribute to the continuous improvement of pricing methodologies and actuarial practices within the organization.

Responsibilities

  • Develop pricing techniques for personal lines insurance products.
  • Assist in the creation of management reports to analyze pricing strategies and performance metrics.
  • Mentor and guide less experienced actuaries in their professional development.
  • Conduct complex analyses to support business decisions and pricing strategies.
  • Collaborate with cross-functional teams to ensure alignment of pricing strategies with business objectives.

Requirements

  • 5+ years of experience in actuarial analysis, specifically in pricing personal lines insurance.
  • Strong analytical skills with the ability to interpret complex data sets.
  • Proficiency in actuarial software and statistical analysis tools.
  • Excellent communication skills to convey complex information to non-technical stakeholders.
  • Ability to work collaboratively in a team environment.

Nice-to-haves

  • Fellowship or Associate designation from a recognized actuarial society.
  • Experience with predictive modeling techniques.
  • Knowledge of regulatory requirements affecting personal lines insurance.

Benefits

  • Competitive salary range of $88-110K.
  • Hybrid work environment with options for remote work.
  • Opportunities for professional development and mentorship.
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