Location: Houston, TX office Hybrid (4:1) What We Offer - Competitive salary and employee benefit package
- Strong learning culture
- Growth perspectives
- 6% 401K match
- 20 days of PTO and 2 Floating Days
- Paid parental leave
- An opportunity to love what you do
Job Summary Under immediate supervision, assists with data gathering and organization, preparing pricing analyses, reserve analyses, experience, and profitability reviews and/or state rate filings in support of the business unit.
Key Responsibilities Intro Relying on instructions and pre-established guidelines, this role is responsible for accomplishing the following assignments as guided by others. These assignments are varied in nature.
Key Responsibilities - Support activities with respect to data preparation and integration
- Prepare routine data reports and submissions
- Build and improve on the availability, integrity, accuracy, and reliability of data and data pipelines
- Regularly monitor issues surrounding Actuarial data and processes, making sure solutions continue to work and are well documented
- Identify opportunities for automation and implement with supervisor approval
- Prepare rate filings, working cooperatively with other areas such as Underwriting and Compliance
- Assist in preparing rate indications and recommendations
- Assist with monitoring price levels and profitability through periodic analyses
- Assist in developing and delivering tools to drive appropriate portfolio and policy level decision making
- Assist in product development by estimating impacts of new or enhanced coverages and preparing rate pages and filing support
- Assist with loss and LAE reserve analyses
- Develop a foundational knowledge of the functions performed by the Actuarial department and how the department relates to other functional areas of the organization
Competencies Planning
Follow work plans, established timelines, and predefined goals for assigned work.
Meet commitments on deadlines.
Communication
Communicate activities and results with employees and management as appropriate.
Cost Management
Perform work thoroughly in a cost-efficient manner and at a high productivity level.
Business Controls and Policies
Comply with all corporate policies and procedures.
Report any breakdown in controls to management.
Conduct all activities in a safe manner.
People Management
No people management responsibility.
Requirements - Minimum 4 Year / Bachelors Degree of Actuarial Science, Mathematics, Statistics, a related field, or the equivalent education and/or experience.
- Minimum 2 years of relevant and progressive professional experience.
- Minimum up to four actuarial exams, preferred at least two CAS exams.
Other - Experience with data management, programming, or analytics, preferably in insurance or related field
- Knowledge of data analysis, actuarial principles, and an understanding of data interdependencies
- Ability to work with business end-users within Actuarial, UW and Claims, at all levels of the organization including senior leadership
- Detail oriented, diligent, and thorough
- Requires strong analytical and problem-solving skills and a commitment to developing an actuarial knowledge base
- Good written and verbal communication skills
- Good organizational skills; demonstrated ability to manage multiple tasks simultaneously
- Proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)
- Experience with programming languages or statistical modeling packages (e.g., R, Python, etc.)
- Proficiency and experience using Microsoft SQL Server Management Studio and designing and improving queries using T-SQL
Equal Opportunity Employer Tokio Marine HCC is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.