The Senior Actuarial Analyst will provide research, analysis, and insights to support the Actuarial department. This incumbent will be a key resource in the coordination, oversight, and follow up on reserving and pricing processes.
Duties and Responsibilities
Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
Provide reserving support to Actuarial team for all lines of business
Assist in pricing and loss rating support to the Workers’ Compensation underwriting division
Produce and/or provide reviews for annual program reviews for all property and casualty divisions, including following up on recommendations
Perform management reporting and portfolio management functions
Assist with development and maintenance of pricing and/or reserving tools
Utilize various modeling tools
Monitor changes to aggregate pricing levels and profitability through periodic analyses
Prepare special reports, data compilations, analysis of Company and industry experience, as well as other ad hoc analysis requests
Compile statistical data and other pertinent information
Knowledge, Skills and Abilities
Strong insurance actuarial pricing and reserving skills
Proficiency using databases (SQL & Access)
Proficiency in MS Office (Word, Excel, Outlook)
Strong knowledge of underwriting techniques
Excellent written and verbal communication skills
Strong analytical skills
Ability to organize complex information and pay close attention to detail
Ability to work successfully as an individual contributor and in a team environment
Ability to travel occasionally, including overnight travel
Experience and Education
Bachelor’s degree in related field required
Minimum of four years of actuarial experience in the insurance industry required
Successful completion of three or more Casualty Actuarial Society exams required
Qualifications may warrant placement in a different job level
About Falls Lake Insurance Companies
Falls Lake Insurance Company is the specialty admitted segment of James River Group Holdings, Ltd. and has been named a Best Place to Work by Business Insurance 2015, 2016 and 2017.
We are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork.
James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A" (Excellent) by A.M. Best Company.