Pricing Actuary/Modeler, Commercial Lines

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Collaborate with other team members to achieve the following goals. Parameterize UW Risk excluding natural catastrophe risk Build and maintain UW risk models and output exhibits Develop new solutions and improvements for statistical models and processes used to calculate these inputs Maintain clear and concise documentation of methods and activities Implement timely and practical solutions to complex problems Validate model parameterization and model function Collaborate with Underwriting and Actuarial to understand the business and guide development of Risk Analytics tools that accurately reflect the business Communicate processes and parameterization results to stakeholders outside of the team Bachelor's degree or higher in Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar required Minimum 5-7 years relevant experience required Very strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standards Expert in MS Excel and experience coding; Experience working with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python preferred Experience with stochastic financial modeling and forecasting preferred Experience parameterizing reserve risk and UW risk preferred Comfort with solving new problems and generating ideas for improving existing processes Experience communicating analysis and technical concepts Competencies typically acquired through a Bachelor`s degree in a quantitative field Advanced degree (MBA) and/or professional qualification in one or more areas of risk management is preferred, and 8 to 10 years of relevant experience Additionally, excellent quantitative analysis and modeling skills are required, in addition to significant experience in an analytical capacity (financial analysis, product management, actuarial, underwriting, etc) Working knowledge of ERM-related regulatory frameworks (Solvency II, NAIC ORSA, ComFrame) is a plus Very strong understanding of the risk characteristics of insurance industry required Excellent understanding of basic financial concepts and metrics, including financial statement analysis require

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