The Supervising Actuary Casualty manages and leads the Actuarial Pricing team, clarifies job responsibilities and performance expectations, establishes goals and job competencies, identifies skill gaps, creates development plans, coaches and mentors on a continuous basis, and provides performance evaluations.
As the Supervising Actuary, you will:
Design, implement, and oversee a continuous process of rate and price monitoring to ensure actuarial soundness in the rates and price charges.Work with underwriting and senior management to develop sound rate and pricing recommendations.Analyze and communicate the impact of the latest industry loss cost filings.Oversee the maintenance and monitoring of large account pricing models, including evaluating the performance of the models and updating parameters as needed.Oversee the pricing of specialized products such as retrospective rating plans, large deductibles, and other products.Conduct segment profitability analysis to identify profitability trends by business segment and investigate alternative approaches to segmentation.Advise and assist business partners with actuarial and mathematical techniques and complete analytical assignments to support business decision-making.Provide actuarial guidance in support of predictive modeling efforts.Represent the WC Fund on actuarial committees.Work with and provide guidance to external consultants on matters involving ratemaking, individual account pricing, group pricing, underwriting, capital modeling, and asset management.Perform all work in accordance with Actuarial Standards of Practice as promulgated by the Actuarial Standards Board.Remain current with respect to new approaches and methods utilized in ratemaking and reserving.Testify as an expert witness on and assist in the evaluation of proposed regulations and legislation, including the estimation of premium and/or loss impacts on the firm and its customers.Qualifications
- 5+ years of actuarial experience
- Successful completion of at least five examinations from the Casualty Actuarial Society
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