Sr Actuarial Analyst - MSI

Why MSI? We thrive on solving challenges. As a leading MGA, MSI combines deep underwriting expertise with insurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers’ unique needs. We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products – from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability and habitational property – delivered through agents, brokers, wholesalers and other brand partners.

Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. Bring on your challenges and let us show you how we build insurance better.

We are seeking a strong contributor with relevant experience for a Homeowners Actuarial role. The position includes responsibility for developing and maintaining pricing tools as well as preparing and completing pricing analyses for homeowners products countrywide. The candidate would report to the Lead Actuary.

The Actuary will work with the Product Management team on a regular basis to provide updates on state and countrywide profitability and perform analyses at a state and countrywide level exercising quantitative and analytical skills.

WHAT YOU'LL DO

As an Actuary, you’ll support our business through the following areas:

• Develop, prepare, and complete pricing analyses, including the development of rates, ultimate loss projections and communication of results
• Participate in development and update of Actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams
• Strong understanding and ability to discuss and apply the use of existing & new actuarial concepts/techniques involving exposure adjustments, trend, loss development, exposure rating, et al with some assistance/guidance
• Apply mathematical and statistical techniques to analyze profitability on a state basis, and work with other Actuaries and Product Managers to make recommendations on what actions can be taken to improve product performance
• Work closely with Product Managers to support introduction of new products, enhancements to existing products, and/or entry into new markets to reach company profit and growth targets including post implementation analysis of new product and product updates
• Collaborate with business partners throughout the organization on the rate and rule revision process, including confirming scope and timelines, preparing filings to be submitted to state insurance departments, coordinating responses to regulator questions, and implementing final revision changes
• Identification of data issues requiring specialized actuarial attention
• Pursue formal education via Casualty Actuarial Society (CAS) exams and continuing education
• Other duties as needed to support the Homeowners line of business

WHAT IT TAKES

• Minimum of 2 actuarial exams completed, with continued commitment to the credentialing process.
• 1 or more years of experience in primary insurance pricing, with experience developing/working on pricing indications in Personal Home preferred.
• Strong technical actuarial skills and strong knowledge and understanding of rating models.
• Strong interpersonal skills. Ability to influence and negotiate with others and create acceptance for proposals.
• Well organized with a high level of accuracy and a strong attention to detail
• Desire to solve problems and think analytically
• Skilled in linking multiple data sources to organize data into a logical format for analysis.
• Experience with SQL and R or Python required, in addition, intermediate to advanced skills in Microsoft Excel is required
• Self-motivated with a can-do attitude
• Ability to work as a team player to deliver results effectively and efficiently to a variety of customers

Personal Qualifications:

The candidate selected for this position will be a creative, out-of-the-box thinker who is intellectually curious with a demonstrated interest in learning. This person will also need to be a self-motivated, high-energy individual who can easily function in a fast-paced, performance-driven environment. He/she must be accustomed to working on multiple tasks in parallel and committed to meeting deadlines, including some with short time frames. This professional must demonstrate strong leadership skills, including the ability to gain credibility with and influence both team members and management.

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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.