Key Facts

Remote From:

Illinois (USA)

Category: Actuary

Full time

Senior (5-10 years)

English

Hard Skills

C (Programming Language) Actuarial Science Strategic Management

Roles & Responsibilities

A minimum of 5+ years of relevant experience
Experience in the Property/Casualty Insurance industry
Completed coursework to attain ACAS credential
Currently working towards FCAS requirements

Requirements:

Research and analyze data to produce rate adjustment proposals, reserve estimates, or economic capital models
Provide actuarial support for filings with state insurance departments
Implement new rates and rating plans, utilizing existing procedures and recommending improvements
Analyze data to develop and propose strategic solutions for actuarial or product line management

MDA Edge

About MDA Edge

Our objective is to establish an exceptional ecosystem by connecting individuals, technology, and prospects through the application of human intelligence.MDA Edge is a process-oriented company and our expertise lies in providing comprehensive Workforce Solutions, specifically focusing on Contingent Staffing, Bulk/Project Staffing, RPO/KPO/BPO, and Direct Hire services. We cater to a wide range of industries, including Infrastructure Consulting, Engineering Consulting, IT Consulting, Healthcare, Life Sciences, Pharmaceutical Consulting, Consumer Goods, Education, Transportation & Logistics, Media & Entertainment, Telecom, BFSI, Manufacturing, Utilities & Energies, and Corporate Recruitment. Moreover, we have developed a dedicated focus on Government Consulting.Our company prides itself on a meticulous approach, ensuring that we meet your specific needs. We have established a robust network of highly skilled professionals who are readily available to fulfill your requirements. With a strong commitment to excellence, we consistently deliver exceptional results for clients in India, Denmark, France, Germany, Ireland, Japan, Spain, Thailand, the USA, Canada and Mexico, with ongoing expansion efforts to serve more new regions in the near future.We consistently uphold the highest standards of quality by providing resources, time, and materials to design, implement, and support efficient operations for organizations. Our track record of measurable accomplishments demonstrates our commitment to cultivating a balanced work and societal ecosystem.Our continuous growth, successful customer engagements, and strong customer retention exemplify our achievements. Furthermore, our passion lies in streamlining complex business processes through the application of suitable technology, which has been integral to our success.We extend an invitation to join our dynamic workplace, offering rapid growth opportunities, excellent employee benefits, and a positive work-life balance.

Company type: Scaleup

Founded: 2018

Company size: 201 - 500

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Job description

Position Overview: This role focuses on researching and analyzing various types of data to develop solutions for actuarial and product line management. The individual will use existing procedures—and recommend changes where appropriate—to produce rate adjustment proposals, reserve estimates, or economic capital models. Additionally, they will provide actuarial support for state insurance department filings, assist in implementing new rates and rating plans, and research data for special projects within a defined scope. The position also includes serving as the Property/Casualty Actuarial representative on assigned project committees.
Key Responsibilities:

Research and analyze data to produce rate adjustment proposals, reserve estimates, or economic capital models.
Provide actuarial support for filings with state insurance departments.
Implement new rates and rating plans, utilizing existing procedures and recommending improvements where appropriate.
Analyze data to develop and propose strategic solutions for actuarial or product line management.
Conduct data research and analysis for special, defined-scope projects.
Serve as the Property/Casualty Actuarial representative on assigned project committees.
Actively pursue a Casualty Actuarial Society designation (at least through the ACAS level) and maintain appropriate Continuing Education credits to preserve actuarial credentials.

Qualifications & Requirements:

Experience: A minimum of 5+ years of relevant experience, or an equivalent combination of related experience, education, and training.
Industry Knowledge: Experience in the Property/Casualty Insurance industry is required.
Credentials: Most senior-level candidates/incumbents have completed the coursework to attain their ACAS credential and are currently working towards fulfilling their FCAS requirements.

Preferred Skills:

Preference will be given to candidates with prior Auto and Home pricing experience, though applicants with other property/casualty backgrounds will be fully considered.