Senior Actuarial Analyst

2 months ago

Morristown, United States CoAction Full time
At Coaction, we're a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

Coaction is looking for talented and driven candidates who combine strategic thinking, technical skills, and pragmatic execution to drive results. Coaction is a specialty insurance company providing insurance solutions tailored to meet the needs of our insureds.

Coaction's Actuarial Department works with internal customers across a wide range of lines of business and subverticals, helping them to solve unique and complex problems. As an Actuarial Pricing Associate at Coaction, you will draw upon your strong mathematic, technical and problem-solving skills to analyze data and help our underwriters properly price business for the risks assumed.

This role requires strong technical, analytical, and actuarial acumen; the ability to communicate effectively to both technical and non-technical audiences; and the ability to collaborate with business partners across the organization.

Responsibilities
  • Evaluate business profitability, and provide recommendations for portfolio optimization
  • Design dashboards and key monitoring exhibits to track portfolio metrics and strategy execution
  • Utilize actuarial methodologies to solve business problems and drive results for a variety of Property and Casualty insurance products
  • Pricing of large accounts, using an array of actuarial pricing methods
  • Work as a member of a broader, cross-functional team to formulate and support business strategies for various products
  • Solve complex problems and develop innovative approaches with minimal supervision
  • Build and refurbish tools and models to streamline business processes and workflows
  • Mentor and provide training to junior analysts
  • Direct and complete large projects, utilizing resources from multiple disciplines


Qualifications
  • Near or recent ACAS/FCAS preferred
  • 3-5 years of actuarial experience
  • Minimum of 2 years of Property Pricing experience, with Binding Authority experience a plus
  • Willingness to challenge status-quo using creative solutions
  • Excellent quantitative, analytical and problem-solving skills
  • Strong verbal and written communication skills
  • Advanced M.S. Excel skills
  • Programming knowledge (VBA, SQL, Python, Tableau or others) preferable
  • Ability to distill complex concepts and communicate them clearly to non-technical business partners
  • Ability to manage large scale projects


This role is to be located in the Morristown, NJ office location.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction's policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.

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