Leader in Training, Actuarial Analyst
3 weeks ago
ACTUARIAL ANALYST
As an Actuarial Analyst grad trainee in our Core Leaders in Training program, you will be based in either downtown Chicago, Illinois or at our corporate headquarters in Cincinnati, Ohio. Our Actuarial trainees will have two 18-month rotations during the program, one rotation will be in Pricing and the other will be in Reserving.
KEY ACCOUNTABILIITES AND DELIVERABLES:
- Perform under supervision Quarterly Reserve Reviews (and ad-hoc analysis as needed) for assigned product groups to ensure that adequate reserves are recorded and correctly reported at each quarter-end.
- Help ensure all regulatory requirements related to loss reserves are met in a timely fashion.
- Collaborate with Pricing, Claims, and Underwriting on quarterly deep dive reviews on select reserve segments.
- Aid in the development and delivery of analysis findings to senior leadership and business partners such that key drivers of results are understood, and appropriate business decisions are made based on those findings.
- Help ensure that the company's reserving SOX controls are appropriately applied and documented in a timely manner to ensure quality and accuracy in reserving analyses.
- Help develop, monitor, and report out on monthly metrics to identify any trends in claim emergence. Wherever possible, utilize data visualization techniques to help communicate trends and insights more effectively.
- Provide actuarial subject matter expertise and guidance to support the successful implementation of new financial accounting system.
- Annually, assist in peer review of key assumptions as well as the loss ratio analysis developed by Pricing for the upcoming Plan.
- In addition to the above key responsibilities, you may be required to undertake other related duties from time to time as the Company may reasonably require.
- Must have passed at least 2 actuarial exams
- Must be a college senior or graduate student for the academic year or an early career actuarial analyst.
- Will have successfully completed either a bachelor's or master's degree by May, 2024.
- Must be eligible to work in the U.S. without current or future sponsorship.
This position is part of our Core Specialty Leaders in Training, leadership development program. This is an exciting, full-time rotational program for graduating university seniors and early career professionals.
The Core Specialty Leaders in Training Program is a two-year, three rotation program designed to help you develop the technical competencies and leadership acumen to kick-start your career. You'll have the opportunity to do a deep dive and build expertise in your chosen track by getting to experience rotations in different areas of your function.
You worked hard to achieve your dream of obtaining a college degree, now it's time to do the same as you launch your career in Core Specialty's Leaders in Training Program. We believe that the best way to figure out where you want to go in life is to try new things. Let us give you the opportunity to explore an exciting career path in a supportive and encouraging environment where every ambition is within reach.
Our Leaders in Training program is designed to help you build your career as a leader of tomorrow. As a participant in this program, you will have the opportunity to build deep professional, company and industry expertise through meaningful assignments, networking and real-world experiences.
OUR BENEFITS
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
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