Actuary - P&C Insurance Pricing

1 week ago


Bala Cynwyd PA United States Global Indemnity Full time

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses - and we're on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.

Ensure you read the information regarding this opportunity thoroughly before making an application.

What GBLI offers you:

Generous paid time off (PTO)
Professional development opportunities (including a mentorship program)
Educational assistance program, which covers up to $5,250 in educational costs per year
Comprehensive health insurance plan (with vision and dental)
Paid Parental Leave
Life insurance
401(k) retirement plan with up to 6% company match and immediate vesting
Healthcare and dependent care flexible spending accounts
Short-term and long-term disability
Company-sponsored social events
Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, and Charitable Giving Committee

Essential Duties & Functions

Evaluation of new program opportunities, using information provided and various actuarial methodologies.
Collaborate with functional teams, such as Underwriting, Product Management, Finance, Claims to support profitability of existing business and expansion of product offerings.
Analysis of internal and industry/competitor data such as increased limit factors, loss trend, exposure trend, loss development factors, industry loss costs and various rating factors.
Design business insights tools and reports to monitor company initiatives.
Performing large account pricing for various products as needed.
Complete analysis for admitted products and support state filing work as needed.

Qualifications

Bachelor's degree in Actuarial Science, Mathematics or related field required.
2+ years of professional property & casualty actuarial experience, pricing, rate making experience preferred
Active participant in CAS actuarial track with 2+ completed exams
Effective written and oral communication skills. Growing ability to interact professionally with all levels of management and other departments as well as make recommendations
Broader insurance business knowledge and expertise in multiple lines
Strong analytical skills with the ability to synthesize date from a number of sources
Ability to think critically to solve work related problems with creativity
Strong technical skills in Microsoft office and SQL preferred

Job Type: Full-time

Benefits:
* 401(k)
* 401(k) matching
* AD&D insurance
* Dental insurance
* Disability insurance
* Employee assistance program
* Flexible spending account
* Health insurance
* Health savings account
* Life insurance
* Paid parental leave
* Paid time off
* Parental leave
* Professional development assistance
* Referral program
* Tuition reimbursement
* Vision insurance
Schedule:
* 8 hour shift

Work Location: In person



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