Actuarial Pricing Associate Lead
2 days ago
Coaction is a specialty insurance company providing innovative insurance solutions tailored to meet the diverse needs of our clients. Our unique blend of leaders, achievers, thinkers, and team players drives us to continually push the boundaries of what insurance can be.
Job SummaryWe are seeking a highly skilled Actuarial Pricing Associate Lead to join our Actuarial Department in Morristown, NJ. As an integral member of our cross-functional team, you will draw upon your strong mathematical, technical, and problem-solving skills to analyze data and help our underwriters properly price business for the risks assumed.
Key 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 complex business problems and drive results for various 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.
- 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 located in our Morristown, NJ office.
Equal Opportunity Employer:Coaction is an Equal Employment Opportunity employer and welcomes applicants from diverse backgrounds. We are committed to creating an inclusive environment where all employees feel valued and respected.
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