Actuarial Analyst
4 weeks ago
Old Republic International Corporation has a rich history dating back to 1923. As one of America's 50 largest shareholder-owned insurance businesses, we rank among the Fortune 500 list of the nation's biggest companies. Our primary focus is on commercial lines underwriting, serving the insurance needs of numerous organizations, including leading industrial and financial services institutions.
Actuarial Analyst RoleThis exciting opportunity allows you to enter our Actuarial development track and join a high-performing Actuarial department within a reputable organization. As an Actuarial Analyst, you will be responsible for assisting a team of actuaries with pricing analyses and reserve analyses for various property-casualty commercial lines. You will work primarily in support of the ORRM large account and alternative risk group.
Key Responsibilities- Assist actuarial team with data preparation for pricing and reserving projects in a high-production environment
- Develop rate level indications and other information in support of compliance filings
- Review and analyze renewal submissions for data consistency and accuracy, identifying and resolving discrepancies in data
- Scrub and summarize historical loss data provided in a wide range of file formats
- Perform quality reviews of other consultants' work
- Complete basic pricing and reserving projects
- Prioritize multiple projects simultaneously
- Assist in maintaining and updating existing pricing models
- Gain familiarity with various internal and external data sources
- Bachelor's degree from a four-year college or university
- Successful completion of at least one actuarial exam
- Demonstrated problem-solving and analytical abilities
- Strong planning, organization, and time management skills
- Excellent communication skills on multiple platforms and customer service skills
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Attention to detail
- Ability to work in a team environment
- Successful completion of an actuarial or business internship preferred
- Strong working knowledge of Microsoft Office products, especially Excel
We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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