Director of Workers’ Compensation Actuarial Analytics

4 weeks ago


New York, United States Insurance Fund, State Full time

Minimum Qualifications Basic Qualifications:
• Associate or Fellow of Casualty Actuarial Society (ACAS, FCAS) and attained)*;
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field;
• Minimum of ten (10) years of actuarial experience; two (2) of which must be subsequent to obtaining the Associate or Fellowship designation and include responsibility for managing and/or directing all activities of an actuarial team.

*A PhD may be substituted for the actuarial credentials.

Preferred Qualifications:
• Strong managerial skills, team building, and organizational skills;
• Experience with change management and leading process improvements;
• Membership in the American Academy of Actuaries (MAAA).

Duties Description Description:
The Director of WC Actuarial Analytics will be responsible for leading the Research and Analytics team within the Actuarial Department.

Responsibilities may include but will not be limited to:

• Development of solutions to strategic business challenges through advanced modeling and analytical techniques, especially those related to developing actionable insights and data driven decisions.
• Partnering with leaders across the organization to develop strategies for the exploration and use of analytics to drive improvements in pricing, underwriting, risk management and claims.
• Providing leadership in the management and development of a team, setting priorities, goals and development plans to meet business goals and objectives.
• Leading the day-to-day work of the Analytics team, ensuring that projects achieve appropriate end points, and that status and results are communicated to business partners in a clear, concise manner.
• Ensuring analytical models are properly implemented with the highest level of buy-in from internal customers.
• Expanding analytical tools. methods and increasing the use of new data sources and data science techniques.
• Implementing best practices and repeatable processes that ensure consistent, quality delivery of modeling and analytics work from the team.
• Working with other teams to implement a data management strategy to support the continued evolution of state-of-the-art analytics work.
• Must be able to drive, manage and influence change.
• Perform all work in conformance with Actuarial Standards of Practice.

Technical/Functional Skills:
• Advanced understanding of current technical and statistical methods, tools and techniques
• Model-building and predictive analytics experience strongly preferred
• Team player with ability to build partnerships with staff and senior leadership
• Experience managing, manipulating and extracting key insights from raw data, both structured and unstructured
• Ability to guide business partners through complex situations using data and analytics
• Excellent communication, strategic and critical thinking skills
• Self-starter with a commitment to adhere to and implement best practices
• Knowledge and understanding of current and emerging statistical methods, trends, and technologies related to predictive analytics and worker’s compensation
• Familiarity with external data providers and sources


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