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Arthur J. Glatfelter Agency, Inc. Actuarial Analyst in New York, New York

Work closely with underwriting to develop pricing targets that align with underwriting strategies. Identify pockets of opportunity for profitable growth and profitability-challenged areas. Monitor loss/exposure trends and relevant industry/regulatory changes, and effectively communicate to underwriters and actuarial management. Complete new business program pricing and complete regular profitability studies on each program. Support the quarterly reserving process and explain the reserve development to underwriters and stakeholders. Work with finance to provide loss ratios by program and by line of business for the budgeting process and the three-year strategic direction process. Modernize components of the ratemaking, monitoring, and reserving processes through the use of common programming languages. Maintain end-user friendly tools. Work with Operations and Product Development to ensure adequate rate levels are achieved in filings. Ensure that all account pricing requests are managed and completed in a timely and professional manner. Monitor adherence to appropriate procedures and methodologies. Work with underwriting to price large accounts as needed. Conduct training sessions on actuarial topics, account pricing methodologies, loss trends, industry issues impacting account pricing, and updates to pricing models for underwriters and stakeholders. Work with leadership to create claims diagnostics, tools to identify trends, and dashboards. Analyze the profitability by line of the business and in total. Work with SQL, R, and Python programming; commercial insurance lines of business; commercial ratemaking procedures; evaluating pricing tools; modernizing actuarial and underwriting tools; building performance diagnostics and dashboards; large account pricing; and analytics and modeling techniques.REQUIREMENTS: Bachelor’s degree in Mathematics, Statistics, Actuarial Science, or a related field of study, plus two (2) years of experience SQL, R, and Python programming; commercial insurance lines of business; commercial ratemaking procedures; evaluating pricing tools; modernizing actuarial and underwriting tools; building performance diagnostics and dashboards; large account pricing; and analytics and modeling techniques. Passage of at least four (4) Casualty Actuarial Society (CAS) examinations is required. Telecommuting is permitted.

Minimum Salary: 86029 Maximum Salary: 138900 Salary Unit: Yearly

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