Actuarial Analyst
Greater New York Insurance Companies · New York City, New York, US
Job Location: NEW YORK HEADQUARTERS - NEW YORK, NY 10118Job Category: InsurancePredominately remote position with a requirement to be in the NYC office every...
Job description
Job DetailsJob Location: NEW YORK HEADQUARTERS - NEW YORK, NY 10118Job Category: InsurancePredominately remote position with a requirement to be in the NYC office every Wednesday. Position Summary: The purpose of this job is to conduct profitability and loss trends analyses, perform ISO rate impact analyses, conduct competitor analyses and support statewide rate filings to ensure pricing adequacy and business profitability using actuarial methodologies. This role also assists in integrating pricing tools and actuarial analyses by utilizing AI and visualization tools. Essential Duties and Responsibilities: Perform ratemaking process for state rate filings by using AI and advanced programming skills for commercial lines of business, including Commercial Property, General Liability, Workers Compensation and Commercial Auto. Perform industry and company profitability analyses as well as loss trends analyses. Perform ISO circular rate impact analysis for various states. Assist in integrating actuarial results by using AI and data visualization tools (e.g. PowerBI) to facilitate communications with senior management and underwriters. Conduct competitor analyses through research of releva...