| Description: |
Quantitative Actuarial Analyst opening in Southeast. Conduct quantitative analyses and build predictive models and quantitative tools from question formulation to presentation of outcomes. Responsible for: analyzing relevant business strategies and developing models, using appropriate PC applications and ensure that appropriate consistency across various models developed is maintained; play a key part in identifying issues, determining areas in need of analysis, developing analytical solutions, and turning business ideas into quantitative formulations; significantly improve the analytical capabilities of the area; proactively assist in the identification of risks in new product concepts, develop pricing models, assess reserving and capital requirements, and facilitate decision making; participate and contribute to the thought process involved in aligning the quantitative analysis skills to new product concepts; develop pricing models for new product concepts; develop models that will identify and analyze inherent risks, reserve and capital requirements for new product concepts; work closely with other associates, and external sources to determine appropriate underlying assumptions; perform basic model validation review of pricing, valuation, and capital models; communicate and present results. Experience in financial modeling (e.g., partial differential equations, option pricing theory, Monte Carlo simulation, Value-at-Risk, econometric analysis, etc.) preferred. ASA/New FSA with at least 5 years of insurance actuarial experience, including 2+ years in a pricing and product development role; reinsurance industry experience preferred. Salary $open. (PR5070*) |