| Description: |
P&C Healthcare Pricing Actuary opening in Missouri or Georgia. Conduct pricing analyses, implement actuarial pricing tools, produce pricing monitors, and perform other work as necessary to support the appropriate pricing of Healthcare businesses written in the US; interact with systems personnel, underwriters, claims staff, financial analysts, and external consultants. Main responsibilities include: Assist in evaluating the impact of alternative pricing model parameters, refinements to benchmark loss costs and industry curves, and pricing of new product; assist underwriters in creating value-added products and risk solutions; participate in the creation, maintenance and enhancement of tools to project expected losses and expenses for individual accounts and portfolio segments for primary business; develop account specific pricing with use of actuarial pricing tools, specifically to handle unique or unusual situations or large accounts with sufficient data to warrant actuarial evaluation; interact with underwriters promoting understanding, use and confidence in actuarial tools and analyses. Interact with brokers, reinsurers, customers, regulators, etc.; establish a knowledge management benchmarking system based on data inputs from underwriting, claims, clinical risk and other outside resources; facilitate the utilization of the results to enhance underwriting results; facilitate the utilization of the results to provide customer outputs and tools to enhance decision-making; monitor quality of data for price monitoring purposes and provide estimated rate change movements on underwritten business; identify pricing issues, if any, and track profitability and financial performance of select accounts, products and business segments; work across functional areas to assist in providing effective management information; prepare and analyze the information from internal and external actuarial databases and from the databases of the different pricing tools; assist with analysis of existing and proposed reinsurance structures for cost effective management of underwriting risk; participate on underwriting audits and work with the Reserving area to provide feedback to Executive Management. Near ACAS through FCAS with minimum of 10+ years of P&C actuarial work experience, most recently in medical malpractice insurance or hospital professional liability insurance; knowledge of and excellent capabilities with Microsoft platform including Excel, Word, and PowerPoint. Salary $open. (PR5307*) |