Actuarial Analyst

Job Summary: 

This position is responsible for providing critical analysis and internal reporting for companywide processes such as reserving, forecasting, portfolio analyses, and miscellaneous supporting initiatives. This position will support all business lines with visibility to actuarial group with holding company and is a direct report to the Manager of Pricing.    

Principal Duties and Responsibilities:  

• Analyze data and asses risk through the use of statistical modeling 

• Provide data to support underwriting decision-making 

• Assist with analysis on project initiatives 

• Perform statistical data analysis in support of new product development 

• Utilize pricing and financial analysis software for data entry and output reporting 

• Gather and compile statistical data to develop report facilitating and supporting pricing, reinsurance reporting, and valuation function 

• Review and analyze aggregate actuarial studies for trends and recommendation of strategy 

 Required / Desired Knowledge, Experiences and Skills: 

• 2 – 4 years related actuarial experience 

• Reserving principles including understanding the reserving process and financial impacts 

• Understanding of pricing principles used to bridge the gap between a true prospective view on profitability with a current and future financial year outlook 

• Clear communication skills which connect the technical outputs to marketing and distribution goals  

Education/Certifications: 

• Bachelor's degree (B.S.) in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required, or related degree 

• ACAS/FCAS attained, or in progress  

Physical Working Environment: 

While performing the duties of this job, the employee is required to stand; walk; sit for long periods of time; use of hands to grasp, handle, or feel; reach with hands and arms; finger dexterity; talk; hear. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. 

The above statements are intended to describe the general nature of work being performed by people assigned to this classification.  They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of employees so classified. 

GMMI is an Equal Opportunity Employer M/F/Disability/Veteran