Job description
Job Objectives
Allied World has a position available in its Actuarial Department. The actuary will interact throughout Allied World U.S. and will work with other actuaries, underwriters, IT and claims personnel. The actuary will play an important role in the Programs Division of the Actuarial Department and will perform various types of actuarial analyses, rating analyses, profitability reviews and special projects. Assigned responsibilities will include:
Duties and Responsibilities
- Provide Actuarial support for programs and product lines as assigned; develop and/or maintain rates, rating factors and rating models.
- Monitor profitability through actuarial analyses and price monitoring.
- Work with others to develop rating specifications for strategic systems.
- Prepare rate filings as needed.
- Promote data completeness and quality, help to identify information needs, develop reports and provide actuarial analyses.
- Evaluate new initiatives and program opportunities.
- Participate in the planning process as needed.
- Prepare information for reinsurance renewals.
- Special projects as assigned.
- Support a broad range of product pricing, reporting, planning and reinsurance support functions.
Associateship of the Casualty Actuarial Society (ACAS) or near ACAS preferred with at least 5 years of experience in the Property & Casualty insurance industry.
- Bachelor’s degree in actuarial science, mathematics, computer science or other technical major preferred.
- Advanced skills with Excel, Access and Word; familiarity with SAS.
- Working knowledge of insurance data coding structures and concepts.
- Strong communication skills.
Our Business
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation , military, veteran status, disability or any other characteristic protected by law.
To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.
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