Actuary in Harleysville, PA at Pyramid Consulting, Inc

Date Posted: 7/29/2020

Job Snapshot

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    Not Specified
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Job Description

Immediate need for a talented Actuary with experience in the Insurance Industry.
This is a 06+ Months Contract opportunity with long-term potential and is located in Harleysville,PA. Please review the job description below.
Job ID: 20-21521
Key Responsibilities:
  • The determination of pricing structure and premiums, the evaluation of new product ideas, the preparation, analysis and interpretation of product line financials, testing reserve adequacy, cash flow analysis, investment strategy, risk and capital management analysis, and/or other NF actuarial science and research for a segment or unit of a product group, business, or market segment.
  • Regularly consults actuarial management on actuarial, mathematical, or risk management techniques in determining the appropriate courses of action.
  • Will be proficiently performing and assisting in, and potentially leading a variety of Actuarial tasks which may include: data compilation and analysis, illustrations, model development, financial reporting and analysis, pricing, risk and reinsurance analysis, reserving/valuation and other duties as assigned. 
  • Compiles, categorizes & analyzes data.
  •  Leads in Illustrating/reproposals for products and testing illustration software.
  •  Builds, maintains, runs, and analyzes actuarial Models, using good knowledge of actuarial projection and/or valuation models such that the models can be optimized to support multiple applications.
  • Performs financial reporting & analysis.
  • Performs pricing of products. 
  • Performs the analysis of risks for lines of business.
  • Establishes and understands reserves using in-depth knowledge and application of statutory, GAAP, and tax valuation standards for products. 
  • Analyzes reinsurance opportunities and recommends solutions.
  • Performs other duties as assigned.

Key Requirements and Technology Experience:
  • Undergraduate degree in Actuarial Science, Mathematics, Statistics, or similar background requiring modeling, programming, or quantitative analysis.
  •  At least six years of Actuarial experience and Actuarial Council approval.
  • Knowledge: In-depth knowledge of actuarial business functions, statistical methods of analysis, company actuarial systems and databases, and their integration; technical facility with leading computer tools and technology.
  • Knowledgeable of actuarial viewpoint in a wide variety of actuarial subjects, and in Company, Industry, and Regulatory practices.
  • Knowledgeable and comfortable with company operations, products, systems and actuarial methodologies.
  • Master/Expert in Microsoft Office products (including VBA within Access and Excel), programming languages and Actuarial models.
  • Basic level of organizational agility, command skills, strategic agility, and motivating others. Proficient level of delegation, perspective, dealing with ambiguity, customer focus, drive for results, business perspective, and accounting.
  • Mastery level of problem solving, learning on the fly, analysis, and leveraging system capabilities.
Our client is a leading Insurance Industry and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.