Consulting - Actuarial Analyst - Regulatory Insurance

RSM Farmington , CT 06030

Posted 1 week ago

Actuarial Analyst

Risk & Regulatory Consulting, LLC

Farmington, CT

Position Overview

As an Actuarial Analyst, you will work with a team of industry professionals on regulatory consulting engagements involving actuarial topics such as pricing, reserving, modeling, and risk management. This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

  • Evaluate reserve analysis from a regulatory or audit perspective, and in some cases perform detailed independent reserve testing

  • Participate in regulatory reviews of rate and form filings

  • Understand pricing trends and adequacy that will impact reserve estimates

  • Monitor and examine profitability at a granular level

  • Monitor rate, exposure, retention, new, lost business changes

  • Monitor trends and relevant industry/regulatory changes and effectively communicate to management

  • Analyze cost/severity and utilization/frequency data using spreadsheets and databases

  • Review, organize and analyze statistical data

  • Support analysis of risk exposures, stress testing, and assessment of prospective solvency

  • Draft client communications

  • Assist with project management

Requirements

  • Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics; MBA and/or professional certification/s preferred

  • Minimum of 3-5 years actuarial experience insurance company, financial services or consulting firm

  • Successful completion of actuarial exams

  • Strong analytical and problem solving skills

  • Work well both independently and as part of a team

  • Dynamic/flexible demeanor with exceptional client service skills

  • Proficiency in Excel, Access, VBA, SAS, R or other programming languages preferred

  • Effective time management skill

  • Excellent written and verbal communication, presentation, and interpersonal skills

  • Ability to interact with all levels including executives and senior managers

  • Ability to travel, as needed

  • Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments

  • Forward-thinking with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource

  • Must be self-motivated and possess a sense of urgency

  • Ability to demonstrate ethical and professional standards as outlined by the Firm

You want your next step to be the right one. You've worked hard to get where you are today. And now you're ready to use your unique skills, talents and personality to achieve great things. RSM is a place where you are valued as an individual, mentored as a future leader, and recognized for your accomplishments and potential. Working directly with clients, key decision makers and business owners across various industries and geographies, you'll move quickly along the learning curve and our clients will benefit from your fresh perspective.

Experience RSM US. Experience the power of being understood.

RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.

Job ID req8660

Line of Business: Consulting Services

SubFunction: RAS AML & Reg Compliance

Job Type: Full Time

Req #: req8660

Location: 20 Batterson Park Road, Suite 380, Farmington, CT US

Region: National

Job Category: Business Consulting/Technology

Employment Type: Experienced

Degree Required: Bachelor

Travel: No


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Consulting - Actuarial Analyst - Regulatory Insurance

RSM