Actuarial Loss Analytics Director - Conshohocken, United States - NSM Insurance Group, LLC

NSM Insurance Group, LLC

Verified Company

Conshohocken, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

NSM Insurance Group is a global specialty insurance provider with more than $1.6 billion in premium across 25+ specialty insurance programs and brands around the world.

Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.

Relationships are paramount at NSM because we know that's what drives mutual, long-term success.

We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives.

Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks.

Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.

At NSM, we Build Success every day for our people, carrier partners, agents and insureds — because we know our success is built on yours.

Responsibilities:

Lead the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures while assessing the product through quarterly reviews.
Oversee the preparation of actuarial reports, financial statements, and regulatory filings and assist in the development of financial budgets, forecasts, and other financial projections.
Research and select major rating assumptions to support accurate statistical analysis and evaluate the effectiveness of existing rating plans.
Evaluate product performance against established profitability targets and recommend modifications.
Partner with IT and Strategy and Analytics teams to bring efficiencies to and modernize current data processes as well as enhance analytical capabilities.
Assist with and/or lead quarterly indepth analysis for several business divisions, with intended discussions around assumptions and uncertainty, including presentation to executives, development of ongoing forecast process together with input on trend and plan projections.
Collaborate closely with business division leaders, underwriting and claims to identify loss trends and emerging issues that could impact results and assist in developing proposals for corrective action.
Assist with developing tools, metrics, and dashboards to inform and support the quarterly result and drivers behind it.

Qualifications:

Bachelor's degree required in Mathematics, Statistics, Actuarial Science, Economics.
Having passed actuarial exams, administered by professional organizations such as the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS).
Associate or Fellow of the Casualty Actuarial Society (CAS), preferred.
Corporate Actuarial experience, at least 68 years.
Previous team management experience required.
Skilled project leader able to manage multiple priorities and direct work through others.
Ability to establish and build effective relationships within the organization.