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    Director of Workers' Compensation Actuarial Analytics - New York, United States - Insurance Fund, State

    Insurance Fund, State
    Insurance Fund, State New York, United States

    2 weeks ago

    Default job background
    Full time
    Description

    Minimum Qualifications Basic Qualifications:

    • Associate or Fellow of Casualty Actuarial Society (ACAS, FCAS) and attained)*;
    • Bachelor's degree in Actuarial Science, Mathematics, Statistics or a related field;
    • Minimum of ten (10) years of actuarial experience; two (2) of which must be subsequent to obtaining the Associate or Fellowship designation and include responsibility for managing and/or directing all activities of an actuarial team.
    *A PhD may be substituted for the actuarial credentials.


    Preferred Qualifications:

    • Strong managerial skills, team building, and organizational skills;
    • Experience with change management and leading process improvements;
    • Membership in the American Academy of Actuaries (MAAA).

    Duties Description Description:

    The Director of WC Actuarial Analytics will be responsible for leading the Research and Analytics team within the Actuarial Department.


    Responsibilities may include but will not be limited to:


    • Development of solutions to strategic business challenges through advanced modeling and analytical techniques, especially those related to developing actionable insights and data driven decisions.
    • Partnering with leaders across the organization to develop strategies for the exploration and use of analytics to drive improvements in pricing, underwriting, risk management and claims.
    • Providing leadership in the management and development of a team, setting priorities, goals and development plans to meet business goals and objectives.
    • Leading the day-to-day work of the Analytics team, ensuring that projects achieve appropriate end points, and that status and results are communicated to business partners in a clear, concise manner.
    • Ensuring analytical models are properly implemented with the highest level of buy-in from internal customers.
    • Expanding analytical tools. methods and increasing the use of new data sources and data science techniques.
    • Implementing best practices and repeatable processes that ensure consistent, quality delivery of modeling and analytics work from the team.
    • Working with other teams to implement a data management strategy to support the continued evolution of state-of-the-art analytics work.
    • Must be able to drive, manage and influence change.
    • Perform all work in conformance with Actuarial Standards of Practice.

    Technical/Functional Skills:

    • Advanced understanding of current technical and statistical methods, tools and techniques
    • Model-building and predictive analytics experience strongly preferred
    • Team player with ability to build partnerships with staff and senior leadership
    • Experience managing, manipulating and extracting key insights from raw data, both structured and unstructured
    • Ability to guide business partners through complex situations using data and analytics
    • Excellent communication, strategic and critical thinking skills
    • Self-starter with a commitment to adhere to and implement best practices
    • Knowledge and understanding of current and emerging statistical methods, trends, and technologies related to predictive analytics and worker's compensation
    • Familiarity with external data providers and sources
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