Manager, Actuarial - San Diego, CA, United States - GMMI, Inc.

    GMMI, Inc.
    GMMI, Inc. San Diego, CA, United States

    1 month ago

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    Description

    The North American branch of Generali Global Assistance offers a diverse and inclusive work environment while employees work towards making real difference in the lives of our clients.

    As an Organization, we pride ourselves with offering white glove service while being mindful of corporate responsibility and our environmental footprint.

    Competitive Paid Time Off policy
    Generous Employer contribution for health, dental and vision insurance
    Company paid short term and long term disability insurance
    Employee Assistance program
    Discounts on travel insurance

    Generali Global Assistance is proudly part of the Europ Assistance Group brand and our products utilize a number of corporate and product brands.

    The brands for our North American team include the following:


    CSA:
    US travel insurance brand for retail and lodging partners. Generali Global Assistance (GGA): The primary Corporate brand in the United States for our travel insurance, travel assistance, identity and cyber protection, and beneficiary companion products


    GMMI:
    the industry standard for global medical cost containment and medical risk management solutions


    Iris, Powered by Generali:
    identity and digital protection solution


    Trip Mate:
    US travel insurance brand for tour operator, cruise and airline partners.

    This position is responsible for managing the Pricing function for several segments of the Generali Global Assistance Travel Insurance Portfolio.

    It directs the work of senior actuarial analysts and develops junior analysts. This position is a technical expert on pricing, monitoring underwriting results, and other actuarial valuation functions. Must have proven track record of analytical tool development and automation.

    Responsible for planning and directing complex financial and actuarial activities in conjunction with product implementations by performing the duties listed below, personally or through staff.

    This position works with all management levels across the organization, and is a direct report to the Chief Insurance Officer.

    Performs analysis on profitability at a product and account level resulting in recommended actions to achieve company targets
    Works with Chief Insurance Officer in improving such methodology and quality of calculations by researching, developing and adopting most appropriate actuarial techniques for the company's type of business
    Advises Chief Insurance Officer when lines of business are performing poorly, identifying root causes and recommending strategies and tactics to improve performance
    Coordinates with Management Team, Sales, Product, Reserving and Finance to respond to product, account and market trends
    Supports the budget and forecasting process as needed by assessing impacts of changing rate levels
    Directs staff to continuously refine methods and models to determine pricing and profitability more accurately
    Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculation in insurance and services
    Contributes to EA Group projects and committees whose purpose is to refine pricing and profitability methodologies
    Product Development and Pricing Implementation
    Work with product implementations to develop and price new product features
    Assist in the Identification and recommendation of product features for prospective accounts
    Oversees the installation and initial quality assurance testing of product parameters, prices and commission models into Company's operating system
    Coordinates with Business Excellence, IT, Reconciliation and Product Team to develop creative solutions to implementation challenges in order to meet customer needs
    Management and Leadership
    Build and maintain a high performance team based culture through effective performance management, career development, communication and coaching of staff
    Manage all personnel activities of staff (i.e., hires, trains, rewards, motivates, disciplines, terminates, performance reviews, and pay discussions)
    Be a role model of CSA Travel Protection/EA USA corporate values and principles
    Two or more years in a leadership or management position
    Extensive knowledge concepts, practices and procedures in the field
    Bachelor's degree (B


    Travel Requirements:
    This is a hybrid role based out of our San Diego, CA office.

    As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.

    While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm).

    Occasional overtime may be required according to business need.

    At Generali Global Assistance, we are dedicated to building a diverse, inclusive and enriching workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways.

    California Residents - Privacy Notice for California Residents Seeking Employment with Generali Global Assistance is available here:

    Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy.

    Equal employment opportunity is provided to all employees and applicants for employment without regard age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law.

    This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training.

    All Company employees are responsible for complying with the Company's Equal Opportunity Policy. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.
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