Jobs

    Associate Actuary - Not specified, United States - The Doctors Company

    The Doctors Company
    The Doctors Company Not specified, United States

    3 weeks ago

    Default job background
    Full time
    Description
    The Doctors Company Pricing Actuary team has an opportunity for an Associate Actuary. This is a hybrid or remote opportunity depending on the final candidate's location from the company's offices.

    Independent contributor position responsible for performing independent analyses of rate adequacy for both admitted products and large accounts using standard and advanced Actuarial techniques. The ideal candidate for this position will have experience with pricing in professional liability lines (specifically medical professional liability), as well as experience submitting rate filings and responding to objections. This position will also complete internal pricing studies. Employee may manage projects and check the work of other junior level analysts in this role.

    The employee in this position will work highly independently under general supervision and typically requires minimal direction regarding specific information resources, strategies, and methods for completing projects. Contacts are other employees.

    This position is open to candidates with their ACAS or FCAS credential.

    Qualifications
    • Five (5) to ten (10) years of actuarial property/casualty experience.
    • Bachelor's degree in Math, Statistics, or Business/Finance with quantitative emphasis or equivalent combination of education and experience.
    • ACAS or FCAS credential
    • Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
    • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.
    • Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases. Ability to deal with a variety of abstract and set variables.
    • Experience with Med-Mal pricing and/or reserving is highly desired.
    • Ability to use Microsoft Office Products (Word, Excel, Access).
    • Ability to code in an SQL server environment such as MS Management Studio or Toad.
    • Experience with simulation software such as @Risk a plus.
    • Good written and verbal communication skills and active listening skills.
    • Good organizational skills and accuracy when working with details.
    • Ability to handle multiple tasks simultaneously and independently.
    • Ability to work with diverse personalities.
    • Ability to travel as necessary.
    Salary range: $125,959 - $152,476, based on experience and qualifications.

    About The Doctors Company

    The Doctors Company is the nation's largest physician-owned medical malpractice insurer. Founded and led by physicians, we are committed to advancing, protecting, and rewarding the practice of good medicine.

    The Doctors Company is proud to beCertifiedTM by Great Place to Work.

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