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P&C Actuarial Associate

Apply Location Miami, Florida Additional Locations: Atlanta,Georgia; Chicago,Illinois Requisition Number R-85902

Assurant has an exciting opportunity for an Actuarial Associate!

This Actuarial Associate supports the pricing of Assurant’s various Homeowners products. They provide detailed analysis to standard, defined tasks, including but not limited to rate analysis and providing support for rate filings. This role implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Associate demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization, such as reserving, financial reporting, capital management, and forecasting, while also understanding all products included in Assurant’s product suite.

Primary Job Accountabilities / Responsibilities

  • Ability to review requirements and provide essential details for internal and external inquires and ad hoc requests as directed by manager.
  • Demonstrates thorough understanding of data and systems, including inefficiencies, through analysis of trends. Reconciles data to source systems, including adjustments for manual processes.
  • Gathers information from internal departments and complete reports and analysis as directed; solicits feedback on improvements to reporting and communications.
  • Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes and gaps.
  • Identifies system and data inefficiencies; implement resolutions as directed.
  • Effectively support requests timely, ensuring with manager that requests are aligned with responsibilities.
  • Implements solutions to translate financial projections into business metrics.
  • Actively manages self-development. Participates in cross-training and knowledge. information sharing within team to accomplish goals.
  • Takes actuarial exams in pursuit of professional designation

Basic Qualifications Required - Experience, Skills, and Knowledge

  • Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 3-6 exams completed.
  • Minimum of 2-5 years of P&C insurance experience.
  • Must be pursuing CAS actuarial designation.
  • Minimum of 2-3 years of progressive responsibilities and related experience in an actuarial role.
  • Has intermediate level of understanding actuarial concepts, insurance product and industry knowledge.
  • Intermediate proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).

Preferred Experience, Skills, and Knowledge

  • Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 3-6 exams completed
  • Minimum of 2-5 years of progressive responsibilities in homeowners' ratemaking
  • Must be pursuing CAS actuarial designation
  • Minimum of 2-3 years of progressive responsibilities and related experience in an actuarial role.
  • Pricing knowledge, with experience providing filing support to state departments of insurance
  • Has intermediate level of understanding actuarial concepts, insurance products and industry knowledge
  • Intermediate proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.)
  • Exhibits advanced skills in completing standard to moderate, defined tasks & projects.
  • Addresses conflict on a timely basis, avoiding issues to prolong and affect working relationships or goals. Discusses resolution alternatives with manager prior to engagement.
  • Can actively listen and effectively explain specific variances to a technical and non-technical audience.

Benefits and Value Proposition

We offer a competitive salary and comprehensive benefits to full time and part time employees including medical, dental, STD, LTD, life insurance, 401(k), generous paid time off and much more.

We strive to maintain a professional, yet friendly environment and promote professional and career development for our employees.

Assurant is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

To learn more about our current opportunities and apply online, please visit: http://www.assurant.jobs < http://www.assurant.jobs/ >

Follow us on Twitter! http://twitter.com/AssurantCareers < http://twitter.com/AssurantCareers > (@AssurantCareers)

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Meet Our People

Ignacio D. - Senior Operations Analyst

Whether I'm working with people in Argentina or Chile or Miami, we all feel like we're part of the same company. And within my own group, we share ideas and analyze as a team - and drive for change, for improvements. We'll show each other how we do things and lend advice.

I also enjoy the focus on work-life balance - in the workplace, we're offered exercise classes or stretching classes with a trainer, for example. I've had the flexibility to take classes and training. And, we have the opportunity to give back to the community through events held throughout the year.