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Actuarial Analyst

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Company: Virginia Farm Bureau

Location: VA

Date Posted: September 11, 2014

Source: Virginia Farm Bureau

Actuarial Analyst
Location Richmond,VA
Date Posted: 2014/05/30
Date Expires: 2014/12/31


Position Summary:
The actuary will participate in research activities to obtain information required for rate changes, product development, and management decisions.

Duties and Responsibilities:
Develop personal, auto and homeowners rates which are profitable, competitive, and consistent with company goals and objectives.
Develop and maintain actuarial sound pricing models for personal auto and homeowners.
Coordinate research activities to obtain information required for personal auto and homeowners rate changes, product design and management decision making.
Provide actuarial data, cost analysis and technical assistance in the implementation of personal auto and homeowner s products.
Assist in personal auto and homeowner s predictive modeling.
Additional Duties
Facilitate Bureau of Insurance filings and maintain a good working relationship with the Bureau of Insurance.
Assure that rate manual pages, premium determination rules and computer support are in compliance with the rating ...
Actuarial Analyst
Location Richmond,VA
Date Posted: 2014/05/30
Date Expires: 2014/12/31


Position Summary:
The actuary will participate in research activities to obtain information required for rate changes, product development, and management decisions.

Duties and Responsibilities:
Develop personal, auto and homeowners rates which are profitable, competitive, and consistent with company goals and objectives.
Develop and maintain actuarial sound pricing models for personal auto and homeowners.
Coordinate research activities to obtain information required for personal auto and homeowners rate changes, product design and management decision making.
Provide actuarial data, cost analysis and technical assistance in the implementation of personal auto and homeowner s products.
Assist in personal auto and homeowner s predictive modeling.
Additional Duties
Facilitate Bureau of Insurance filings and maintain a good working relationship with the Bureau of Insurance.
Assure that rate manual pages, premium determination rules and computer support are in compliance with the rating rules and procedures on file with the Bureau of Insurance for each line of business.
All other duties as assigned by the manager and/or Sr. VP of Product Development and Actu

Education and Minimum Qualifications:
Bachelor s degree in Mathematics, or Statistics or Actuarial Science.
Minimum 5 years of experience in the actuarial field.

Preferred Qualifications
Proficiency in predictive modeling using Emblem and Radar
Ability to format analytical report requests and exchange information between mainframe systems and personal computers.
Minimum of 3 exams in Casualty Actuarial Society or equivalent experience


Competencies:
Extensive PC skills including databases, spreadsheets, and Windows word processing packages
Proven analytical ability
Strong interpersonal skills
Excellent oral and written communication skills
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