Senior Actuarial Analyst at Markel in Des Plaines, Illinois

Posted in Other 4 days ago.

Type: full-time





Job Description:

Job Overview:

Provide advanced actuarial analyses based on established principles, supporting data-driven decision-making for internal business leaders in areas such as Pricing, Reserving, Reinsurance, and Corporate Reporting.

Key Responsibilities:

  • Conduct in-depth research to evaluate new business opportunities, establish rates, and develop pricing strategies aligned with profitability goals.
  • Present actuarial findings clearly to diverse stakeholders, including underwriters, and respond to requests for alternative approaches.
  • Deliver presentations to actuarial and non-actuarial audiences, ensuring understanding of results and their implications.
  • Identify and communicate potential actuarial issues proactively.
  • Mentor and support junior actuaries, fostering professional growth.

Qualifications:

  • Bachelor's degree in mathematics, statistics, actuarial science, or related field (minimum GPA: 3.2).
  • 3+ years of actuarial experience with at least 4 completed SOA/CAS exams; commitment to CAS Associate or Fellowship designation.
  • Strong skills in Excel, with preferred experience in SQL, R, Python, Power BI, and ResQ software.
  • Solid background in pricing and reserving.

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