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Actuarial and Analytics Business Analyst

Location

Massachusetts

Posted

2 days ago

Salary

0

Seniority

Senior

Bachelor Degree3 yrs expEnglish

Job Description

Actuarial and Analytics Business Analyst

Dayforce

• Independently completes routine actuarial and/or analytics processes with limited supervision. • Provides quantitative support for product development, financial analysis, management reporting, and other actuarial and/or analytics research, with direction. • Extracts and integrates data from various databases to analyze and develop reports and spreadsheets. • Capable of independently handling all aspects of routine filing preparation where standard actuarial support is required. • Assist in the training and development of other actuarial and/or analytics talent and may act as a peer mentor. • Analyze pricing, reserving, or corporate profitability and capital management data. • Analyze company and industry experience as required. • Design and prepare special reports and other data compilations as requested. • Understands and draws inferences from data being collected. • Communicate with internal and external customers to discuss analysis results. • Analyze, compile, and perform competitive analysis. • Prepare preliminary recommendations under supervision. • Prepare and present actuarial and/or analytics findings to management and business partners. • Provide support on routine insurance department inquiries. • Monitor compliance with ISO, NCCI, State Rating Bureau filings, and SOX and recommend actions. • Maintain pricing, reserving, or corporate capital management systems. • Perform liaison function between systems and actuarial department. • Prepare and maintain documentation for existing processes. • Adhere to peer review guidelines. • Perform other projects and assignments as directed. • Employees are expected to meet the essential functions of their role, including maintaining regular, predictable and reliable attendance and adhering to their assigned work schedules. • Communicate effectively with internal and external stakeholders using appropriate channels, including phone, email, teams, and in person interactions as required. • Ability to maintain sound judgement and attention to detail while managing multiple priorities under pressure in a fast-paced environment.

Job Requirements

  • Bachelor’s degree
  • At least 3 years of experience in Property/Casualty actuarial and/or analytics work
  • Quantitative background
  • Familiar with Property/Casualty insurance rate making and reserving concepts
  • Adept in desktop applications and software tools
  • Analytical Thinking - Applies analytical techniques (e.g., separating a complex whole into its parts or elements to resolve problems or issues).
  • Communication of Results - Ability to express concepts (e.g. business, technical, and other), ideas, insights, opinions, and conclusions, so that others understand or are persuaded to act.
  • Create an environment that encourages and values the opinions of others and promotes sharing of information and ideas.
  • Information seeking - Thoroughly investigates and researches multiple sources to expose details and complete information about resources, issues, problems, and so forth.
  • Conducts in-depth research, asks probing questions, and transcends surface issues.
  • Self-Management - Effectively plans and organizes their work to achieve desired outcomes.
  • Demonstrates flexibility in applying different approaches to changing work demands.
  • Shows confidence in own abilities to meet challenges and can maintain performance under stress.
  • Seeks improvement through learning, development, and feedback.

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