RBPRSLLC is looking for candidates to fill the position of Pricing Actuary. On-Site position in Raleigh, NC. No visa sponsorships supported, no agencies please.
What you will be doing:
Support primarily personal lines of business with the opportunity for exposure to both auto and property lines in a single state market.
Be responsible for traditional rate-making analysis, including rate indications, predictive modeling segmentation, and filing support in a rapidly evolving marketplace.
Collaborate on research projects with multiple departments.
Utilize expertise in aggregating actuarial data to create and execute data-driven processes underlying various components of product management.
Enhance pricing models to modernize assumptions in developing recommendations.
Communicate decisions and implications of recommendations to affected stakeholders.
Monitor implemented product changes for expected outcomes.
Advise on data requirements to complete actuarial tasks.
Experience you will need:
Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, or other related field.
ACAS or near-ACAS strongly preferred.
Minimum 5 years of P&C pricing experience required.
Exposure to direct data querying and implementation of multiplicative rating plans (GLMs).
Managerial experience considered a bonus, though not an immediate requirement for the role.
Strong understanding of standard actuarial techniques and assumptions.
Broad understanding of insurance operations and their relationship with pricing implications.
Advanced computing skills (Excel, SAS) in the development of complex pricing models.
Proficiency in a general programming language (SAS, SQL, Python, R).
Strong background in GLM modeling software preferred (Emblem/Radar strongly preferred).
Excellent communication skills in breaking down complex ratemaking themes.
Collaborative mindset in engagement with multiple personnel in research across a broad array of insurance operations.