Director & Actuary – Workers Compensation Indications

Director & Actuary – Workers Compensation Indications

Requirements

• Strong actuarial background is required
• Strong project management, leadership, and communication skills
• Very strong technical and data skills; must be proficient in Excel and able to learn new software coding skills, such as ResQ, R / Python, SQL, Copilot, etc.
• Demonstrate analytical skills and offer creative solutions to business questions as well as capability to improve efficiency and transparency of work process
• Strong verbal/written communication skills; must be able to effectively communicate complex technical concepts to non-technical audiences both internal and external to company.

Responsibilities

• Manage an actuarial team responsible for producing internal rate indications for Workers’ Compensation, including partnership with Actuarial Strategic Modeling (ASM) team to sustain and enhance underlying predictive models.
• Partner with stakeholders across business units and industry verticals to effectively communicate changes in indications, focused on driving improved business outcomes.
• Deliver and drive adoption of innovative Workers’ Compensation use cases for ASM predictive models including indication deep dive tools, improved analysis and insights of emerging trends and improved model predictions for pricing purposes.
• Drive execution for annual updates of various actuarial studies for use in indications including Loss Development, State Trends, and Excess Loss Factors.
• Build expertise in Workers’ Compensation issues and trends including knowledge of available industry data, research, and analytical tools and resources.

Preferred Qualifications

• FCAS preferred, but not required.
• 5+ years of actuarial experience.
• Management experience preferred, but not required.
• Prior experience with Workers’ Compensation, indications, and predictive modeling is preferred, but not required.