EMC Insurance Companies
At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.
Essential Functions
Performs pricing, reserving and/or modeling work assignments including data preparation and analysis and makes initial recommendations to team
Participates in rate and reserve reviews and the reviews of existing models by applying industry standard methodologies and techniques
Reviews and addresses potential challenges posed by states or lines of business
Recognizes, acknowledges, and documents assumptions
Identifies and calculates impacts of potential problems and solutions
Performs quality control functions as part of peer review process
Utilizes Microsoft Office Products Such As Excel, Word, PowerBI, As Well As Programming Languages Such As SQL For Pricing And Reserving Analysis
Maintains and utilizes assigned workbooks and databases
Recommends modifications for improvements to workbooks, work products, and databases to people leader and/or senior team members. Implements and documents approved improvements as assigned
Performs Data/analytical Assignments
Prepares data for analysis and completes simple data validation checks
Organizes information into spreadsheets and databases
Researches new modeling techniques and/or predictive variables
Produces basic data visualizations and reports
Documents data processes, assumptions, and outputs
Participates on and provides support for special projects lead by other Actuarial team members
Completes competitive analysis
Prepares filings and filing support for enhanced/new rating algorithms, products, and coverages
Explores new reserving line split and new reserving techniques
Analyzes legislative or regulatory changes and reacts appropriately
Documents circulars
Makes initial recommendations to team as appropriate
Conducts testing for implementation
Researches and follows industry trends
Studies for Actuarial exams. Engages in self-directed and collaborative learning of actuarial methodologies and techniques, including asking questions to learn context and data sources. Develops skills and knowledge of insurance operations.
Education & Experience
Bachelor’s degree in actuarial science, math, or statistics
Completion of one actuarial exam and/or prior actuarial internship experience
Knowledge, Skills & Abilities
Working knowledge of mathematics, probability, statistics, and financial mathematics
Proficiency in Pricing or Reserving in at least one line of business
Proficient working knowledge of Microsoft office products (Excel, Word, Powerpoint, Power BI)
Knowledge of at least one programming language, such as SQL preferred
Strong analytical, investigation and problem-solving abilities
Salary Range The hiring salary range for this position will vary based on geographic location, falling within either of the following:
$59,463 - $81,943
$65,568 - $90,343
For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
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Essential Functions
Performs pricing, reserving and/or modeling work assignments including data preparation and analysis and makes initial recommendations to team
Participates in rate and reserve reviews and the reviews of existing models by applying industry standard methodologies and techniques
Reviews and addresses potential challenges posed by states or lines of business
Recognizes, acknowledges, and documents assumptions
Identifies and calculates impacts of potential problems and solutions
Performs quality control functions as part of peer review process
Utilizes Microsoft Office Products Such As Excel, Word, PowerBI, As Well As Programming Languages Such As SQL For Pricing And Reserving Analysis
Maintains and utilizes assigned workbooks and databases
Recommends modifications for improvements to workbooks, work products, and databases to people leader and/or senior team members. Implements and documents approved improvements as assigned
Performs Data/analytical Assignments
Prepares data for analysis and completes simple data validation checks
Organizes information into spreadsheets and databases
Researches new modeling techniques and/or predictive variables
Produces basic data visualizations and reports
Documents data processes, assumptions, and outputs
Participates on and provides support for special projects lead by other Actuarial team members
Completes competitive analysis
Prepares filings and filing support for enhanced/new rating algorithms, products, and coverages
Explores new reserving line split and new reserving techniques
Analyzes legislative or regulatory changes and reacts appropriately
Documents circulars
Makes initial recommendations to team as appropriate
Conducts testing for implementation
Researches and follows industry trends
Studies for Actuarial exams. Engages in self-directed and collaborative learning of actuarial methodologies and techniques, including asking questions to learn context and data sources. Develops skills and knowledge of insurance operations.
Education & Experience
Bachelor’s degree in actuarial science, math, or statistics
Completion of one actuarial exam and/or prior actuarial internship experience
Knowledge, Skills & Abilities
Working knowledge of mathematics, probability, statistics, and financial mathematics
Proficiency in Pricing or Reserving in at least one line of business
Proficient working knowledge of Microsoft office products (Excel, Word, Powerpoint, Power BI)
Knowledge of at least one programming language, such as SQL preferred
Strong analytical, investigation and problem-solving abilities
Salary Range The hiring salary range for this position will vary based on geographic location, falling within either of the following:
$59,463 - $81,943
$65,568 - $90,343
For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
#J-18808-Ljbffr