Nationwide Sr Analyst, PC Actuarial in Scottsdale, Arizona
Job ID: 50635
This position is a Reserving position that will be filled in Scottsdale, AZ and will report to Senior Actuary, P&C Actuarial Reserving, supporting Nationwide Excess & Surplus/Specialty.
In addition to the responsibilities listed on the job posing, this role will support quarterly reserve analyses/appraisals, monthly booking processes and reporting, and participate in special studies designed to understand trends and drivers underlying results.
The individual in this role must have strong analytical, problem solving, communication and time management skills.
JOB SUMMARY: Continues to learn actuarial methodologies and insurance concepts through reading, training sessions and work assignments. Estimates future loss, expense, and premium results for ratemaking or reserving purposes using actuarial methodologies.REPORTING RELATIONSHIP: Reports to Associate Actuary, Actuary, Sr Actuary or Actuarial Officer.CORE DUTIES AND RESPONSIBILITIES:1. Continues to develop knowledge of data sources and requirements; retrieves and manipulates data.2. Continues to develop knowledge of actuarial methodologies via actual work assignments.3. Conducts analyses that adhere to actuarial standards or practice: selects appropriate data sources and methods, makes assumptions, recognizes considerations and develops recommendations.4. Documents assumptions, methods, sources, considerations; organizes documents.5. Notes unreasonable results/non-optimal solutions and assists in resolution.6. Prepares memos, documents, and letters as needed. Communications are to be concise, logical, organized, and grammatically correct with the appropriate level of technical terms suitable to the audience.7. Develops personal work schedule to ensure timely completion of assigned tasks; coordinates with others when tasks involve others.8. Participates in Peer Tech Reviews. Reviews work of peers and also has work reviewed by them.9. Demonstrates satisfactory examination progress per the Casualty Actuarial Program.10. May assist with training new associates on standard work procedures.MINIMUM JOB REQUIREMENTS:Education: Bachelors degree in actuarial science, mathematics, statistics, economics or related field with a strong quantitative orientation. Must have successfully completed two (2) Casualty Actuarial Society exams and have proven performance in the job.Experience: Six months to two years experience in an actuarial-related work area.Knowledge: Knowledge of advanced mathematics and statistical concepts, basic actuarial methods/concepts, insurance terminology and product familiarity.Skills: Demonstrated work product accuracy. Effective oral/written communication skills; Demonstrated ability to comprehend actuarial concepts and other advanced statistical concepts; Demonstrated ability to think logically and perform actuarial methods in a timely manner.Ability to effectively operate personal computer and related spreadsheets and data base software.JOB CONDITIONS:Working Conditions: Normal office environment.Overtime Status: Not Eligible (exempt)ADA: The above statements cover what are generally believed to the principal and essential function of this job. Specific circumstances may allow or require some associated assigned to the job to perform a somewhat different combination of dutiesJob Evaluation Activity: Evaluated 09/08/03 SPH/SZJob Family/Function: ACT/PRC