Actuarial Pricing Manager

Posted:
9/30/2024, 6:11:11 AM

Location(s):
Alpharetta, Georgia, United States ⋅ Georgia, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Location(s)

Alpharetta, Georgia

Details

Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises.  

 

Kemper is looking for a skilled and motivated Actuarial Manager to work with the Pricing Team in Alpharetta, GA.  The Actuarial Manager will manage and supervises actuarial analysts by assigning work, providing technical guidance and other responsibilities to include performance management, training, and mentoring.  Performs highly complex pricing analyses.  Prepares and analyzes complex internal management information.  This position works closely with the Actuarial VP, Actuarial Director, Product Managers, Data Scientists, business partners, and senior leaders to develop appropriate pricing and product strategies to support organizational goals.  Assists with department objectives by leading and coordinating projects and processes and maintaining actuarial standards of practice. 

 

Position Responsibilities:

  • Robust understanding of actuarial ratemaking methodology.

  • Oversee the production of sound rate level indications.

  • Support state filing process with actuarial certification (regulatory sign-off), actuarial memorandum and support, and correspondence with regulators, and documentation of assumptions and/or analysis. Ability to perform complex pricing analyses, such as rate calculations, base rate offsets, territorial pricing, limit and deductible pricing, segmentation analysis, coverage analysis, and ad-hoc analysis.

  • Assist with and enforce best practices in quantifying, validating, and preparing proposed rates.

  • Prepare actuarial proposals for management and business partners.

  • Pull, aggregate, and query ratemaking data.

  • Develop recommendation on rates and rating plan to satisfy financial objectives of the organization.

  • Perform complex trend analysis (e.g. frequency and severity trends).

  • Automate and enhance processes to improve efficiencies.

  • Support and/or lead the development and design of new plans, programs, processes, products up to moderate complexity.

  • Complete pricing projects and ad-hoc requests.

  • Develop management information to inform business partners on the health of the business.

  • Communicate effectively with management and business partners.

  • Adhere to internal and external compliance requirements/standards.

  • Assist with the development of junior-level staff.

 

Position Qualifications:

  • Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience.

  • 5-7 years of experience as an actuarial analyst, preferably Property & Casualty experience.

  • Associate (ACAS) or Fellow (FCAS) of the Casualty Actuarial Society or the equivalent from other organizations or demonstrates equivalent knowledge.

  • Experience managing actuarial analysts.

  • Strong understanding of actuarial ratemaking methodologies and practices

  • Perform actuarial pricing analysis independently and makes reasonable assumptions/judgments.

  • Understand and make observations on market implications of business strategies.

  • Creative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in data.

  • Propose and implement improvements in actuarial methodologies and analyses.

  • Strong written and verbal communication skills to convey complex topics in an understandable, concise manner to both technical and non-technical audiences.

  • Organizational skills including time management and the ability to handle multiple priorities.

  • Take initiative to lead projects of both a technical and non-technical nature.

  • Proficiency in SQL, SAS, VBA, Python or R.

 

Kemper is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, disability status or any other status protected by the laws or regulations in the locations where we operate. We are committed to supporting diversity and equality across our organization and we work diligently to maintain a workplace free from discrimination.

Kemper is focused on expanding our Diversity, Equity, and Inclusion efforts to align with our vision, mission, and guiding principles.  

 

Kemper does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Kemper and Kemper will not be obligated to pay a placement fee.

 

Kemper will never request personal information, such as your social security number or banking information, via text or email.  Additionally, Kemper does not use external messaging applications like WireApp or Skype to communicate with candidates.  If you receive such a message, delete it.