Actuarial Director

Description:

Aspire General Insurance Company and its affiliated general agent, Aspire General Insurance Services, are on a mission to deliver affordable specialty auto coverage to drivers without compromising outstanding service.

Our company values can best be described with ABLE: to always do the right thing, be yourself, learn and evolve, and execute. Join our team where every individual takes pride in driving their role for shared success.

Job Summary: Are you a skilled and innovative individual with a passion for data and analytics? Join our dynamic team at Aspire General Insurance, a leading player in the auto insurance industry, leveraging cutting-edge technology with data to produce products for our user base. This position requires someone with knowledge of Actuarial reserving, reinsurance and pricing, to work side-by-side with the finance, underwriting, claims and IT department.

Requirements:

Job Responsibilities:

· Using automated tools to extract data from primary and secondary sources

· Performing analysis to assess the quality and meaning of data

· Filter Data by reviewing reports and performance indicators to identify and correct code problems

· Using statistical tools to identify, analyze, and interpret patterns and trends in complex data sets could be helpful for the diagnosis and prediction

· Analyzing local, national, and global trends that impact both the organization and the industry

· Preparing reports for the management stating trends, patterns, and predictions using relevant data

· Working with programmers, engineers, and management heads to identify process improvement opportunities.

· Preparing final analysis reports for the stakeholders to understand the data-analysis steps, enabling them to take important decisions based on various facts and trends. Collaboration with business leaders and managers in the Claims Department to deeply understand their software and reporting needs;

· Build and maintain models to estimate ultimate loss costs, often using techniques like loss development triangles.

· Analyze large datasets to identify trends, develop factors, and assess loss characteristics.

· Work with underwriting, claims, finance, and other teams to ensure data accuracy and alignment on reserving assumptions.

· Support audits and provide documentation and analysis for external regulators.

· Report to management as soon there is an awareness of any issues or concerns which may be detrimental to the department or Company;

· Maintain that sensitive information regarding employees and the Company is kept confidential;

· Other duties as assigned.

Education/Experience:

Advanced data knowledge, Bachelor’s degree in Mathematics, Actuarial Science or Statistics.

Minimum of 5 - 7 years’ experience is desired.

Skills:

· Solid understanding of Actuarial concepts, up to exam 5 concepts

· Experience with R or python

· Strong knowledge of relational databases and experience with SQL Server or similar database systems.

· Familiarity with Business intelligence tools such as Microsoft Power BI or Tableau.

· Ability to work both independently and collaboratively in a fast-paced, dynamic environment.

· Excellent problem-solving skills and a keen attention to detail.

· Effective communication skills, both verbal and written.

· Relevant certifications such as working towards ACAS or FCAS are a plus.

INTER-RELATIONSHIP COMPONENT:

1. Ability to develop excellent working relationships with Staff, Clients and Company Partners;

2. Ability to communicate with others in an effective and friendly manner, one that is conducive to being a conscientious team member, fostering a spirit of good will, indicative of a professional environment and atmosphere;

3. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information;

4. Able to represent the Company in a professional manner and contribute to the Corporate Image;

5. Able to consistently provide excellent client service.

WORKING CONDITIONS:

1. This is an exempt position which complies with alternative work schedule when applicable;

2. The office is that of a highly technical company supporting a paperless environment;;

3. Vision abilities to work at close range and with small print;

4. Physical efforts required include, but may not be limited to, repetitive small motor activity, grasping, ability to sit for extended periods of time; up to 6-8 hours per day, verbally communicating detailed and important information to others quickly and accurately, stooping, reaching, and standing

Benefits: Medical, Dental, Vision, PTO, 401k, Company Observed Holidays

Individuals seeking employment at Aspire General Insurance Services LLC are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation in accordance with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Compensation may vary based on several factors, including candidate's individual skills, relevant work experience, location, etc.