Atlanta, Georgia
Actuarial Analyst Job Opening in Atlanta, Georgia - About us
As an international specialist insurer we are far removed from the world of mass insurance products, selectively focusing on key areas of expertise and strength, all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way.
Defined by our strong moral fibre we prioritise above all else the principle of doing what we say we will. Insuring the unique and interesting, our search for talent is the same. We empower our people to think creatively, challenge the status quo and approach things with a solutions focused lens. This results in us being able to provide the type of insurance solutions which are often too complex for other insurance companies, we find a way where others give up.
Our straight talking culture is not for everyone but allows us to strive to improve everything we do and never settle. Trust is integral to how we operate and it allows us to work in an environment where every role has a high level of autonomy; freedom to forge your path and help set the wider agenda is evident in all parts of the organisation. Through embracing an environment that brings together people who are unique and interesting we are ensuring we build a company where teams don?t all think the same ? this, combined with a culture where courage to say what you think is not only actively encouraged but is central to our business model has defined our success.
If you thrive in a challenging and collaborative environment where you are trusted to work instinctively and know the company will stretch you to your full potential look no further.
Hiscox Values
At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
Courage: Do the right thing however hard
Quality: World class where it matters
Integrity: True to our word
Excellence in Execution: Consistent, timely, efficient delivery
Human: Firm, fair and inclusive
Hiscox USA
Hiscox USA was established in 2006 to focus primarily on the needs of small and middle market commercial clients, via both the broker and direct distribution channels. It is headquartered in New York City and is today the fastest-growing business unit within the Hiscox Group.
Today, Hiscox USA has a talent force of about 350 employees mostly operating out of 5 major cities - New York, Atlanta, Chicago, Los Angeles and San Francisco. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property and terrorism.
Role, Team & Responsibilities:
What is the role:
The Actuarial Analyst will report to the Business Unit Actuary and will be responsible for supporting all actuarial processes as identified by the Business Unit Actuary on behalf of Hiscox USA (excluding Pricing). This includes all aspects associated with reserving, forecasting, reinsurance and capital modeling. The Actuarial Analyst will be an integral part of the Finance team, interacting with business leaders, actuaries and finance professionals.
We are looking for someone who is bright and enjoys the challenge, with strong technical and analytical skills, who has an entrepreneurial mind-set and works well in a team. The ideal candidate will embrace the team?s objectives and actively seek out opportunities to improve existing processes and provide innovative ways to deliver analysis and insight, while adhering to controls and best practices and ensuring transparency and excellent communication with all stakeholders.
This is a great opportunity for someone who is looking to grow and make an impact, while being involved in a variety of projects and interacting with different areas of the business.
Key Responsibilities:
Assist with the annual forecasting process for US, coordinating with business leaders and actuaries to determine expected profitability and risk associated with the business
Support the quarterly reserving by ensuring efficient process, adherence to controls and best practices, and coordination with the finance team to promote transparency around reserves
Perform analysis on different sectors of the business to identify trends and provide insight to management
Work with the capital modeling team to ensure the capital model reflects the nature of the US business and the level of capital is optimized
Assist with the analysis and design of reinsurance solutions
Operate as an effective team member by supporting colleagues and contributing in the delivery of overall team and business objectives
Requirements:
Working knowledge of reserving, statistical modelling, capital modelling and reinsurance concepts
Strong analytical, technical and communication skills
ACAS or strong progress on actuarial exams preferred, but not required
2-5 years related experience
Strong understanding of P&C Insurance operations and accounting
Bachelor?s degree in a related field
Strong time management skills and ability to prioritize
Ability to effectively interact with all levels of internal parties throughout the organization
Preferred:
Experience with advanced reserving techniques, predictive analytics, leveraging external data
Computer skills:
ResQ, Advanced Microsoft Excel including VBA, SQL, R, ReMetrica modelling tool, Microsoft office
Education:
Bachelor?s Degree in related field
Progress on the actuarial exam track preferred, but not required
Experience:
2-5 years in P&C insurance or equivalent business experience
What Hiscox USA Offers
Competitive salary and bonus (based on personal & company performance)
Comprehensive health insurance, Vision, Dental and FSA
401(k) with competitive company matching
24 Paid time off days
10 Paid Holidays
Paid sabbaticals after 10 years of service
Dynamic, creative and values-driven culture
Modern and open office spaces, complimentary fruit and drinks
Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
Job Type: Full-time
Required education:
Bachelor's
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