Mutual Benefit Group Actuarial Trainee - Pricing in Huntingdon, Pennsylvania
About the Role: This role will be a key part of our recently created Insurance Analytics team. This position will assist in setting rates for our various insurance products. On a typical day, this may include extracting and analyzing premium and loss data, using computer and statistical programs, evaluating results for reasonability and communicating observations to various teams to help achieve bottom-line goals. Actuaries at Mutual Benefit Group do more than crunch numbers andndash; they tackle a variety of problems such as developing and enhancing products, designing reports to improve decision-making, forecasting and assessing industry trends, and presenting findings and recommendations to senior management. Core Job Duties and Responsibilities: *Participate in strategic discussions across all product lines of business andndash; Automobile (Personal and Commercial), Homeowners, Dwelling Fire, Business Owners(BOP), Artisan Contractors, Workers Compensation, and Umbrella *Develop skills and knowledge necessary to perform essential actuarial pricing functions through formal training and self-initiated learning opportunities *Support the rate review process by preparing rate indications, analyzing specific components of rating, developing pricing proposals, and calculating impacts on our book of business. *Evaluate success and drive continuous improvement in product enhancements *Solve complex business problems by leveraging the latest analytical and actuarial techniques *Create new reports and tools for improved data consumption throughout the organization. About the Team: The Insurance Analytics team was formed in 2016 with the foundational goal of creating a data-driven decision making process that will lead to more competitive offerings and improved product performance. The team is responsible for the product management, actuarial pricing and compliance functions for the organization. Minimum Job Requirements: Education: Applicants must possess a Bachelor's or higher degree in Mathematics, Computer Science, Actuarial Science, Statistics, Economics, or related analytics-oriented discipline. At least 1 Actuarial exams completed (P preferred) and dedication to reaching the Fellowship level. Experience: No prior work experience required. Skills/Competencies: *Strong programming skills, including Microsoft Excel, SQL, and C++ or related. *Proven mathematical, analytical, and quantitative skills. *Demonstrated ability to solve problems systematically and creatively. *Self-motivated with a andldquo;get it doneandrdquo; attitude *Committed to personal development and able to quickly grasp new concepts and technologies *Constant attention to detail *Effective time management skill. Capability to balance multiple projects with competing deadlines. *Ability to work both independently and as part of team *Excellent judgment and decision-making ability *Takes initiative on projects and assignments. *Excellent listening and communication skills (both verbal and written) Full benefits package, including PPO health, dental reimbursement, vision, 401(k) and Roth 401(k), and PTO, starts the first of the month following employment. Please visit our website to learn more about us and why you might want to work with us. Equal Opportunity Employer Best Places to Work in PA Employer 2009, 2010, 2011, 2012, 2013, 2014, 2017 If interested in this position, Click andquot; APPLY NOW andquot; and follow the employers instructions.