Senior Actuarial Analyst - Remote
Company: HGI Homesite Group Incorporated
Posted on: May 16, 2022
Homesite Insurance was founded in 1997 and was one of the first
companies to enable customers to purchase home insurance directly
online, during a single visit. Since then, we've continued to
innovate rapidly to meet the needs of our customers and their
One thing that's stayed the same since our founding: our commitment
to our customers, partners and employees.
Join us on our journey as we continue to grow into a powerful
contender in the field of insurance.
Compensation may vary based on the job level and your geographic
Job Family Summary
Provides analysis for the full range of actuarial activities
related to either insurance pricing or ratemaking for a line of
business (LOB), loss reserving, modeling, or reinsurance. Builds
models and projections to enable the business to generate
consistent and sound prices Builds forecasts and models for
incurred losses and loss adjustment expense (LAE), CAT and
investment risks, and reinsurance for the annual Profit & Growth
plan. Most roles require actuarial background and/or pursuing the
accredited Actuarial designation.
A credentialed Actuary that contributes to the development and
significant revisions to ratemaking methodologies, loss and LAE
forecast models. Develops and implements statistical models and
conducts other advanced actuarial analysis.
Job Level Summary
Recognized as an expert within the company and requires in-depth
and/or breadth of expertise in own job discipline and broad
knowledge of other job disciplines within the organization
Solves unique problems that have a broad impact on the
Contributes to the development of organization functional
Progression to this level is typically restricted on the basis of
Provide actuarial expertise and consultation on product
Leads development of pricing for new products and rating
Explores new concepts, statistical models, and data sources to
deliver innovative solutions for the business.
Responsible for developing classification ratemaking methodologies
and models for the line of business.
Provides recommendations and significant revisions to ratemaking
Provides expertise for all aspects of indication development and
owns the recurring process.
Responsible for rate of return analysis.
Provide insights and develops recommendations to contribute to
pricing strategies and P&G planning.
Facilitate the rate review process for the line of business.
Develops relationship with core business partners and provide
proactive insights and solutions to address specific business
Monitors industry and competitor trends to determine potential
impact to actuarial strategies and solutions.
Determines the P&C loss and LAE reserve needs.
Responsible for putting together Annual Statement exhibits related
to loss and LAE expenses.
Performs the annual determination of the factor reserves.
Provides loss reserving expertise to internal business
When you work at Homesite you can expect benefits that support your
physical, emotional, and financial wellbeing. You will have access
to comprehensive medical, dental, vision and wellbeing benefits
that enable you to take care of your health. We also offer a
competitive 401(k) contribution, a pension plan, an annual
incentive, and a paid-time off program. In addition, our student
loan repayment program and paid-family leave are available to
support our employees and their families. Interns and contingent
workers are not eligible for American Family Enterprise
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Keywords: HGI Homesite Group Incorporated, Boston , Senior Actuarial Analyst - Remote, Professions , Boston, Massachusetts
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