Growing Property and Casualty Insurance Company is seeking a VP / Actuary of Pricing.  This position is responsible for the development and coordination of pricing techniques to determine market rates, assisting in the analysis of company results, fixing problem areas and making necessary changes to achieve a business profit. This includes determining expected loss costs and break-even rates, loss development, loss ratio forecasting, profitability analysis, and designing management reports. This includes the preparation of statistical and financial analysis to assist management in the pricing of new products, review of operating results and other complex issues. The position will coordinate the preparation of rate reviews, rate recommendations and State Insurance Department rate filings.

• Develop rates and rating plans
• Produce rate level indications
• Provide rate making information to regulators
• Administer competitive rating software
• Monitor profitability of insurance business and acceptability of insurance rates
• Develop and analyze management reports on business profitability
• Update rate history
• Utilize in-depth background in S-Plus, SAS, and SPSS to run data mining algorithms.
• Analyze data utilizing knowledge of SQL and Access
• Evaluate the integrity of data and convert databases into a format suitable for data mining.
• Manage and develop Pricing staff of 2-5 employees

QUALIFICATION REQUIREMENTS:

• A Bachelors degree or equivalent experience
• 10+ years of progressive experience in pricing; specifically auto insurance pricing.
• Fellow of Casualty Actuarial Society required.
• Advanced computer skills in MS Access, Excel, visual basic, SAS, SQL, etc.
• Experience in the insurance industry in Actuarial, Ratemaking, Pricing, and Product Research
• Excellent oral and written communication skills
• Experience with multi-variate analysis techniques, such as GLM, Minimum bias, etc.

 This position represents a significant career opportunity.  Salary is commensurate with your experience.  Job 2957.