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Actuary

RLI Corp Peoria, IL
  • Posted: December 12, 2019
  • Full-Time

Prepare, perform, analyze and review actuarial analysis. Responsible for the collection of data, selection of parameters, and calculations involved with conducting actuarial analysis. Evaluate profitability of products and recommend corrective action and/or identify growth opportunities. Act as a steward of data quality by discovering and discussing data anomalies and issues with underwriting, claims, branch support, accounting, and IT.

Principal Duties and Responsibilities

  • Demonstrates good actuarial judgment and reasonableness, and makes few errors in judgment and algorithms
  • Works independently on most projects
  • Communicates well with Associates inside/outside the Actuarial Department
  • Demonstrates an understanding of the larger, contextual framework from which to make well-balanced decisions
  • Regularly offers ideas for enhanced actuarial analysis


Required Skills
  • Ability to use analytical methods in actuarial processes to find workable solutions
  • Ability to extract data from IT databases and identify data anomalies and issues
  • Ability to generate innovative solutions within the Risk Services department
  • Ability to communicate findings and recommendations to internal and external contacts on Risk Services matters
  • Ability to use software to summarize and analyze large amounts of data
  • Ability to apply a strategic perspective to improve risk services functions
  • Results orientated
  • Ability to make good business judgments based on sound actuarial analysis


Required Experience
Requires a bachelor's degree in mathematics, statistics, actuarial science or a related field, and 5 years of experience or 3 actuarial exams completed.

RLI Corp

Address

Peoria, IL
61615 USA

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