Actuarial Analyst I - A&H in Milwaukee, WI at National General Insurance

Date Posted: 5/17/2018

Job Snapshot

Job Description


Primary Purpose:

Entry-level position with responsibility for collecting, reviewing, and analyzing data to determine relationships, trends, and issues


Essential Duties and Responsibilities:

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  • Develop pricing recommendations and/or reserving projections by performing analysis that involves retrieving, reviewing and analyzing appropriate data and populating actuarial models
  • Assist with analysis and implementation of changes to existing pricing models and/or reserving models as well as the development of enhancements to improve prediction accuracy
  • Demonstrate ability to organize and summarize analytical data
  • Develop conclusions from data analysis and present results to stakeholders
  • Perform deep-dive data reviews that require analysis of trends, factors, and other data-related issues to answer specific business questions
  • Provide support for required filings and follow-up questions from regulators or auditors related to pricing or reserving models
  • Provide support for regulatory filings including state surveys, annual statement, supplemental healthcare exhibit, and MLR
  • Assist in analyzing financial results, profitability and forecasting
  • Communicate and collaborate with internal business partners in other functional areas including product, finance, accounting, claims, IT, and senior management
  • Analyze the impacts and benefits of new products and rating characteristics
  • Identify and implement improvements to processes (spreadsheets, coding, etc.)
  • Seek a greater level of understanding around products, sales and policy administration
  • Ask questions outside of individual projects, demonstrate intellectual curiosity

Minimum Skills and Competencies:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor Degree or in-lieu of degree equivalent education, training and work-related experience
  • General understanding of the insurance market
  • Interest in pursuing ASA desgination
  • Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint, Access)
  • Demonstrated understanding of relational databases, data extraction, and ability to organize and analyze complex data sets
  • Strong analytical, critical thinking, and project skills
  • Must possess effective verbal and written communication skills
  • Ability to project results, work with ambiguity, solve problems, make decisions, identify trends/patterns within data sets, and communicate root causes
  • Must be able to work independently as well as in a team environment
  • Experience in SAS/SQL/VBA programming
  • Demonstrates ability to interpret state and federal insurance regulations
  • Able to interpret data and offer preliminary recommendations based on the results of the analysis
  • Able to meet multiple deadlines and work on multiple projects at the same time
  • Actively participate in meetings and asks questions
  • Makes timely decisions, knows priorities and recognizes deadlines
  • Keeps commitments, produces accurate results and meets deadlines
  • Accepts and responds to changes within their own area of responsibility
  • Learns from mistakes
  • Use concrete examples and data to support position
  • Perform routine work under immediate or general supervision
  • Ability to work extra hours

Desired Skills:

  • Bachelor or advanced degree in insurance, actuarial science, engineering, mathematics, statistics, risk management, economics, business administration or related analytics-oriented discipline.
  • 1+ actuarial exams passed
  • Proficiency with Microsoft Access
  • Proficiency with VBA
  • 2+ years of relevant industry experience

Job Requirements

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About National General Holdings:

National General Holdings Corp. is headquartered in New York City. National General traces its roots to 1939, has a financial strength rating of A– (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products. We are a specialty personal lines insurance holding company. Through our subsidiaries, we provide a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche insurance products.

National General is a fast paced, dynamic, and entrepreneurial organization. Our team members live by and exemplify what we call the 4Es. At National General, we are Energized, Engaged, Empowered, and we Execute every day in order to provide an exceptional experience for our customers! We are passionate about our organization and the value that we add every day. A successful candidate with National General will embody the 4Es. Our team is poised to outperform the competition. We are National General Insurance and with us you can be extraordinary! Come join our team!

Companies and Partners

Direct General Auto & Life, Personal Express Insurance, Century-National Insurance, ABC Insurance Agencies, NatGen Preferred, NatGen Premier, Seattle Specialty, National General Lender Services, ARS, RAC Insurance Partners, Mountain Valley Indemnity, New Jersey Skylands, Adirondack Insurance Exchange, VelaPoint, Quotit, HealthCompare, AHCP, NHIC, Healthcare Solutions Team, North Star Marketing, Euro Accident.

In addition to a phenomenal career opportunity, National General Insurance offers an excellent benefits package including:

• Paid Training
• Medical, Dental, Vision benefits
• Wellness Programs
• Life and Short/Long Term Disability Insurance
• 401k w/ Company Match
• Company Paid Holidays & Generous Time-off policy
• Employee Discount Program
• Career Advancement and Development Opportunities
• On-site Healthcare Clinic (Winston-Salem and Cleveland offices)
• On-site Fitness Center (Cleveland and Dallas offices)
• Subsidized parking (Cleveland office)

National General Holdings Corp. is an Equal Opportunity (EO) employer – Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas.

In the event you need assistance or accommodation in completing your online application, please contact NGIC main office by phone at (336) 435-2000.

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