Senior Assistant Actuary

Tech Stack

UNDERWRITING
DATA
PARTNER
RISK
RULES
EFFECTIVENESS
CHANGES
PROCESSES
COLLABORATE
PROPOSED
REGARDING

Job Description

A third-party partner is assisting in hiring a Senior Assistant Actuary to drive innovation in risk selection and pricing through advanced modeling techniques, including actuarial approaches and machine learning.

This role requires collaboration across teams, optimizing underwriting processes, analyzing policyholder behaviors, and contributing to business improvements.Responsibilities Underwriting Innovation and Risk Pricing Develop and execute actuarial analyses to assess current and proposed underwriting practices.

Create methodologies for predicting applicant non-disclosure.

Enhance automated underwriting systems and collaborate with underwriting teams to implement improvements.

Optimization of Automated Underwriting Partner with data teams to design tools for analyzing underwriting data.

Evaluate automated underwriting rules, identifying opportunities for enhancement.

Adjust rules based on new data or guideline updates.

Underwriting for New Partnerships Assist in developing underwriting and risk controls for new product launches.

Monitor underwriting effectiveness and address identified risks.

Communicate with stakeholders regarding underwriting changes and outcomes.

Policyholder Behavior Analysis Conduct actuarial analyses on the impact of policyholder behaviors on business metrics.

Identify strategies to optimize behavioral outcomes in collaboration with cross-functional teams.

Data Management Work with data teams to gather, update, and maintain relevant data sets.

Perform regular reviews of data to support ongoing projects and address issues proactively.

Communication Draft reports summarizing analysis findings and recommendations.

Delegate tasks within the team and provide progress updates to leadership.