Tokio Marine HCC - Public Risk Group, a member of the Tokio Marine group of companies, is a market leader in providing specialized insurance products for municipal entities. We cover counties, cities, townships, villages, police department, prisons, fire departments and more. We serve the growing insurance and risk management needs of medium and large governmental entities and provide property and casualty insurance coverages in multiple states.

*Ideal candidate lives within reasonable commuting distance to Minnetonka, MN or Auburn Hills, MI and is comfortable with a Hybrid In-Office Work Schedule

Actuarial Support Specialist

The Actuarial Support Specialist will work closely with key business partners to assist with data gathering and organization, preparing pricing analyses, reserve analyses, experience, and profitability reviews and/or state rate filings in support of the business unit.

Key Responsibilities:

• Support activities with respect to data preparation and integration.
• Prepare routine data reports and submissions.
• Build and improve on the availability, integrity, accuracy, and reliability of data and data pipelines.
• Regularly monitor issues surrounding Actuarial data and processes, making sure solutions continue to work and are well documented.
• Identify opportunities for automation and implementation with supervisor approval.
• Prepare rate filings, working cooperatively with other areas such as Underwriting and Compliance
• Assist in preparing rate indications and recommendations.
• Assist with monitoring price levels and profitability through periodic analyses.
• Assist in developing and delivering tools to drive appropriate portfolio and policy level decision making.
• Assist in product development by estimating impacts of new or enhanced coverages and preparing rate pages and filing support.
• Assist with loss and LAE reserve analyses.
• Develop a foundational knowledge of the functions performed by the Actuarial department and how the department relates to other functional areas of the organization.

Essential Business Experience and Technical Skills:

• Bachelor’s degree in actuarial science, mathematics, statistics, a related field, or the equivalent education and/or experience.
• 2 years of relevant commercial insurance experience

Other Skills:

• Preferred – at least two (2) CAS exams.
• Experience with data management, programming, or analytics in insurance or related field.
• Knowledge of data analysis, actuarial principles, and an understanding of data interdependencies
• Ability to work with business end-users within Actuarial, UW and Claims, at all levels of the organization including senior leadership.
• Detail oriented, diligent, and thorough.
• Requires strong analytical and problem-solving skills and a commitment to developing an actuarial knowledge base.
• Good written and verbal communication skills
• Good organizational skills; demonstrated ability to manage multiple tasks simultaneously
• Proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)
• Experience with programming languages or statistical modeling packages (e.g., R, Python, etc.)
• Proficiency and experience using Microsoft SQL Server Management Studio and designing and improving queries using T-SQL

The Tokio Marine HCC Group of Companies offer a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking an energetic and confident individual to join our team of professionals. The Tokio Marine HCC Group of Companies are equal-opportunity employers. Please visit www.tmhcc.com for more information about our companies.

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