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| |  Posted 8/5/2008 2:30:03 PM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Loss Reserve Analyst
Company:Insurance Organization
Location: Ohio
Job ID: 14925
RESPONSIBILITIES:
- Accurately downloading data into Excel models
- Making reasonable judgments regarding future development of losses and LAE by: analyzing the historical data by segment, understanding changes in underwriting and claims handling of the segment, understanding relationships between parameters and testing accuracy of prior selections
- Accurately uploading reserve changes into production
- Communicating results of review with product management, pricing and claims
- Interacting with loss reserving team in the process
- Researching relevant educational material
- Interacting with others in the company
- Completes other projects relating to development and maintenance of actuarial/financial models.
- Analyzing and reporting policy retention
- Analyzing various parameters of reserve development
- Supporting reinsurance programs
- Making enhancements to models and processes
- Creating loss simulation models
QUALIFICATIONS:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related technical or business field and typically 0-2 years of experience
- Strong mathematical, analytical and organizational skills with detail orientation
- Excellent written and verbal communication skills
- Ability to learn quickly and apply advanced problem solving skills
- Ability to work well in a team environment with individuals at all levels of the organization
- Intermediate grasp of technical/specialty skills (e.g., actuarial, personal computing, mainframe, etc.)
- Proficient with Excel including macros, and data extraction tools including SAS
Reference Code: 27884
For this entry level position, Progressive Insurance Company is not accepting resumes from recruiting companies. We therefore recommend that you apply directly for this position at Progressive Insurance Company. |
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