InstantForum.NET v4.1.4ActuaryForum.comhttp://actuaryforum.com/info@nasearchg.comWed, 07 Jan 2009 08:01:38 GMT20http://actuaryforum.com/Topic15446-66-1.aspxPosition: Loss Reserve Analyst<br> <br>Company: Insurance Organization<br> <br>Location: Ohio<br> <br>Job ID: 14925<br><br><br>RESPONSIBILITIES:<br> <br>- Accurately downloading data into Excel models<br>- 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<br>- Accurately uploading reserve changes into production<br>- Communicating results of review with product management, pricing and claims<br>- Interacting with loss reserving team in the process<br>- Researching relevant educational material<br>- Interacting with others in the company<br>- Completes other projects relating to development and maintenance of actuarial/financial models. <br>- Analyzing and reporting policy retention<br>- Analyzing various parameters of reserve development <br>- Supporting reinsurance programs<br>- Making enhancements to models and processes<br>- Creating loss simulation models<br><br><br><br>QUALIFICATIONS:<br><br>- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related technical or business field and typically 0-2 years of experience<br>- Strong mathematical, analytical and organizational skills with detail orientation<br>- Excellent written and verbal communication skills<br>- Ability to learn quickly and apply advanced problem solving skills <br>- Ability to work well in a team environment with individuals at all levels of the organization<br>- Intermediate grasp of technical/specialty skills (e.g., actuarial, personal computing, mainframe, etc.)<br>- Proficient with Excel including macros, and data extraction tools including SAS<br><br>Reference Code: 27884<br><br>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 <a href='https://progressivece7.recruitmax.com/MAIN/careerportal/Job_Profile.cfm?szOrderID=27884&szReturnToSearch=1&szWordsToHighlight='>Progressive Insurance Company</a>.Tue, 05 Aug 2008 14:30:03 GMTAdmin