Employment Type: Full-Time
Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group, a member of American Financial Group, is a Fortune 500 company consistently recognized as a top place to work. We combine a 'small company' culture where your ideas will be heard with 'big company' expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.
Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We have made a name for ourselves as a full-service underwriting organization focused on long-term client relationships and customized business solutions. We specialize in providing primary casualty products as well as umbrella and capacity excess products that meet the needs of the commercial market. Our policy holders range from small businesses to complex multi-national corporations and Fortune 1000 accounts.
We are currently seeking an Associate Actuary for our Los Angeles, CA
* Compiles, consolidates and analyzes actuarial information for the production of statements, schedules, filings and reports of a more complex nature.
* May act as a project lead on actuarial studies and pricing strategies.
* Directs the development of policy values. Develops and maintains profit studies, reserve studies, PC-based programs, and rate files and procedures.
* Prepares actuarial portion of financial reports in accordance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP).
* Provides actuarial analyses, responses and communications to product areas.
* Maintains awareness / currency of emerging issues affecting product lines.
* Provides technical advice to lower level positions and other functional areas.
* May lead the work of others (mentors, prioritizes, delegates and reviews assignments).
* Performs other duties as assigned.
Education: Bachelor's degree or equivalent.
Field of Study: Actuarial Science, Mathematics, Statistics or a related discipline
Experience: 4 or more years of related experience. Has attained an Associateship and typically is completing additional coursework toward Fellowship in the Casualty Actuarial Society (FCAS) or the Society of Actuaries (FSA).