Mgr - Actuarial Research
Company: Citizens Property Insurance Corporation
Posted on: August 6, 2022
Searching for a place to make your mark? Every great team depends
on the individual contributions of its members - the skills,
talents and the passion that each team member brings.
At Citizens, we're building a workforce of top achievers committed
to our company's mission and vision. Our company values the
knowledge that comes from experienced and dedicated individuals
with a variety of backgrounds, in or out of insurance.
Citizens' Mission is to provide property insurance protection in
Florida to those who are, in good faith, unable to obtain coverage
through the private market while also providing the utmost in
customer service. Our Values are public service, integrity,
respect, responsiveness and sound judgment. We strive to not only
provide affordable insurance products and services but also to
provide sound financial responsibility to the citizens of
We are a team of dedicated, service-minded professionals committed
to our policyholders. Come achieve and maximize your potential with
The purpose of this position is to lead the development and
implementation of new processes of evaluating Citizens' rating plan
and overall rate level and evaluate Citizens' book of business and
refine methods of determining rate redundancies and inadequacies in
Citizen's book of business.
Models ethical behavior and executes job responsibilities in
accordance with Citizens core values, ethics, and information
Responsible for managing staff, including hiring, goal setting,
planning and delegation of work, training and development,
coaching/mentoring and completing performance evaluations.
Evaluate and recommend improvements in the current rate indication
process and loss reserving processes, and to continuously evaluate
and improve actuarial techniques applied by Citizens.
Apply stochastic modeling to reinsurance decisions, probability of
assessments, and other dynamic financial situations. Apply
predictive modeling techniques such as GLMS, neural nets, and
decision trees to historical data.
Oversee all research and preparation of rate filings for the Office
of Insurance Regulation in compliance with filing requirements, and
certifying that filings are appropriate and consistent with Florida
statutes and rules. Also conduct research and compose white papers
on various complex actuarial matters.
Provide technical support as it relates to reserve levels, purchase
of reinsurance and other senior management level decisions.
Qualifications KNOWLEDGE, SKILLS, AND ABILITIES:
Solid knowledge of catastrophe models
Working knowledge of claims procedures
Knowledge of basic insurance operations
Knowledge of fitting models to insurance data
Thorough knowledge of reserve concepts
Thorough knowledge of ratemaking concepts
Working knowledge of accounting procedures
Highly proficient in advanced statistical modeling, quantitative
skills and problem-solving skills, data mining, database, and
Ability to design, develop reports and information in such a way as
to be meaningful to the recipient of the information
Strong written and verbal communication
Ability to apply insurance knowledge and problem-solving skills
independently and creatively to insurance specific issues
Ability to communicate complex and technical topics to
Advanced proficiency of all Microsoft Office Products to include
Word, Access, Excel, PowerPoint, Outlook
Ability to prioritize, multi-task in a demanding work
Ability to lead, engage, network and influence at all levels
including the team level
Advanced analytical and math skills
Ability to develop and maintain strong working relationships,
navigate the organization, and leverage relations to achieve
REQUIRED EDUCATION AND EXPERIENCE:
- 5 + years of actuarial or related experience AND experience in
the Florida property market
- 2 of the 5 years supervisory experience in managing teams
- High School Diploma or equivalent.
- Master's degree in actuarial science, mathematics, statistics,
or related subject
- Associate of the CAS (Casualty Actuarial Society)
- CAS designation of FCAS
- PhD with emphasis on data modeling
- Understanding of the property casualty insurance ratemaking and
- Experience dealing with regulatory bodies as it relates to
property rate issues
- Substantial actuarial experience in property insurance industry
with a focus on statistical analysis
This position requires the ability to sit for long periods of time,
hear and converse over the telephone and key frequently on a
computer (4 or more hours per day).
We offer unlimited career potential, excellent training and
development opportunities, and a structured Career Development
program to explore future roles of interest while growing and
developing in your existing role.
Citizens offers a competitive compensation and benefits package
that includes comprehensive medical/dental, Retirement Savings
Plan, Vacation and Sick Time, EAP, Tuition Reimbursement, Community
Service and much more!
- Retirement savings plan with a generous company match
- Medical, dental and vision coverage
- Company Paid employee basic life insurance and short-term
- Generous paid time off: vacation, sick and holiday
- Employee Assistance and Wellness Programs
- Tuition reimbursement
- Professional and leadership development opportunities
- Flexible work schedule and Alternative Work
- Company Paid Parking
- Employee recognition programs
- Relocation assistance (where applicable)
- Community and volunteering opportunities
- Casual dress
Citizens is Proud to Be an Equal Opportunity Employer
Visa Sponsorship is not available for this position.
Primary Location: US-FL-TallahasseeOther Locations:
US-FL-JacksonvilleWork Locations: Tallahassee 2101 Maryland Circle
Tallahassee 32303Job: FI - ActuarialOrganization: CPIC BUJob
Posting: Jul 28, 2022, 7:07:36 PM
Keywords: Citizens Property Insurance Corporation, Jacksonville , Mgr - Actuarial Research, Other , Jacksonville, Florida
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