Actuarial Associate
Core
Actuarial Associate supporting the Pricing function for the Lexington Excess Casualty segment by quantifying risk, pricing insurance, and reserving losses.
Role type
Associate actuary (pricing)
Builds
Pricing models, rate indications, and portfolio strategy for major insurance operating companies.
Domain
Insurance (Property Casualty / Excess Casualty)
Required skills
Actuarial science, statistics, pricing methodologies, data validation, loss trend analysis, budgeting, reporting
Preferred skills
None stated
Technologies
None stated
Responsibilities
Support development of pricing models and rate indications using actuarial and statistical techniques; Prepare, validate, and reconcile data used in pricing analyses; Assist in pricing analyses, rate proposals, and supporting documentation; Support implementation of rating changes in systems, including testing and validation; Monitor loss trends and portfolio performance metrics; Assist with research of market trends and competitor behavior; Produce recurring reports supporting portfolio monitoring and pricing decisions; Document methodologies, assumptions, and outputs.
Seniority
Associate (entry-level to mid-level)