Perr&Knight is seeking a Senior Actuarial Consultant that would support a supervising Consulting Actuary.  The Senior Actuarial Consultant’s responsibilities will include, but not be limited to, rate making and reserving projects for nearly all personal and commercial lines of business. 

The Senior Actuarial Consultant will work closely with a supervising Consulting Actuary and our other practice areas such as Product Design and State Filings.  In addition, it is expected that the Senior Actuarial Consultant will communicate and work directly with clients. The Senior Actuarial Consultant will be responsible for meeting a billing target. This position does not involve travel.  The Senior Actuarial Consultant will be eligible to participate in Perr&Knight’s actuarial education program as they pursue their actuarial credentials.

 
Typical Activities Include:

• Performing reserve analyses, class plan analyses, and rate level indications for property and casualty commercial and personal lines clients
• Preparing creative supporting exhibits for rate/rule filings, including preparing explanatory language, return on equity   exhibits, actuarial transmittals, etc. across most property and casualty lines of business
• Reviewing data received from clients for reasonability
• Corresponding directly with the client in working through data issues and investigating unusual results in experience
• Converting competitor base rates to common deductible/limit/ class 
• Drafting manual pages for new programs and creating state exception pages to address compliance issues
• Preparing support for rate/rule filings, including drafting explanatory language

Eligible candidates must exhibit the following characteristics:

• 2 to 5 years experience in the Property/Casualty insurance industry
• At least 4 actuarial exams
• Understanding of basic actuarial concepts and intermediate actuarial concepts such as: requirements for a complete filing package; interpolation of loss development factors; differences between projecting ultimate losses for reserving vs. pricing analyses; average rate level off-balance factors
• Familiarity with key annual statement exhibits
• Excellent Microsoft Excel, Word and Access skills. Visual Basic (macros) is a plus, but not required
• Ability to manage own deadlines and workload for multiple projects
• Ability to perform most tasks with minimal/moderate supervision
• Ability to think creatively/imaginatively
• Excellent Oral and written communication skills