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AAA Auto Club Enterprises · 10 hours ago

Actuarial Manager

Coppell, TX

Full-time

Onsite

Senior Level

6+ years exp

AAA Auto Club Enterprises is the largest federation of AAA clubs in the nation, seeking a hands-on actuary to lead a small team. The role involves directing data development for pricing and reserving analysis, supervising staff, and partnering with various departments to execute financial strategies.

Insurance

Responsibilities

You will direct the development of the data needed to support the analysis of pricing, rating plans, reserving, and research projects. Develop specifications for Information Systems to develop the needed data extracts, and monitor the data developed for accuracy and completeness

You’ll hire, train, and supervise staff. Develop goals and conduct performance appraisals. Approve and initiate salary increases, promotions, terminations, and other changes in employee status

You will partner with Product Management, Underwriting, Claims, Sales, Regulatory Affairs, and Office of the General Counsel to develop strategies, assess the financial and marketing impact of those strategies, and follow up to assure effective execution

You’ll perform the review of loss reserves and recommend amounts to maintain accurate and adequate levels

You will perform analysis of competitors' rating plans and rate levels identifying areas where they have competitive advantages and weaknesses. Provide recommendations for changes to rating plans based on the analysis

You’ll develop forecasts of anticipated loss experience, considering current results and environmental trends, to support the budget process and financial analysis projects

You will prepare regulatory filings needed for rate and rate plan changes. Complete all correspondence, coordinate the internal review before submission, and team with Regulatory Affairs to assure prompt approval by the regulators. Work with regulatory staff to respond to their questions