Rating Analyst

Location
Albuquerque, New Mexico
Salary
Open
Posted
Sep 20, 2016
Closes
Oct 20, 2016
Job Type
Full Time
Career Level
Entry Level

Job Title:  Rating Analyst

Department:  Actuarial

Work schedule:  8:00 A.M. to 5:00 P.M., Monday through Friday, or approved alternate flex-time schedule 

Exemption status:  Non-exempt

Summary of duties and responsibilities:  Will be responsible for assisting the Chief Actuary in preparing rate indications and filing of rates, rules and forms in a seven state region for all commercial lines of business.  (States = Colorado, New Mexico, North Dakota, Texas, Utah, Wyoming, Montana).  Lines of business = work comp, general liability, commercial package liability, commercial package property, monoline property, commercial auto). Will also have the opportunity to produce various monthly reports.

Primary duties and responsibilities:

  • Researches data sources and requirements; retrieves and manipulates data.
  • Creates analysis to determine indicated rate changes.
  • Ensures rates, rules, and forms are in compliance with State Department of Insurance.
  • Maintains log of filings.
  • Administers web-based filings for state insurance department requirements.
  • Completes necessary filing forms and coordinates the preparation of support material needed for the filings.
  • Prepares reports for distribution to other departments.
  • Documents assumptions, methods, sources, considerations; organizes documents.
  • Develops personal work schedule to ensure timely completion of assigned tasks.
  • Performs other related duties and assignments as required.

Education, prior work experience, and specialized skills and knowledge:

  • Bachelor’s Degree in Insurance, Mathematics, Actuarial Science, Finance or related field
  • Proficient in Microsoft Excel and Word
  • Proficient in SQL or similar
  • Must be able to work independently

Physical requirements: 

Sitting for extended periods of time, walking, climbing, bending, stooping, lifting up to 35 pounds.