Skills & Experiences

Mastery

Mastery

Transitioning to technical consultant / leader of a team of actuaries with increased autonomy and decision making power

Core Skills

Strategic thinking; operational leadership; change management; teaching / coaching; conflict management

Key Experiences

Providing cross functional guidance and leadership to underwriting, risk management, claims, etc. to inform business/product development, process optimization, and effective claims management; Managing and facilitating the process of rate making, reserving, and managing risk; Contributing to or leading projects, implementing new or revised actuarial rules, models, and technology support / systems across the organization

Foundation

Foundation

Learning insurance fundamentals and applying principles of actuarial science

Core Skills

Time management; communication; detail-oriented; interpersonal; resourcefulness; active listening; building relationships

Key Experiences

Developing understanding of products / lines of business within your organization; Using resources available to help analyze risk being insured; Supporting team in developing / applying actuarial rules and underwriting frameworks; Providing solutions / alternatives to underwriters if risks do not fit product parameters; Building understanding of legal / regulatory framework

Building

Building

Building on your insurance fundamentals, experience, and actuarial acumen to date

Core Skills

Negotiation; building strong relationships (e.g. risk management, clams, underwriting, business development, etc.); initiative; analysis; multitasking; business communication

Key Experiences

Building more specialized modelling knowledge and insurance expertise; Growing comfort in supporting establishment of actuarial / underwriting rules; Manipulating / conducting analysis on data with increased nuance / complexity in the datasets; Determining rates, premiums, and reserve ratios in consultation with actuarial colleagues

Enhancing

Enhancing

Enhancing your insurance knowledge and actuarial expertise

Core Skills

Problem solving; creativity; managing relationships to foster success; providing support/advice to team members; critical thinking; strategic analysis; cross functional communication

Key Experiences

Applying specialized actuarial / insurance expertise to an array of models within a particular practice or product area; Having oversight of actuarial models used to inform insurance practice, compliance, and underwriting decisions; Providing advice / solutions to underwriting leads, loss control accounting, etc. with minimal supervision to ensure compliance and business optimization; Facilitating the process of rate making, reserving, and managing risk; Advancing understanding of regulatory framework / key business drivers