The Auto Club Group Actuarial Financial Analyst I in Dearborn, Michigan

The Auto Club Group (ACG) provides membership, travel, insurance and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.

  • Primary Duties and Responsibilities (details of the basic job functions): *

Learns and begins to apply various actuarial techniques and procedures including:

  • Deterministic development of reserves, capital analysis, and models for current property/casualty insurance coverage and products

  • Analyzing and preparing summary reports

  • Reconciling data

  • Formulating and interpreting reserve models using available tools

  • Analyzing data, developing material and preparing appropriate communication

Works with Information Technology in gathering and verifying data, and special projects. Manipulates data for actuarial review using standard software packages. Begins to apply actuarial methods and principles to develop reserve projections, complete projects, analyze results and make recommendations. Researches suitable trend indications for analysis. Prepares reports, proposals, system documents, narrative support, procedures, and documentation files. Provides support to projects as required.

Supervisory Responsibilities (briefly describe, if applicable, or indicate None):

None

  • Preferred Qualifications: *

Experience, Knowledge and/or Skills:

  • Programming software (i.e. SQL, SAS, R)

  • Statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusions

  • Loss reserving

  • Insurance industry terminology and concepts

  • Personal lines P&C

  • Insurance and/or reinsurance accounting or financial analysis

  • Work Environment ** : *

Works in a temperature-controlled office environment.

  • Required Qualifications (these are the minimum requirements to qualify): *


Education (include minimum education and any licensing/certifications):

  • Bachelor's degree in Actuarial Science, Mathematics, Finance, Statistics or a related field.

  • Successful completion of one or more actuarial examinations either prior to or within 18 months of date of hire.

  • Maintain eligibility in the Actuarial Professional Development Program following company guidelines.

Experience:

  • Using advanced spreadsheet applications (i.e. EXCEL), including macros and formulas, as well as other software applications (i.e. Microsoft Office)

  • Performing research and statistical analyses to complete assignments

  • Analyzing technical studies and data and drawing sound conclusions

Knowledge and Skills:

  • Preparing and presenting material up to the director level

  • Managing workflow to achieve multiple goals

  • Working individually and as part of a team

  • Communicating effectively with others in a work environment.

The Auto Club Group offers a competitive compensation and benefits packages including a base salary with performance based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership and much more!

The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.

Job: *Finance/Accounting

Organization: *Finance

Title: Actuarial Financial Analyst I

Location: MI-Dearborn

Requisition ID: 180001RV