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Pricing Analyst
National Indemnity Company. Compile data, calculate statistics, and develop analyses for insurance rating studies .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in statistical analysis and data compilation for insurance pricing, utilizing mathematics and finance principles. Proficient in preparing regulatory documentation and collaborating with software teams to enhance pricing systems.
Highest-signal resume keywords
Statistical AnalysisInsurance PricingSpreadsheet ProficiencyRegulatory ComplianceData Organization
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Statistical AnalysisData CompilationInsurance PricingMathematicsFinance PrinciplesRate Manual PreparationStatistical StudiesData AnalysisLoss Development FactorsExpense Loads
Soft Skills
Attention to DetailVerbal CommunicationWritten CommunicationIndependent WorkConfidentiality
Tools & Technologies
Spreadsheet SoftwareComputerized Pricing Systems
Industry Keywords
Property and Casualty InsuranceUnderwriting PracticesState Filing FormsInsurance Department InquiriesRegulatory Requirements
About the role
Key responsibilities & impact- Compile data, calculate statistics, and develop analyses for insurance rating studies
- Analyze company experience, statistical information, and underwriting practices to calculate indicated changes in rate levels
- Perform ongoing statistical studies of pricing components, including loss development factors, trend factors, increased limit factors, and expense loads
- Apply mathematics, statistics, finance, and business principles to property and casualty insurance pricing problems
- Prepare and revise company rate manual pages based on approved pricing and underwriting decisions
- Compile exhibits, explanations, statistical analyses, state filing forms, and supporting materials for company rate filings
- Assist with responses to state Insurance Department inquiries, including actuarial justification of filed rates
- Research and summarize state laws and regulatory requirements affecting insurance coverages and communicate issues for appropriate review
- Prepare written instructions regarding rate and product changes and respond to questions about company rate structures
- Maintain worksheets and programs used to generate assigned product manuals
- Support computerized pricing systems and related information, including rate changes, rate level indications, loss statistics, actuarial reports, and loss development triangles
- Participate in the development, modification, and testing of technology supporting assigned product lines
- Partner with software development teams to help ensure technology solutions are straightforward and easy to use
- Support special actuarial and pricing projects and monitor relevant regulatory, legislative, and insurance industry developments
Requirements
What you’ll need- Bachelor’s degree in a related field or equivalent work experience
- One or more years of relevant work experience
- Proficiency with spreadsheet software
- Strong ability to organize and analyze data with accuracy and attention to detail
- Excellent verbal and written communication skills
- Strong computer proficiency and ability to learn quickly
- Ability to work independently, manage detailed work, and maintain confidentiality
- Position is not eligible for employer visa sponsorship
Benefits
Comp & perks- Large company benefits
- Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development
- Online wellness portal
- Complimentary state-of-the-art onsite fitness center at the Omaha office
- Wellness program
- Retirement and savings plan with immediate enrollment
- 100% employer match up to 5%
- Medical, Dental and Vision for regular, full-time employees and eligible dependents
- Dedicated Learning & Development program
- 100% upfront Educational Reimbursement program
- Subsidized downtown parking
- Competitive time off policies including parental leave
- Employee Assistance program