Pricing Analyst

• 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

Explore Pricing Analyst at National Indemnity Company. Review requirements and application details.