Actuarial Assistant - Loss Reserving, Unitrin Direct

  Looking for a career with growth potential, rewarding benefits, and a great working environment? Look no further.   Unitrin Direct is a direct to consumer auto insurance company with the perfect balance of benefits. We offer the kind of exciting work environment you'll really appreciate. We're small enough to provide exceptional growth opportunities yet, as part of a family of insurance companies that have served the needs of millions of consumers for decades (Unitrin, Inc.), Unitrin Direct Auto Insurance has the means to offer the benefits, security, and financial stability of a large, established organization. In short, we're simply the right choice.   Actuarial Assistant - Loss Reserving  – Chicago, IL Apply online at: https://home.eease.com/recruit/?id=52666   POSITION SUMMARY: Provides support for the analysis of loss and expense reserves and completion of related financial reports for Unitrin Direct and affiliated companies. The analyst should be able to prepare and analyze data and communicate results and findings. The role will support Product Management and Finance, helping to ensure reserves are accurate with minimal variation, so that profit is accurately reflected in the company’s financial statements. The Senior Actuarial Analyst will have the opportunity to lead or assist in analysis, research, and enhancement of processes that impact financial results.    ESSENTIAL JOB FUNCTIONS: PREPARES and MAINTAINS statistical data and reports used to assess loss and expense reserving needs. COMPLETES monthly and quarterly reviews of loss and expense reserves by segment, RECOMMENDS changes to reserve levels, and COMPLETES appropriate documentation. PROVIDES support to assist Finance, Pricing, and Product Managers in communicating and understanding financial results relative to reserve changes. ANALYZES changes to claims processes and products to determine how they impact development of losses and expenses, and work with management to gain a common understanding of those impacts. COMPLETES reviews of reserving processes and RECOMMENDS enhancements to those processes to improve efficiency and accuracy. SUPPORTS broad research projects such as analysis of statistical reserves. PREPARES monthly, quarterly, and annual financial reports. May also ASSIST in pricing analysis.  ATTRIBUTES: ·  Integrity – Maintains confidentiality. Reveres accuracy and timeliness in financial reporting. Deals with others in a straightforward and honest manner. Accepts accountability for actions and decisions. Supports Unitrin Direct values. ·  Self-Motivated - Takes independent action to solve problems and generate new ideas. Seeks responsibility and takes on tough assignments to improve skills. Practices self-development to keep knowledge and skills in line with company and industry job related standards. Meets commitments, accepts accountability and meets attendance/punctuality requirements ·  Analytical - Recognizes areas of opportunity, systematically gathers information, sorts through complex issues to address route cause of issues and makes timely decisions. Understands the difference between critical details and unimportant facts. Can make difficult decisions and uses consensus when appropriate. ·  Organized - Maintains a clean and functional workspace, effectively manages distractions and interruptions. Works systematically and efficiently. Is attentive to detail and accuracy. Balances short and long-term goals and keeps own work aligned with overall office and company goals. ·  Collaborative - Values the differences in others. Speaks and writes professionally and is appropriately diplomatic in all communications. Builds intra/inter-department relationships to achieve common company goals and objectives. Welcomes newcomers and promotes a team atmosphere.   EDUCATION/EXPERIENCE REQUIREMENTS: College degree required, preferably in mathematics, statistics, or actuarial science. 3-5+ years experience in an actuarial role with a property/casualty insurance company required, preferably including personal lines and loss reserving. 3+ Casualty Actuarial Society exams required, 4+ exams preferred, with intention of continuing to progress through CAS exams. Excellent analytical, organizational, and time management skills. Expertise in Microsoft Excel, as well as data extraction tools such as SAS.  Must have good oral communication, writing, and interpersonal skills, and be able to take initiative, working with limited supervision. Actuarial Assistant - Loss Reserving  – Chicago, IL Apply online at: https://home.eease.com/recruit/?id=52666   PHYSICAL REQUIREMENTS: Position requires extensive use of keyboard involving repetitive motions with fingers, sitting for prolonged periods of time, and extensive use of the telephone and face-to-face communication that requires accurate perception of speech as well as talking and hearing. The position frequently requires the ability to visit employee workstations and other work areas. The position requires close vision, distant vision, and the ability to adjust focus. There is moderate noise in the work environment.     The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. The incumbent must have the abilities or aptitudes to perform each essential function proficiently. Unitrin Direct is a dynamic work environment where positions evolve and change. Therefore, Unitrin Direct reserves the right to modify, delete, or add job duties, responsibilities and skills that are stated in this job description at any time.   Job Code : 1535 Division/Department : Unitrin Direct Travel Required : None   Position InformationLocation:Chicago, IL 60601Status:Full Time, EmployeeJob Category:Accounting/Finance/InsuranceRelevant Work Experience:2+ to 5 Years         © Unitrin Direct Auto Insurance