Key Responsibilities:
- Design, develop, and implement AI-powered solutions, including machine learning and deep learning models, to enhance actuarial modeling, pricing, and reserving.
- Utilize large language models (LLMs) to automate and improve actuarial and underwriting workflows, such as data extraction, report generation, and process optimization.
- Collaborate with actuaries, underwriters, and other stakeholders to identify opportunities for AI and automation to address business challenges and improve decision-making.
- Develop and maintain data pipelines and infrastructure to support AI model development and deployment.
- Conduct thorough testing, validation, and monitoring of AI models to ensure accuracy, reliability, and compliance.
- Stay up-to-date with the latest advancements in AI, data science, and actuarial science, and apply them to improve our practices.
- Communicate complex technical concepts and findings to both technical and non-technical audiences.
- Contribute to the development of best practices and standards for AI development and deployment within the actuarial function.
Job Requirements:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Computer Science, or a related field.
- Strong understanding of actuarial principles, practices, and techniques, including experience in areas such as pricing, reserving, and risk management.
- Proficiency in Python programming, including experience with relevant libraries
such as pandas, NumPy, scikit-learn, TensorFlow, and PyTorch. - Experience in developing and deploying AI solutions, including machine learning models (e.g., regression, classification, clustering) and deep learning models (e.g., neural networks, transformers).
- Experience working with large language models (LLMs) and applying them to solve business problems.
- Strong data manipulation and analysis skills, including experience with SQL and database management.
- Excellent problem-solving, analytical, and critical thinking skills.
- Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
- Ability to work independently and manage multiple projects simultaneously.
- Experience working in actuarial responsibilities.
- Preferred: ASA or FSA.
- Preferred: Masters degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, or Data Science.
- Preferred: Experience with cloud computing platforms (e.g., AWS, Azure, GCP).