Policy Analyst – Property/Casualty

As the Casualty Policy Analyst for The American Academy of Actuaries (the Academy), you will oversee a portfolio of issues related to property/casualty insurance public policy and regulation at the state and federal levels. Your ability to professionally and confidently engage and build relationships with policymakers and regulators will assist the Academy to increase recognition of the U.S. actuarial profession’s value. We will rely on you to support the Casualty Practice Council, the Academy’s property/casualty policy steering committee on legislative and regulatory issues of importance to Academy members and the U.S. actuarial profession. You will assist the committees of volunteers in developing and producing public policy statements, including issue briefs, comment letters, and practice notes as well as a year-end seminar and periodic webinars.

In this role, you will spend approximately half of your time working with our Casualty Practice Council, committees, subcommittees, task forces, and workgroups providing staff support to plan meeting agendas, drive for consensus, and manage the flow of action items to ensure efficient committee operations. You will also represent the Academy on property/casualty issues, coordinating with public policy decision-makers including at the federal level with congressional staff and committees and executive branch agencies and at the state level with state legislators and regulators with state departments of insurance. You will be facilitating volunteers’ interactions with these stakeholders through presentations and briefings, and providing comment letters and analysis. The remainder of your time will be spent on strategic planning in conjunction with the internal public policy team about proactive projects, research initiatives and developing relationships with key stakeholder organizations to determine where the Academy can add value to strengthen its profile in property/casualty public policy.

In this high visibility position, you will work on a wide range of issue areas pertaining to automobile insurance, cyber risk, climate risk, and flood insurance among many others. We are an objective, independent, nonpartisan organization that works on behalf of the profession for the formulation of sound public policy. We are a balanced and objective organization, allowing our analyses to lead to the conclusions.

Organization Overview

The Academy is a D.C.-based 19,500+ member professional association whose mission is to serve the public and the U.S. actuarial profession. Academy members include consultants, corporate executives and staff, regulators, government officials, academicians, and retired actuaries. Their areas of practice cover pensions, life insurance, casualty insurance, health insurance, financial reporting, risk management, and more.

The Academy assists public policymakers on all levels by providing leadership, objective expertise, and actuarial advice on risk and financial security issues. The Academy also sets qualification, practice, and professionalism standards for actuaries credentialed by one or more of the five U.S.-based actuarial organizations in the United States.

Many of today's most pressing public policy issues require the sound application of actuarial principles. The Academy provides actuarial expertise and advice to public policy decision-makers on a wide array of issues that require the special set of skills and qualifications that actuaries offer. It also advocates on behalf of the profession and promotes the use of actuaries in non-traditional industries.

Responsibilities

• Assist members of the Casualty Practice Council and its committees, workgroups, and task forces in the development of public policy statements.
• Provide staff support for the administration of the operations of the Casualty Practice Council and related committees, workgroups, and task forces, including drafting meeting minutes, maintaining records, developing agendas, tracking projects, and coordinating members’ efforts.
• Monitor relevant property/casualty insurance legislation and regulations of importance to the Academy’s members and the actuarial profession.
• Build relationships with public policy decision-makers to increase awareness of the Academy’s role as a source of independent analysis and actuarial expertise.
• Work to increase recognition of the actuarial profession’s value by policymakers and suggest initiatives to increase the effectiveness of the Academy’s policy efforts.
• Work with the Assistant Director for Research to identify timely research needs on public policy issues and actively disseminate research results.
• Develop contacts with other actuarial and related organizations.
• Interact collegially with other Academy staff to coordinate efforts of mutual interest.
• Work with Director of Public Policy, Deputy Director, and Senior Casualty Fellow to coordinate the activities under the purview of the Casualty Practice Council.