MECC Job Openings

If you are interested in a position listed below, please complete an APPLICATION FOR EMPLOYMENT and submit to careers@mwecc.com.

ACTUARIAL(1)

ACTUARIAL OPERATIONS TECHNICIAN

The responsibilities of the Actuarial Operations Technician include:

Maintaining and making improvements to our existing actuarial models
Assisting in the production of benchmark classification analyses
Recommending loss development factors, performing technical reviews of the quarterly reserve analyses, and providing pricing support to assigned territories
Ensuring that benchmark model input data and pattern files are kept current
Providing preliminary support for all benchmark state analyses
Updating critical values prior to benchmark model account testing
Preparing benchmark analyses for prescribed states to ensure that the most recent trends are being reflected in our pricing analyses
Aiding Account Managers in explaining changes to consulting customers
Working with IT programmers to ensure updates to benchmarking models are tested sufficiently to reduce or eliminate errors
Providing assistance on actuarial projects that will enhance the efficiency and reliability of MECC models
Working as a team player to review all necessary actuarial reserving reports
Pricing (during peak pricing periods only; 100% of time)
Early identification of data issues on individual accounts
Coordinating pursuit of data issues with team members based on requests and data priority
Providing timely and thorough account-specific exposure, loss and patterns files to team members

The knowledge and skills required are:

Bachelors degree-preferably in mathematics, statistics or actuarial science
One to three actuarial exams completed (preferred). We offer a competitive Actuarial Study Program
Basic verbal and written communication skills relative to conveying actuarial concepts/issues in understandable terms
Intermediate knowledge of insurance/consulting products and services
Understanding of benchmarking and pricing models
Intermediate knowledge of the workers’ compensation systems (benefit levels, adjudication issues, reforms, etc.)
Advanced MS Excel - ability to understand formulas, macros and write Visual Basic (VBA) code to automate spreadsheet processes
Intermediate LotusNotes, MS Access, PowerPoint and Word

SENIOR CLAIMS ANALYST

The responsibilities of the Senior Claims Analyst include:

The handling of claims assigned with potential excess exposure and the development of a relationship with the claim administration community to ensure performance of an acceptable standard.
Maintains an effective and current diary system to direct all assigned claims.
Requests authority to settle when a settlement opportunity is identified
Reviews and authorizes reimbursements within assigned authority level
Plans and conducts audit/TPA visits when required
Supports growth and retention of business accounts

The knowledge and skills required are:

Bachelor's in general studies, liberal arts or business
CPCU and AIC credentials preferred
Knowledge of industry accepted claim handling standards
Advanced Business writing, verbal communication, time management, and customer service skills Intermediate presentation and Project manager skills; beginner supervisory skills
Ability to prioritize and organize
Ability to analyze and provide solutions to problems using accepted management techniques and negotiate a win-win strategy
Ability to communicate effectively both verbally and in writing with management, peers, direct reports and individuals inside and outside the company
Audit a workers compensation claims program and draw conclusions about their ability to achieve best practice
Identify potential exposure during a routine audit review
Conduct an effective objective, objection or needs assessment
Develop and maintain skills in all company designated software programs like Excel, Word and Lotus Notes Cross-Discipline Scoring and Oracle Discoverer preferred
30-40% travel is required