Southern Farm Bureau Casualty Insurance Company’s Post

February is #InsuranceCareersMonth, so let's take a look at how our employees got into the insurance industry! Isaac Adegbenro, our Senior Product Analyst, speaks on his journey after graduating from University of North Texas in 2019 to present day. #InsuranceCareers #careers #AmericanIntegrityInsurance #insurance #propertyandcasualty

Another reason to read the recent Cap Gemini Report on how underwriting trailblazers perform significantly better than most insurers. With a playbook to bridge the gap. If you missed it my own The link below shows ways to tackle the key hurdles of a lack of data maturity/fluidity hindering UW outcomes and not involving underwriters early enough. Plus examine how to leverage core systems, Policy Admin, AI-powered solutions, underwriter's workbenches, claims, supply chain, counter-fraud, automated data management tools, and other point solutions to manage the intersection of all these systems. Luca Russignan Rory Yates Daren Rudd 👓 Juliette Lockstone Lisa Wardlaw Ron Arnold Frederik Bisbjerg David Clamp Ron Arnold Paul Maker Gee Pugsley Gillian Baker Eric G. Chris Payne Andre Symes Ed Halsey Gavin Peters Andrew Passfield Tim Hardcastle .

This blog is part one of a two-part series by Barb Fawcitt, Assistant Vice President at USA Risk Group (Cayman) Limited and James Trundle, Vice President at Global Captive Management Ltd. (GCM). In the next part, they will explore due diligence, data and stewardship, financial soundness, and the dual obligations of the Insurance Manager. Click on the link below and stay tuned for part two coming later this month!

#hiring PBM Underwriting / Financial Analyst, Las Vegas, United States, fulltime #jobs #jobseekers #careers #LasVegasjobs #Nevadajobs #Accounting Apply: https://lnkd.in/gdVfgDBZ Position Overview: As a PBM Underwriting / Financial Analyst, you will play a critical role in supporting the RFP processes and conducting financial analyses for SlateRx and its clients. Your responsibilities will include conducting repricing exercises, analyzing value propositions, and collaborating with various teams to inform future strategies.Supervisor: Director, Underwriting and Financial AnalysisKey Responsibilities:As an PBM Underwriting / Financial Analyst, your key responsibilities will include:Support RFP processes by assisting in the completion of financial questionnaires.Conduct repricing exercises and retrospective analyses of deal performance for clients and their advisors.Analyze the value proposition for prospective clients.Complete repricing and related requests as needed.Conduct in-depth financial analysis to compare relative value between different deal structures.Evaluate client ROI or opportunities arising from SlateRx programs.Provide expert responses to complex questions from internal resources, including implementation and account teams.Produce gross to net cost comparisons to guide decision-making.Collaborate with the clinical team to develop therapeutic class or category-based financial scorecards for future strategic planning.Address other financial inquiries originating from SlateRx administration and analytics teams.Capabilities:Proficient in collecting and extracting relevant data from various sources, including pharmacy insurance claims databases. Skilled in utilizing data analysis tools and techniques to identify trends, patterns, and insights that contribute to informed decision-making.Ability to assess and quantify risk factors associated with PBM contracts and pricing strategies. Proficiency in identifying potential financial risks and proposing mitigation strategies.Strong aptitude for building complex financial models to simulate different scenarios, pricing structures, and underwriting outcomes. Expertise in using modeling software and spreadsheet applications for accurate financial projections.In-depth understanding of the intricate details and terminology commonly found in PBM contracts. Proficient in reviewing, interpreting, and negotiating contract terms to optimize financial outcomes and minimize potential liabilities.Familiarity with statistical methods and techniques for evaluating data significance and drawing meaningful conclusions. Capable of performing statistical analyses to support underwriting decisions and pricing strategies.Excellent verbal and written communication skills with the ability to convey complex financial concepts and analysis results in a clear and understandable manner. Comfortable presenting findings to internal teams, clients,

Maximizing Your Financial Security with the Right Insurance Policies The finance insurance industry is a dynamic and rewarding field, offering a range of career opportunities for those interested in combining financial expertise with risk management. Whether you're a recent graduate or looking to pivot your career, this sector offers stability, growth potential, and the chance to make a significant impact on individuals and businesses alike. In this blog, we'll explore various finance insurance jobs, the skills required, and tips for launching a successful career in this indust clicking here:https://lnkd.in/dHJKTPvy

Our Head of Broking, James Norris, has recently provide some insightful feedback on the Broker Insights data management platform available via Cobra Network. https://lnkd.in/eu7ufRgY Having instant access to management information is extremely important in order that we can review growth areas of the business as well as targeting sectors or certain trades where we believe we can improve our offering. This also allows us to constantly review our insurer partner performance is terms of overall GWP. The Vision platform has allowed much easier access to this information, meaning the team has more time to undertake the important task of servicing our clients. #DataManagement #BrokerInsights #insurance #construction #constructioninsurance

Our Head of Broking, James Norris, has recently provided some insightful feedback on the Broker Insights data management platform available via Cobra Network. https://lnkd.in/eu7ufRgY Having instant access to management information is extremely important in order that we can review growth areas of the business as well as targeting sectors or certain trades where we believe we can improve our offering. This also allows us to constantly review our insurer partner performance in terms of overall GWP. The Vision platform has allowed much easier access to this information, meaning the team has more time to undertake the important task of servicing our clients. #DataManagement #BrokerInsights #insurance #construction #constructioninsurance

A great showcase for how Broker Insights can help with all aspects and elements of your MI. A great piece from Genesis Risk Solutions Limited and James Norris

I enjoyed this conversation with Kevin Rampe last week at #RISKWORLD for Risk & Insurance! We talked about the future of claims, talent management, and empathy along with trends, data, and leading tools. Check out this interview and learn more from Kevin! Thanks to Kevin and Chubb! #risk #riskmanagement #insurance #abileads #cpcu #claims #claimsmanagement

Great article in Digital Insurance this morning about Chubb's executive vice president, middle market, and chief underwriting officer, Michelle McLaughlin. According to the article, McLaughlin "leads a division that writes $6 billion in premiums for policyholder companies that have as much as $1 billion in revenue. The article also indicates "McLaughlin leads a 60-person team and has broad responsibilities for profit and growth. Aside from her group's external clients, she also supports Chubb's senior management and underwriters." It's a lot of responsibility, no doubt, but, it's her thoughts on data that have us paying close attention. "One of the major transitions that I've seen over the past 27 years, and it's progressed every year, is the ability to use data," McLaughlin said in the article. "We can now use data to better manage our portfolio, but also provide that data to our underwriters so they can make better account underwriting decisions." Data is the lifeblood of the insurance industry and Percipience knows data. Percipience's core system agnostic, data and analytics platform, Data Magnifier, helps insurers organize, access, utilize, and monetize existing and new or third-party data. You can read the rest of the Digital Insurance article here: https://lnkd.in/dEv74SFj And, you can visit the Percipience website to find out more about what Data Magnifier can do for you here: www.Percipience.com. #data #insurance #insurtech #underwriting #analytics #insurancedata