Actuarial Analyst

Essential Responsibilities

• Pursues self-development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers; listening, responding to, and seeking performance feedback; acknowledging strengths and weaknesses; assessing and responding to the needs of others; and adapting to and learning from change, difficulties, and feedback.
• Completes work assignments by applying up-to-date knowledge in subject area to meet deadlines; following procedures and policies and applying data, and resources to support projects or initiatives; collaborating with others, often cross-functionally, to solve business problems; supporting the completion of priorities, deadlines, and expectations; communicating progress and information; identifying and recommending ways to address improvement opportunities when possible; and escalating issues or risks as appropriate.
• Supports actuarial documentation by assisting with the preparation and review for accuracy of the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
• Supports product line evaluations by assisting with analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and documenting product line performance, risk, and assumptions used in product development.
• Affords support to actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.
• Analyzes financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.
• Supports collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
• Supports actuarial modeling by learning and using actuarial models; assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software; and validating the data.

Minimum Qualifications

• Bachelor's degree in mathematics or related field AND Minimum two (2) years actuarial experience.
• Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Passed at least 4 actuarial exams toward an ASA or ACAS certification.
• The candidate must possess strong project management skills and an ability to work independently.
• Naturally, as an actuarial student, the candidate will be solid technically and analytically.
• The small staff is expected to complete three filings (individual PPO, small group HMO, small group PPO) timely and accurately.
• The candidate will work closely with the Executive Director at the direction of the Manager to improve supporting documentation.
• Experience in the construction of rate filings, including pricing and supporting documentation, is a plus.