Actuarial Analyst
Tata Consultancy Services · San Antonio, TX · 1 mo ago
Finance$90k–$125k/yrFull-time
Responsibilities
- Understand and analyze assigned state filings, developing rates, performing trend analysis, revising rates, preparing documentation for the Department of Insurance (DOI), obtaining sign‑off from the Lead Actuary, and coordinating responses to DOI objections.
- Independently apply complex technical and actuarial methodologies to complete unstructured projects.
- Select and ensure quality of data used for trend analysis, translate business problems into technical requirements, run required models, interpret and communicate results to support business activities, and enhance a strong control environment under guidance from the Line of Business Director.
- Utilize actuarial, mathematical, or statistical techniques to augment actuarial work products.
- Apply knowledge of products, stakeholder needs, and industry trends to solve unstructured business problems.
- Ensure risks associated with business activities are identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
- Demonstrate competency with relevant actuarial, mathematical, and statistical techniques to support fact‑based decision‑making.
- Leverage intermediate knowledge of data analysis tools, data visualization, and develop analysis queries and procedures in Python, SQL, or other analysis software, connecting external insights to business problems.
Qualifications
- Bachelor’s degree in Actuarial Science (or Bachelor of Computing); alternatively, 2–5 years of related actuarial experience may substitute for the degree.
- 3 + years of actuarial experience, with 2–5 years of related experience acceptable in lieu of a degree.
- Minimum of two actuarial exams completed in the CAS program.
- Experience in Property & Casualty (P&C) insurance, specifically personal lines.
- State filing experience with the Department of Insurance for personal lines of insurance (preferred).
Skills
- Strong actuarial knowledge in property & casualty, reserving, and modelling.
- Proficiency with data analysis and visualization tools, including Python, SQL, and other analytical software.
- Ability to develop and execute analysis queries, integrate external data insights, and translate them into actionable business solutions.
- Solid understanding of actuarial, mathematical, and statistical techniques used for decision‑making.
- Familiarity with state filing processes and regulatory requirements.
Pay
Base Salary Range: $90,000 – $125,000 per annum.
Benefits
- Discretionary Annual Incentive.
- Comprehensive Medical Coverage: medical & health, dental & vision, disability planning & insurance, pet insurance plans.
- Family Support: maternal & parental leaves.
- Insurance Options: auto & home insurance, identity theft protection.
- Convenience & Professional Growth: commuter benefits, certification & training reimbursement.
- Time Off: vacation, sick leave, holidays.
- Legal & Financial Assistance: legal assistance, 401(k) plan, performance bonus, college fund, student loan refinancing.