Actuarial Analyst

About the Role

We are seeking an Actuarial Analyst with a strong background in Property & Casualty insurance to join our team. This role focuses on state filings, reserving, and modeling within the personal lines sector.

Responsibilities

• Understand and analyze the assigned state, completing the state filing process including developing rates, trend analysis, revising rates, preparing documentation for the DOI, obtaining sign-off from the Lead Actuary, and coordinating responses to any DOI objections.
• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects.
• Select and ensure the quality of data used to perform trend analysis that supports rate level indications; translate business problems into technical requirements; run required models and interpret and communicate results to support business activities while executing and enhancing a strong control environment with guidance from a Director.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Apply understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Requirements

• Bachelor’s degree in Actuarial Science; or 2 to 5 years of related Actuarial experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• Minimum of 2 actuarial exams completed in the Casualty Actuarial Society (CAS).
• Must have P&C Insurance experience.
• Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, SQL or other analysis software, and relevant industry data & methods with the ability to connect external insights to business problems.

Qualifications

• State Filing Experience with the Department of Insurance (DOI) for personal lines of Insurance is preferred.
• Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.

Skills

• Actuarial Knowledge and Experience in Property & Casualty and Personal Lines.
• Proficiency in Actuarial Science - CAS, State Filings, Reserving, and Modeling.

Pay

$90,000 to $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, Time Off, Sick Leave & Holidays
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing

This response is AI-generated, for reference only.