Actuarial Analyst
Risk Analysis and Assessment
Collect, analyze, and interpret large datasets to support actuarial analyses and business decision-making.
Prepare and maintain monthly actuarial reports and performance metrics.
Identify trends, patterns, and emerging risks that may affect profitability, growth, and risk exposure.
Actuarial Modeling
Develop, maintain, and enhance actuarial models for pricing, reserving, and forecasting purposes.
Perform quantitative analyses using Excel and other analytical and programming tools.
Validate model assumptions, methodologies, and results to ensure accuracy and reliability.
Pricing and Rate Filing
Analyze claims experience, loss trends, and evaluate risks associated with insurance products and business operations.
Recommend pricing and rating modifications to maintain profitability and market competitiveness.
Support rate filing activities, including data preparation, actuarial justification, and regulatory responses.
Reserve Analysis and Forecasting
Assist with quarterly reserving analyses to estimate future claim liabilities and reserve requirements.
Monitor reserve adequacy and support financial reporting and regulatory requirements.
Participate in budgeting, forecasting, and business planning activities.
Professional Development
Progress toward Casualty Actuarial Society (CAS) credentials through successful completion of actuarial examinations.
Stay current with industry developments, regulatory changes, and emerging actuarial methodologies.
Qualifications
- High School Diploma or equivalent required.
Bachelor’s Degree in Mathematics or comparable discipline required. - 3 years of Property & Casualty pricing and reserving experience required.
Experience in Workers’ Compensation or Farm lines industry preferred. - Must have strong spreadsheet and database software skills.
Prior experience with statistical software preferred. - Strong written and oral communication skills.
Pay, Benefits, And Other Information
The expected salary range for this position is $93,070 to $116,338.
Actual pay will be adjusted based on experience, geographic location, and other job-related factors as permitted by law.
Qualifications May Warrant Placement in a Different Job Level
Benefits
- Medical, Dental and Vision Insurance
Flexible Spending Accounts
Paid Parental Leave
Life, AD&D and Disability Insurance
401(k), Employee Share Purchase Plan (ESPP)
Education and Training Reimbursement
Paid Leave: 3 weeks/year Vacation, 2 weeks/year Sick Leave
10 paid Company Holidays, 2 Personal Days, 2 Floating Holidays
Employee Assistance Program (EAP)