Actuarial Analyst (Remote)

About the role

MEM Insurance is seeking an Actuarial Analyst to join their growing Finance team. The role supports pricing, reserving, and analytical initiatives that influence business decisions.

Responsibilities

• Support quarterly reserve analyses, including data preparation and trend analysis.
• Aid in pricing activities, such as rate indications and class ratemaking.
• Participate in rate implementation, testing, and filings, analyzing NCCI loss cost filings.
• Collaborate with Claims, Underwriting, and Compliance teams to gather inputs and support actuarial deliverables.
• Extract, clean, and validate data from multiple sources to support actuarial analysis.
• Perform foundational statistical analyses and summarize results for actuarial review.
• Maintain and update actuarial tools, models, and recurring reports.
• Identify data inconsistencies or unusual trends and escalate appropriately.
• Respond to internal requests for data and analysis from cross-functional partners.
• Develop reports, dashboards, and tools that support underwriting and operational decisions.
• Identify emerging patterns and trends in data and contribute to insight development.
• Build foundational knowledge of insurance products, risk drivers, and business operations.
• Prepare clear summaries, reports, and basic visualizations of analytical results.
• Communicate findings in a structured and easy-to-understand way.
• Collaborate with team members and stakeholders to support deliverables and timelines.
• Incorporate feedback to continuously improve work quality and effectiveness.
• Progress toward actuarial credentials through exam completion.
• Develop technical knowledge in actuarial methods, data analysis, and modeling.
• Participate in training and development opportunities to build capability.

Qualifications

• Bachelor’s degree in Business Administration, Mathematics, Statistics, Insurance, Finance, Economics, or a related field required.
• Progress toward actuarial credentials (minimum of 2 actuarial exams completed).
• Workers’ compensation experience preferred.
• No licenses required.