Actuarial Analyst (Reserving)

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. We welcome the best and brightest to our thriving team, building a dynamic and diverse workforce guided by an entrepreneurial spirit. Join a company built on agility, innovation, and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

About the role

We are seeking a driven, curious, and adaptable Actuarial Analyst to join our reserving team. The strongest candidates are problem solvers who enjoy working with data, pick up new methods quickly, and adapt their approach to best solve problems. You will work closely with a small, collaborative team and grow across reserving, loss analytics, and claims integration.

Responsibilities

• Support the quarterly company reserve analysis in Arius, including data preparation, analysis, and diagnostics.
• Contribute to IBNR estimation and segmentation by coverage and tail length.
• Help surface loss and claims signal between the quarterly cycles.
• Provide reinsurance analytical support.
• Nurture feedback loop between Reserving and Pricing functions.
• Support claims integration, data quality, and internal data asset development.
• Take on research, process improvement, and new analysis and tooling as needs shift.

Requirements

• Bachelor's degree in mathematics, statistics, or actuarial science preferred.
• Actuarial exams underway, typically about three passed, with a desire to work toward the ACAS and/or FCAS credential.
• Typically about three years of actuarial or similar analytical experience, with strong potential weighted alongside.
• Curiosity, adaptability, and a bias to learn new tools and methods.
• Experience in the finance or insurance industries is a plus.

Skills

• Build strong relationships through transparency, trust, and respect.
• Work in an agile environment with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Demonstrate integrity and do the right thing with strong conviction.
• Be bold and innovative to help make an impact.
• Work autonomously and drive progress.
• Think creatively and pragmatically with intellectual curiosity.

Benefits

• Full suite of medical benefits.
• Long-term financial incentives – stock!
• 401k with 3.5% automatic fully vested employer contributions.
• Competitive PTO + holiday program.
• Lifestyle spending allowance.
• Professional development assistance.
• Career exploration opportunities.
• Regular company-wide social events (even virtually!).

Pay

Job Applicant Pay Range: $80,000 - $142,000 + bonus potential & participation in our competitive Long-Term Incentive (LTI) Program. The range is for all US-based roles, benchmarked against companies of similar size and scope. Final offer amounts are determined by candidate experience and qualifications.

Palomar is committed to diversity, equality, and inclusion in all facets of the organization. We celebrate the diversity of our workforce and champion equality and inclusion practices.