Actuary - HYBRID

Position Overview

We are seeking a detail-oriented and analytical Actuary to support pricing, reserving, and analytical functions within our Commercial Auto team. This role focuses on commercial auto lines and offers strong long-term growth potential, including the opportunity to advance into a team lead or supervisory role. The ideal candidate has a solid foundation in actuarial principles, P&C insurance experience, and a desire to grow within a collaborative actuarial team.

Key Responsibilities

• Perform actuarial analyses to support pricing, rate indications, and profitability evaluations for commercial auto products
• Aid in building and maintaining rating models, assumptions, and documentation
• Analyze loss experience, trends, and exposures, and prepare actuarial insights to support business decisions
• Support reserve analysis, loss trend projections, and related actuarial tasks
• Prepare accurate and well-organized actuarial reports, exhibits, and presentations for management
• Collaborate with underwriting, claims, finance, and risk teams to align actuarial assumptions with business strategy
• Communicate complex actuarial concepts clearly to business partners and management
• Stay current with industry trends, regulatory changes, and emerging risk factors in P&C insurance
• Participate in process improvement, automation efforts, and actuarial best practices

Required Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
• 3+ years of professional actuarial experience in the P&C insurance industry
• Strong analytical and quantitative skills; comfortable working with large datasets
• Advanced Excel skills; familiarity with tools like SQL, R, Python, or SAS is a plus
• Excellent written and verbal communication skills; able to explain technical concepts to non-technical audiences
• Detail-oriented with strong organizational and problem-solving abilities

Preferred

• Experience working with Commercial Auto insurance
• Progress toward or completion of actuarial exams and pursuit of an actuarial certification (ACAS)
• Familiarity with predictive modeling or data visualization
• Experience working in a multi-state regulatory environment

Benefits

• Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
• Paid time off and sick leave
• 13 annual paid holidays
• 401(k) plan with up to 4% company match
• Flexible Spending Account (FSA) & Dependent Care FSA
• Quarterly Fringe Benefit reimbursements

About Us

At DB Insurance USA, we carry forward a legacy of excellence that began in South Korea in 1962 and expanded to the U.S. in 1984. Backed by the financial strength of a global powerhouse (AM Best Rating: A+, S&P Rating: A+), we combine world-class resources with the agility of a close-knit team. With offices in California, Hawaii, New York, and Guam, we provide innovative insurance solutions tailored to protect your property, business, and livelihood. We are committed to fostering a culture of inclusion and innovation, ensuring exceptional service and peace of mind for every policyholder.