Sr. Actuarial Analyst (Statistical Reporting)

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 and curious Senior Actuarial Analyst with a strong foundation across pricing, reserving, and data/tooling to join our growing actuarial team. Reporting to a VP, Actuarial, this role contributes directly to actuarial decisions across multiple business lines while developing leadership skills through mentoring, project support, and cross-functional collaboration.

A key part of this role is serving as a bridge between actuarial and adjacent functions (e.g., Statistical Reporting and Other Data Calls, Claims, Compliance, Underwriting, Product and Programs) to ensure actuarial support on cross-functional initiatives, such as the development of a Data Warehouse. The Data Warehouse will prepare statistical reporting, data calls, and other regulatory requirements at a policy, coverage, and transaction level.

The ideal candidate combines strong communication skills with technical expertise and experience organizing and analyzing data for actuarial and cross-functional analyses across an insurance company.

Responsibilities

• Translate statistical reporting, regulatory data calls, and other regulatory filing requirements into data requests for the Data Engineering team and Program Managers.
• Work with Program Managers to identify programs requiring data enhancements and act as an ongoing liaison to answer questions and provide support.
• Support Data Engineering by answering questions about potential Data Warehouse architecture and data sources.
• Collaborate with stakeholders across the organization to align on data reporting for consistency across actuarial reserving, pricing, statistical reporting, data calls, Annual Statement, and other reporting.
• Prepare and maintain reports for regulators, Underwriting, Product, Programs, Claims, and other internal stakeholders once the Data Warehouse is built.
• Support new program onboarding into the Data Warehouse and reporting.
• Leverage the Data Warehouse to enhance actuarial pricing models, tools, and methodologies supporting underwriting decisions.
• Use Data Warehouse insights to help other teams improve their analytic and performance monitoring capabilities.
• Mentor junior analysts by sharing knowledge, reviewing work, and supporting the actuarial student program.
• Monitor portfolio performance, profitability, and trends to inform business decisions and product strategies.

Requirements

• 5–8 years of experience in an actuarial role.
• Comprehensive understanding of data analytics in the P&C industry, specifically statistical reporting and/or actuarial pricing models using policy-level data.
• Propensity to leverage AI for tooling and model builds, with proficiency in SQL and Microsoft Office Suite; familiarity with coding languages such as Python, VBA, and/or R.
• A minimum of 3 actuarial exams passed; ACAS or FCAS preferred.
• Strong communication and organizational skills with the ability to present findings and recommendations effectively to cross-functional stakeholders.
• Demonstrated interest in mentoring and contributing to process improvement initiatives.

Skills

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

Benefits

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

Pay

Pay range: $113,000–$173,000 + bonus potential and participation in our competitive Long-Term Incentive (LTI) Program. The range is benchmarked against companies of similar size and scope. Final offer amounts depend on candidate experience and qualifications.