Actuarial Analyst
- Employer
- Insurance Recruiting Solutions
- Location
- Remote within Northeast or Mid-Atlantic US
- Salary
- $100k to $120k
- Posted
- Aug 16, 2024
- Closes
- Oct 15, 2024
- Ref
- SAD9621
- Category
- Actuary
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
- Workplace
- Remote
About the Role
With the spirit of a start-up yet the security of nearly a billion dollars in written premium, my client is a specialty property and casualty insurance company with staff throughout the country. They provide admitted and non-admitted solutions to retail and wholesale distributors, managing general agents, and captive markets.
As Actuarial Analyst you will play a vital role in the client’s actuarial team, supporting various aspects of rate filings and loss reserving processes.
Duties & Responsibilities
- Assist in the development and implementation of rate filing for property and casualty insurance products, ensuring compliance with regulatory requirements
- Support the reserving process by analyzing loss data, evaluating trends, and projecting future claim liabilities, contributing to the accuracy of reserve estimates
- Perform data analysis to assess risk exposure, monitor underwriting performance, and identify emerging trends, providing insights to inform pricing and underwriting decisions
- Assist in the maintenance and enhancement of actuarial models used for pricing, reserving, and risk assessment, ensuring the integrity and reliability of model outputs
Skills & Experience
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
- 2 to 4 years of experience in property and casualty actuarial work
- 2 to 4 actuarial exams passed, with progress toward Associate of the Casualty Actuarial Society (CAS)
- Proficiency in actuarial software and programming languages, such as Excel, SQL, and R or Python
- Strong analytical and problem-solving skills, with the ability to interpret complex data and communicate findings effectively
Compensation, Benefits, & Perks
$100,000 to $120,000. Competitive benefits. Bonus ranging from 0-8% company + personal performance based. Very supportive in time and dollars of further exams.