Job Description
Associate Actuary
Job Summary
Seeking a highly skilled and motivated Associate Actuary to lead complex actuarial analyses, support business decision-making, and contribute to the development of actuarial processes and team capabilities. This role offers exposure to a broad range of insurance products and provides opportunities to take ownership of projects from analysis through implementation.
This position offers a hybrid work arrangement.
Responsibilities
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Lead rate indications, reserving analyses, profitability studies, and other actuarial projects across multiple lines of business, including BOP, Umbrella, Workers’ Compensation, and Commercial Auto.
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Provide actuarial support for a variety of insurance products, including specialty and catastrophe-exposed risks.
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Support the development and filing of rate changes with regulatory authorities.
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Apply actuarial and business expertise to develop effective, data-driven solutions.
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Identify and implement improved methods and processes to enhance team effectiveness.
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Present analyses, findings, and recommendations clearly to support business decisions.
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Maintain thorough documentation to ensure analyses can be understood and reproduced.
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Mentor and support the development of junior actuarial professionals.
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Collaborate with cross-functional stakeholders on actuarial, pricing, product, and business initiatives.
Qualifications/Requirements
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Progress toward ACAS designation with continued pursuit of FCAS preferred.
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Minimum of 5 years of actuarial pricing and/or reserving experience within Property and Casualty insurance.
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Proficiency with SQL, R, Python, VBA, or similar data analysis tools.
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Prior experience with rate filings preferred.
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Strong analytical and problem-solving skills.
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Strong written and verbal communication skills.
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Ability to manage complex projects and take ownership from analysis through implementation.
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Ability to work effectively both independently and collaboratively.
Compensation Package
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Salary Range: $110,000 – $175,000 annually, depending on qualifications, experience, geographic location, and other relevant factors.
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Comprehensive medical, dental, vision, disability, and life insurance benefits.
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Paid Time Off (PTO) and paid holidays.
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Paid parental leave.
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Education assistance and professional development opportunities.
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Wellness and employee recognition programs.
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Voluntary insurance and employee discount programs.
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Hybrid work arrangement.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
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