The Actuarial Analyst supports the actuarial team by providing data analysis, reporting, and modeling to assist with pricing, reserving, forecasting, and risk management activities. This role works closely with underwriting, claims, finance, and other business units to deliver insights that support profitable growth and sound business decisions. Experience with Workers’ Compensation is preferred.
Key ResponsibilitiesPricing and Product Support
- Assist in developing and maintaining pricing models for commercial casualty products, including Workers’ Compensation, General Liability, Auto Liability, and Umbrella coverage.
- Analyze loss trends, rate adequacy, and underwriting performance.
- Support rate reviews and pricing studies by gathering and validating data.
- Prepare reports and recommendations to support underwriting and product management decisions.
Reserving and Loss Analytics
- Assist with quarterly and annual reserve analyses.
- Monitor claim frequency, severity, and loss development trends.
- Support actuarial studies related to reserve adequacy and loss projections.
- Prepare reserve reports and documentation for management review.
Financial Forecasting and Reporting
- Support premium, loss, and profitability forecasting activities.
- Assist with budget planning and financial projections.
- Prepare analyses of business performance by product, region, or distribution channel.
- Contribute to financial reporting and regulatory support activities.
Risk Management and Reinsurance Support
- Assist with reinsurance data analysis and exposure reporting.
- Support catastrophe, stress-testing, and risk modeling exercises.
- Help identify emerging trends and risks impacting portfolio performance.
Data Analytics and Reporting
- Collect, validate, and analyze large datasets from multiple sources.
- Develop and maintain recurring actuarial reports and dashboards.
- Utilize actuarial and business intelligence tools to support decision-making.
- Participate in data quality improvement initiatives.
Collaboration and Communication
- Work closely with underwriting, claims, finance, and compliance teams to support business objectives.
- Present analytical findings and recommendations to actuarial leadership.
- Document methodologies, assumptions, and analysis results.
- Support special projects and strategic initiatives as assigned.
Qualifications Education
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field required.
- Fellow or Associate FSA /ASA - Preferred
- CPCU Certification - Preferred or willing to obtain
Experience
- 1–3 years of actuarial, insurance, analytics, or related experience preferred.
- Workers’ Compensation experience preferred.
- Experience in Property & Casualty insurance is a plus.
- Progress toward actuarial exams (CAS) preferred.
Knowledge, Skills, and Competencies
- Strong analytical and problem-solving skills.
- Knowledge of basic actuarial concepts, statistics, and insurance principles.
- Ability to interpret data and identify trends.
- Proficiency in Microsoft Excel; experience with SQL, Python, R, Power BI, or Tableau is preferred.
- Strong attention to detail and organizational skills.
- Effective written and verbal communication skills.
- Ability to manage multiple projects and meet deadlines.
- Team-oriented mindset with a willingness to learn and develop technical expertise.
Success Measures
- Accuracy and quality of actuarial analyses and reporting.
- Timely completion of assigned projects and studies.
- Reliability of data and forecasting support.
- Effective collaboration with business partners.
- Progression in actuarial knowledge and professional development.
Pay: $80,000.00 - $150,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Application Question(s):
- Do you currently hold the CPCU (Chartered Property Casualty Underwriter) designation
- If you not have CPCU, would you be willing to obtain?
- Do you have an FSA (Fellow of the Society of Actuaries) or an ASA (Associate of the Society of Actuaries)?
Experience:
- actuarial : 2 years (Required)
Work Location: Remote
