Job Title
-
Entry Level Actuarial Associate
Location:
-
222 S Harbor Blvd, #720, Anaheim, CA 92805
Salary:
Position Type:
-
Full-time
-
Non-exempt (Hourly)
-
Monday – Friday
-
8:30 am – 5:30 pm
-
Hybrid after 1 year – 3 days in office/2 days remote
Reports to:
Position Overview
DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.
Key Responsibilities
-
Support actuarial and statistical analysis to drive informed decision-making
-
Manage and update product and rating sheets using Excel to ensure accuracy and consistency
-
Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
-
Conduct market and competitor benchmarking to inform strategic initiatives
-
Assist in the preparation and submission of filings for rate, rule, and form changes
-
Generate and analyze underwriting monitoring data to identify trends and areas for improvement
-
Support the creation of Property & Casualty market data reports using SAS
-
Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
-
Support rate filings and regulatory compliance by preparing documentation and responding to information requests
-
Prepare reports and presentations that highlight findings, trends, and actionable insights
-
Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis
Qualifications
-
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
-
Successful completion of one or more Actuarial exams.
-
Strong analytical skills with a solid foundation in quantitative methods and data analysis
-
Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
-
Exceptional attention to detail and commitment to producing accurate and high-quality work
-
Excellent communication skills, with the ability to present complex information in an understandable manner
-
Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
-
Ability to work collaboratively within a team and independently when required
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
-
Job-related training reimbursement
-
Casual dress code
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.
8ho2dlMqb8
