Top 5 Actuarial analyst Jobs in Crystal Lake, Il

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- Mid-level
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- SQL
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Walgreens —Deerfield, IL
- $63,100 - $101,200 a year
- Microsoft Word
- Computer science
- Computer Science

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Actuarial Analyst

Captive Resources -
Itasca, IL

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Job Details

Qualifications

Spreadsheets
R
SQL
Bachelor's degree
Risk management
Financial data analysis tools
Python
Data analysis software
Database software proficiency

Full Job Description

The Actuarial Analyst will assist in setting rates for various insurance products. This may include extracting and analyzing premium and loss data, using applications and statistical programs, evaluating results for reasonability, and communicating observations to help achieve goals. Assist in developing and enhancing products, designing reports to improve decision-making, forecasting and assessing industry trends and presenting findings and recommendations to senior management.

EDUCATION AND EXPERIENCE: Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or business-related discipline

SKILLS/COMPETENCIES REQUIREMENTS:

Works well independently and in a team environment
Detail oriented and high level of accuracy
Strong interpersonal and communication skills
Advanced skills in Microsoft Excel
Organization, planning and prioritization skills
Strong analytical, problem solving and judgment skills
Effective time management skills, including the capability to balance multiple projects with competing deadlines
Takes initiative on projects and assignments
Strong mathematical skills, and a deep understanding of risk management
Ability to translate actuarial research into written recommendations
Intermediate programming skills (SQL, Python, R)

ESSENTIAL DUTIES AND REPONSIBILITIES:

Support the rate review process by preparing rate indications, analyzing specific components of rating, developing pricing proposals and calculating impacts
Provide data to support underwriting decision-making
Assist with analysis on project initiatives
Evaluate success and drive continuous improvement in product enhancements
Solve complex business problems by leveraging the analytical and actuarial techniques
Provide support in the preparation and presentation of materials for clients
Perform statistical data analysis in support of new product development
Analyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customers
Gather and compile statistical data via Excel, Access, or data management programs, to develop reports facilitating and supporting pricing, reinsurance reporting, and valuation function

Education

Required

Bachelors or better

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

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