Actuarial Analyst II

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead the expansion into new states by contributing to the development of rating models, creating additional customer-focused models, and addressing DOI inquiries.

• Enhance and broaden product analytics capabilities to deepen the understanding of Product Profitability and operationalize insights.

• Aid in generating formal actuarial deliverables as required, including rate indications, updates to the rating plan, reinsurance assessments, and loss modeling.

• Create and improve analytical frameworks and capabilities in collaboration with our Senior Research Actuary.

• Build efficient processes that facilitate the integration of our analytical frameworks and capabilities into daily operations, producing outputs like descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring.

• Regularly test and incorporate newly available tools and capabilities to enhance the scale and rigor of our actuarial functions.

⛳️ Requirements

• 2-4 years of experience in insurance pricing, ideally with a focus on personal lines insurance pricing.

• Progress towards ACAS/FCAS designations, preferably having completed 3 or more exams.

• Strong technical skills in SQL and analytical abilities to conduct quantitative analyses through data manipulation, often working in ambiguous situations and utilizing creativity.

• Familiarity with Python.

• Excellent communication abilities.

• Experience with Homeowners and/or Auto insurance is advantageous.

🏝️ Benefits

• Remote-First Culture - We embraced #remotelife long before it became standard, and we will continue to promote it.

• Competitive Salary & Equity.

• Comprehensive Medical, Dental, and Vision Plan Offerings.

• Life and disability coverage, including voluntary options.

• Parental Leave - up to 8 weeks (320 hours) of paid parental leave available for eligible employees (Birthing parents may qualify for additional leave through STD).

• 401K Company Contribution - We contribute 3% of the employee's gross income, regardless of employee contributions.

• Work-from-home stipend - We offer a $1,500 allowance for setting up your home office.

• Annual Professional Development Fund: Each employee receives $2,000 in professional development (PD) funds annually for activities or resources. We aim for every Openly employee to achieve personal and professional success while feeling supported, confident, and informed about enhancing their efficiency and productivity.

• Be Well Program - Employees are provided $50 per month to support their overall well-being.

• Paid Volunteer Service Hours.

• Referral Program and Reward.