Actuarial Analyst, P&C Pricing

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

📋 Description

• Assist in the creation, testing, upkeep, and documentation of pricing tools utilized for accurate and effective business pricing.

• Help conduct portfolio analyses, which include examining composition, premium, retention, loss, and profitability metrics across various products and business lines.

• Gather performance metrics such as rate and retention; summarize findings and aid in communicating data-driven insights to business partners and management.

• Contribute to the development and maintenance of rating manuals, rate filings, and related actuarial documentation.

• Utilize actuarial tools, data, and modeling software to facilitate pricing, valuation, and risk management analyses.

• Engage in discussions with underwriting and claims teams regarding profitability, business performance, and strategic plans.

• Aid in the formulation of business recommendations and analyses concerning pricing and portfolio strategies.

• Investigate industry trends and evaluate their potential impact on pricing practices and portfolio performance.

• Gain insight into company operations, insurance products, systems, and actuarial methodologies.

• Manage assigned tasks accurately and punctually while exercising sound judgment, attention to detail, and proper documentation.

⛳️ Requirements

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, data science, finance, or a related quantitative discipline.

• A commitment to obtaining the Associate of the Casualty Actuarial Society (ACAS) designation, with preferred progress towards actuarial exams.

• Over 2 years of relevant professional, internship, academic, or analytical experience.

• Excellent analytical, problem-solving, and critical-thinking abilities, with a keen eye for detail.

• Capability to clearly communicate analytical results in both written and verbal forms to both technical and non-technical audiences.

• Skill in organizing and prioritizing multiple tasks, working independently under guidance, and collaborating effectively across teams.

• Proficiency in Microsoft Excel, Word, and PowerPoint.

• Preferred experience or coursework in Property and Casualty insurance, actuarial science, pricing, underwriting, claims, or insurance operations.

• Familiarity with SQL, R, Python, Power BI, or similar analytical and data visualization tools is preferred.

• Understanding of current insurance trends and operations within Property and Casualty insurance is preferred.

• A mindset characterized by intellectual curiosity, creativity, and a focus on continuous improvement.

• Strategic thinking capabilities and the ability to apply both structured and creative approaches to problem-solving.

• Strong interpersonal, organizational, and teamwork skills.

• Adaptability to changing priorities and business needs.

• Professional judgment and the capacity to perform effectively in a fast-paced setting.

🏝️ Benefits

• Health and welfare benefits.

• Assistance with tuition and professional certifications.

• 401k savings plan.

• Optional participation in the Employee Stock Purchase Program.

• Paid time off.

• Paid holidays.

• Child bonding leave.

• Various employee assistance programs.

• Performance-based incentives may be available.