Actuary

This is a fully remote position, open to applicants in Florida, +9 more states.

📋 Description

• Execute internal loss reserving to monitor and evaluate trends, ensuring financial stability and precise forecasting.

• Conduct thorough pricing analysis utilizing advanced actuarial methodologies.

• Enhance rate-level assessments and rating-variable evaluations.

• Innovate indication methodologies and optimize process automation.

• Assist in developing sophisticated actuarial models through predictive modeling and statistical analysis.

• Aid in decision-making under the guidance of actuarial management and product managers.

• Collaborate with business partners on product decisions and assess their implications.

• Prepare regulatory filings that align with company goals and compliance requirements.

• Offer insights on the annual forecast while communicating emerging trends and potential risks.

• Research and evaluate actuarial issues and trends.

• Provide consultation on advanced mathematics, statistics, and modeling requirements.

• Exhibit behaviors that align with PEMCO policies, values, ethics, and business conduct.

• Support the PEMCO brand and assist in attracting top talent.

• Undertake additional responsibilities as assigned.

⛳️ Requirements

• Must reside and work from one of the following states: WA, OR, ID, OH, IL, TX, MN, NC, SC, or FL.

• A B.A. or B.S. degree or equivalent work experience in Mathematics or a related field is mandatory.

• A minimum of 5 years of experience in property casualty actuarial work, with a focus on rate-making and a comprehensive understanding of personal lines.

• Strong technical skills and experience in programming are essential.

• An Associate of the Casualty Actuarial Society (ACAS) designation is required.

• High attention to detail, accuracy, and thoroughness is necessary.

• Ability to analyze, diagnose, and effectively resolve complex unstructured problems quickly and collaboratively.

• Proficient in MS Office; expertise in Excel is required.

• Knowledge of Mathematics, Statistics, and Modeling is expected.

• Strong skills in software applications and predictive modeling.

• Proficient in Python, R, SAS, and/or SQL.

• Experience with Radar, Emblem, or ResQ is a plus.

• Capability to work with diverse datasets, integrate external vendor data, and develop efficient, scalable infrastructure and data models.

• Comprehensive understanding of the insurance industry, business landscape, growth trends, and insurance environments.

• Willingness to travel occasionally to the headquarters in Seattle, WA.

🏝️ Benefits

• Medical, dental, and vision plans for employees and eligible family members with employer premium contributions.

• Employer-paid basic life and accidental death & dismemberment insurance.

• Coverage for long- and short-term disability.

• 401(k) plan with a 2-for-1 employer match on the first 6% of employee pre-tax and/or Roth deferral.

• Vacation and eight paid holidays.

• Four floating holidays.

• Up to ten days of sick leave immediately upon hire, prorated by hire date and employment status.

• Paid bereavement leave.

• Paid jury duty leave.

• Paid volunteering time in the community.

• Education Assistance Program available after one year of service.

• Scholarship program for children of PEMCO employees after one year of service.

• Children’s birthday gift program.

• Flexible Spending Accounts.

• Employee Assistance Program.

• Charitable gift matching.

• Discretionary bonuses.

• Tiered sales commissions and/or incentives.