Consulting Actuary

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

📋 Description

• Execute pricing studies and recommendations for Property & Casualty, specifically concentrating on Workers’ Compensation lines.

• Utilize actuarial techniques to aid in rate development, trend analysis, loss cost assessments, and portfolio profitability.

• Assist in the creation and submission of rate, rule, and form filings in collaboration with internal compliance and regulatory teams.

• Support clients in addressing state DOI rate-related inquiries.

• Convert intricate actuarial findings into strategic insights and practical recommendations.

• Draft client-ready reports, presentations, and relevant documentation.

• Act as a reliable advisor to clients, engage in meetings, present findings, and support ongoing actuarial and consulting requirements.

• Foster long-term relationships with clients while comprehending their objectives and operational contexts.

• Collaborate with analysts, project managers, and regulatory consultants.

• Provide mentorship and guidance to junior team members as required.

• Stay updated on Workers’ Compensation trends, legislative updates, and actuarial best practices.

• Contribute to internal knowledge sharing and initiatives aimed at process enhancement.

⛳️ Requirements

• 5–7 years of actuarial experience with a focus on Workers’ Compensation.

• Bachelor’s degree in Actuarial Science, Statistics, or a related field.

• Fellowship or ACAS designation preferred; alternatively, credit for specific actuarial exams and requirements, including Exam 1, Exam 2, VEE Accounting and Finance, VEE Economics, Exam 3F, OC1, OC2, MAS-1, MAS-II, Course on Professionalism, Exam 5, and active pursuit of the ACAS designation.

• Experience with insurance data and actuarial data adjustments.

• Proficiency in calculating rate level indications.

• Familiarity with Commercial and Personal Lines of Business.

• Understanding of State Rate & Rule Filing requirements.

• Strong skills in Excel, Access, and SQL.

• Experience in Reinsurance, Predictive Modeling, and Reserving is advantageous.

• Background in other lines of business and knowledge of Large Deductible Pricing methods is desired but not mandatory.

🏝️ Benefits

• Annual bonus opportunity.

• Comprehensive benefits package.

• Opportunities for Learning and Development.

• Team events.

• Flexible work schedule.

• Health, dental, and vision insurance.

• 401(k) retirement plan options.

• Generous and flexible paid time-off (PTO) policy.