Insurance Actuarial Specialist

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

📋 Description

• Develop realistic scenarios for pricing, reserving, and risk modeling.

• Generate scenarios that include ratemaking, loss reserving, valuation, experience studies, assumption-setting, and profitability analysis.

• Create pricing models, conduct reserve reviews, draft actuarial memoranda, establish technical assumptions, and summarize results.

• Write exemplary reference responses that meet the quality standards of experienced actuarial professionals.

• Evaluate AI-generated responses using rubrics that assess methodological validity, calculation precision, assumption justification, and clarity of communication.

• Detect flawed methodologies, calculation inaccuracies, unsupported assumptions, and gaps in documented reasoning.

• Offer written insights to enhance model performance.

• Engage in onboarding sessions and calibration meetings.

• Contribute to projects aimed at training and improving AI systems.

⛳️ Requirements

• A minimum of 2 years of professional actuarial experience in any practice area.

• A solid understanding of how methods, assumptions, and data influence pricing, reserves, and valuations.

• Capability to choose suitable methods, perform analyses, and present defensible conclusions with documented rationale.

• Strong quantitative analysis skills, sound judgment, and meticulous attention to detail.

• Ability to differentiate actuarial analysis from underwriting decisions and formal financial or legal advice.

• Bonus: ASA, FSA, ACAS, FCAS, CERA, MAAA, or equivalent credential, or actively pursuing exams.

• Bonus: Experience across various practice areas or specialty lines.

• Bonus: Background in reinsurance, capital modeling, or enterprise risk.

• Bonus: Proficiency in R, Python, SAS, SQL, or actuarial software (e.g., Prophet, Emblem, Radar, ResQ).

• Bonus: Familiarity with regulatory filings, rate submissions, or actuarial opinion statements.

• Minimum availability of 20 hours per week, ideally 40+ hours.

• Must be eligible to work as an independent contractor.

• Mercor cannot sponsor H1-B or STEM OPT candidates.

🏝️ Benefits

• Fully remote position.

• Flexible scheduling.

• Weekly payments via Stripe or Wise based on services provided.

• Project timelines may vary based on needs and performance.

• Collaborate with top researchers in the field.

• Competitive salary.

• Reasonable accommodations available upon request.

• Referral bonuses of up to $320 for each successful referral, subject to limitations.