Senior Actuarial Analyst

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

📋 Description

• Collaborate with cross-functional teams to generate filing materials for Nearmap attributes and scores utilized in rating.

• Develop model memos, validation and accuracy metrics, as well as actuarial exhibits for submissions.

• Document and uphold state-specific model validation requirements, confidentiality, and trade secret protocols.

• Generate model validation metrics, coverage rates, distributional analysis, bias and fairness assessments, along with state-by-state breakdowns.

• Lead analytical responses to regulator objections and engage in discussions with departments of insurance.

• Oversee Nearmap filings, including SERFF accounts and filing records management.

• Guide customers and GTM teams on filing preparedness and approval risks.

• Collaborate with carrier actuarial and pricing teams to implement Nearmap data into rating plans.

• Assist in pre-sales data tests and lift analyses that illustrate predictive value.

• Create reusable validation templates and exhibits.

• Define product requirements to ensure new products and scores are ready for filing upon release.

⛳️ Requirements

• Over 5 years of property and casualty actuarial experience, with significant involvement in pricing, ratemaking, or rate filings.

• ACAS or FCAS credentialing is highly preferred.

• Considerable experience in ratemaking and filing is essential.

• Proven track record in preparing actuarial exhibits for rate filings and addressing regulator objections.

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

• Ability to articulate carrier-led rate filing processes to non-actuaries.

• Proficiency with predictive model outputs, including GLMs, gradient boosting, and validation statistics.

• Experience handling large claims and exposure data utilizing SQL, R, or Python.

• Capability to produce technical documentation suitable for regulatory review.

• Client-facing experience and aptitude for collaborating with carrier actuarial leadership.

• Experience in an actuarial consultancy or directly with a carrier supporting rate filings across various states and carriers is preferred.

• Familiarity with catastrophe or property peril models, as well as imagery-derived and AI-derived rating variables is advantageous.

• Previous experience with regulator-side ratemaking reviews is preferred.

• Knowledge of SERFF and filing processes is preferred.

🏝️ Benefits

• Four additional "YOU" days off each year.

• Company-sponsored volunteering opportunities.

• Generous parental leave policies.

• Work from Overseas Policy with an approved list of cities.

• Discounted Private Health Insurance plans.

• Monthly wellbeing and technology allowance.

• Nearmap subscription.

• Annual leave.

• Remote working options.