Actuarial Analyst

Actuarial Analyst – The Auto Club Group

Job Type: Full time

Exempt/Non Exempt:
Salary

Applicants must be eligible to work in the U.S. immediately and no U.S. work authorization sponsorship is offered.

• Analyze data, develop material, and prepare appropriate communications
• Compile and organize data for actuarial review
• Prepare reports, proposals, system documents, filing support and documentation files
• Provide support to projects as required
• Develop pricing and/or reserving for current and/or new property/casualty insurance coverage and products
• Formulate and interpret mathematical rate making and/or reserving models using available tools
• Assist with or handle ad hoc analyses, including classification, inflation, and tail factor analyses, for current and future products
• Support state and regulatory filings and respond to inquiries from auditors/DOIs
• Work with IT and business technical support in gathering and verifying data for rate indications, rate revisions, reserve indications, and special projects
• Begin to apply actuarial methods and principles to obtain indications, complete projects, analyze results, and make recommendations
• Research suitable trend indications for analysis
• Communicate effectively with others in a work environment and make oral presentations to business units
• Represent the department on inter-department teams
• Prepare narratives explaining the results of quarterly reserve analyses
• Prepare reports for reserve comparisons with independent third parties

None

Salary range: $65,000 – $80,000 annually with annual bonus potential based on performance.

• 401(k) match
• Medical
• Dental
• Vision
• PTO
• Paid holidays
• Tuition reimbursement

• Education:
  
  Bachelor’s degree in Mathematics, Actuarial Science, Statistics, or a related field
• Successful completion of one or more actuarial examinations either prior to or within 18 months of hire date
• Maintain eligibility in the Actuarial Professional Development Program following department guidelines
• Experience performing research and statistical analysis to complete assignments
• Proficiency with PC software applications (e.g., Word, Excel, PowerPoint)
• Knowledge of statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusions
• Preparation and presentation of material
• Managing workflow to achieve multiple goals
• Working individually and as part of a team

• Knowledge of insurance industry terminology and concepts
• Experience using R, Python, or SQL

This is a hybrid work arrangement with time in office and remote. Employees may be required to come into an ACG facility on a weekly, monthly, or as needed basis for key meetings and team-building events. Most employees will need to attend important departmental meetings or team building at least occasionally.

The Auto Club Group, and all its affiliated companies, is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.

Regular and reliable attendance is essential for the function of this job.

All applicants offered employment will be required to consent to a background and drug screen based on the requirements of the position.