Actuarial Analyst

Job Type:Full time Exempt/Non Exempt:

Salary

Job Description:

Location Details:

Hybrid Position Schedule /

Shift: Monday – Friday, 8am – 5pm

Position Summary:

Applicants for this position are required to be eligible to lawfully work in the U.S. immediately. Employer will not sponsor applicants for U.S. work authorization (example: H-1B visa) for this role.

Depending on team assignment, responsible for learning and utilizing various actuarial techniques and procedures, to include but not limited to:

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 as needed 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/DOIsWork 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

Qualifications:

Required

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 date of hire Maintain eligibility in the Actuarial Professional Development Program following department guidelines

Experience in:

Performing research and statistical analysis to complete assignments PC software applications (e.g. Word, Excel, PowerPoint, etc.)Knowledge of:

Statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusion

Skills and Ability to:

Preparation/presentation of material

Managing workflow to achieve multiple goals

Working individually and as part of a team

Preferred

Knowledge of:

Insurance industry terminology and concepts.

Experience using R, Python or SQLWork Environment:

This position works from a home office location. Depending on the role, some employees may be required to come into the office, at a minimum, for important departmental meetings or team building events.

Compensation & Benefits Overview:

ACG complies with all applicable state and local laws regarding required benefits (including PTO, paid sick leave, etc.).Compensation Actuarial Analyst will earn a competitive salary of $65,000 - $80,000 annually with annual bonus potential based on performance.

Benefits At ACG, we offer a comprehensive and flexible benefits package designed to support your health, financial well-being, and professional growth.

Health & Wellness Medical plans with multiple coverage options, including HSA eligibility

Prescription drug coverage

Dental and vision benefits

Employee Assistance Program (confidential support services)
Financial Protection & Insurance Company-paid basic life insurance

Optional supplemental life insurance and dependent coverage

Short-term and long-term disability coverage

Critical illness, accident, and pet insurance options

Retirement & Savings
401(k) plan to support long-term financial goals. 3% automatic deferral upon eligibility; may contribute 1% to 50% of eligible earnings, either pre or post tax. Company match of 50% paid on employee contributions up to 6% of pay, payable to employees following the end of the year; immediate vesting. Additional company contribution of 4% of pay each pay day into your account;

100% vested after three (3) years of service

Health Savings…