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Senior Actuary

Job in Mt Vernon, Mount Vernon, Skagit County, Washington, 98273, USA
Listing for: PEMCO
Full Time position
Listed on 2026-02-12
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 150000 - 200000 USD Yearly USD 150000.00 200000.00 YEAR
Job Description & How to Apply Below
Location: Mt Vernon

Join to apply for the Senior Actuary role at PEMCO

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Who We Are

At PEMCO, we’re all about people – our customers, our employees, and the community. We’re a mutual insurance company owned by our Northwest policyholders. We provide auto, home, renters, and boat coverage.

Job Description

Why We Need You

Join our dynamic Product Development team as a Senior Actuary, where you will play a key role in driving profitability assessments, process improvements, and strategic decision-making. You will shape financial strategies and optimize insurance products to meet market demands. Your analytical expertise will be vital in leveraging data-driven insights to enhance decision-making and growth. This role is ideal for experienced actuaries skilled in pricing, reserving, and modeling, who also enjoy mentoring and contributing to impactful projects.

Responsibilities
  • Lead loss reserving to analyze trends and ensure financial stability.
  • Use advanced actuarial techniques for pricing analysis and drive process automation.
  • Develop sophisticated actuarial models with predictive techniques and statistical analysis.
  • Collaborate on product decisions, analyzing impacts with actuarial insights.
  • Oversee regulatory filings, ensuring compliance.
  • Contribute to the company’s forecast and identify emerging risks.
  • Mentor junior team members and support high-impact initiatives.
  • Act as a consultant for complex mathematical, statistical, and modeling issues.
  • Uphold PEMCO’s policies, values, and ethical standards.
  • Support PEMCO’s brand and mission to Worry Less and Live More.
  • Perform other duties as assigned.
  • Qualifications
    • B.A. or B.S. in Mathematics or related field or equivalent experience.
    • 8+ years in property casualty actuarial work, with broad experience in rate-making.
    • Strong technical skills and programming experience.
    • Fellow of the Casualty Actuarial Society (FCAS).
    • Detail-oriented with a desire for accuracy.
    • Proficient in MS Office, especially Excel.
    • Knowledge of Mathematics, Statistics, and Modeling; skilled in Python, R, SAS, SQL.
    • Ability to analyze large datasets and derive insights.
    • Understanding of industry trends and the ability to adapt strategies.
    Additional Information

    We value traits like agility, trustworthiness, accountability, initiative, and empathy, which foster our inclusive culture.

    Compensation varies by location, with specific pay ranges provided for the Seattle area and outside it. Benefits include health plans, 401(k), paid leave, and various employee perks.

    Equal Opportunity

    PEMCO celebrates diversity and is committed to equal employment opportunity for all applicants regardless of race, color, religion, sex, national origin, age, disability, or veteran status.

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    Position Requirements
    10+ Years work experience
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