Actuarial Analyst II

It’s a great time to join AAA The Auto Club Group!

Full time

Actuarial Analyst II - The Auto Club Group

Depending on team, assignment develops pricing and/or reserving for current or new property/casualty insurance coverage and products, 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
• Formulate and interpret mathematical rate making and/or reserving models using available tools
• Perform 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
• 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

• Execute the scheduled rate reviews and indications to ensure rates are adequate, not excessive or unfairly discriminatory and internally consistent with experience
• Analyze and prepare competitive product and rate comparison reports
• Analyze competitor's rate structures and coverage
• Develop and prepare competitor rate manual analysis

Actuarial Analyst II will earn a competitive salary of $75k - $90k annually with annual bonus potential based on performance.

• Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:
• 401k Match
• Medical
• Dental
• Vision
• PTO
• Paid Holidays
• Tuition Reimbursement

• Bachelor's degree in Mathematics, Actuarial Science, Statistics or a related field
• Successful completion of two or more actuarial examinations
• Maintain eligibility in the Actuarial Professional Development Program following department guidelines

18 months (1.5 yrs) of experience in an actuarial environment to include:

• Analyzing technical studies and data and drawing sound conclusions
• Calculating premium or reserves for new or existing products
• Performing research and statistical analysis to complete assignments
• PC software applications (e.g. Word, Excel, PowerPoint, etc.)

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

• Prepare presentation of material
• Manage workflow to achieve multiple goals
• Work individually and as part of a team

• Apply actuarial methods and principles to obtain indications, complete projects, analyze results and make recommendations

• Insurance industry terminology and concepts

This is a hybrid work arrangement (time spent in office and remote). Depending on the employee's role and leadership's assessment, some employees will come in to an ACG facility on a weekly basis, a monthly basis, or on an "as needed" basis for key meetings and collaborative activities. Most employees will be required to come into the office, at a minimum, for important departmental meetings or team building events.

Become a part of something bigger.

The Auto Club Group (ACG) provides membership, travel, insurance, and financial service offerings to approximately 14+ million members and customers across 14 states and 2 U.S. territories through AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.

By continuing to invest in more advanced technology, pursuing innovative products, and hiring a highly skilled workforce, AAA continues to build upon its heritage of providing quality service…