Actuarial Analyst 2

null, ACSC Management Services Inc • Costa Mesa, CA

6d • $92,600 - $123,600 • Onsite

About The Position

The Actuarial Analyst II will perform statistical analysis of premium, loss and insurance expense experience. Use results of analysis to recommend changes needed to rates and rating plans. Perform analysis of reserve levels and recommend adjustments as needed. The Actuarial Analyst II will perform statistical analysis of premium, loss and insurance expense experience. Use results of analysis to recommend changes needed to rates and rating plans. Perform analysis of reserve levels and recommend adjustments as needed.

Requirements

• Must hold at least a bachelor’s degree in mathematics, statistics, actuarial science or related discipline.
• Minimum 3 years relevant actuarial work experience required
• Have completed a minimum of four actuarial exams and plan to continue to complete examinations required to obtain fellowship in the Casualty Actuarial Society.
• Advanced knowledge of mathematics and statistics.
• Advanced skills using computer applications including Excel, Word, Power Point and Access or SAS required.
• Advanced analytical skills required.

Nice To Haves

• Advanced written and verbal communication skills, along with organizational skills and time management skills preferred.

Responsibilities

• Perform data gathering, calculations and analyses required to support development of rates and rating plans, review reserves, insurance department data calls requesting policy information and other actuarial projects.
• Submit requests to prepare insurance related data files.
• Import data from extracts or the Actuarial Data Warehouse into computer applications to generate reports.
• Analyze data using software applications.
• Review results and make preliminary decisions.
• Present results and recommendations to Actuarial management using rules and within philosophy defined by management.
• Assist in the implementation of rate and rating plan changes, including development of rating tables used by the processing system, test cases, execution of test cases and development of training material.
• Prepare regulatory filings regarding rate and rate plan changes.
• Provide actuarial expertise to other actuarial analysts and technicians.
• Assist other departments by providing information, analyses or reports.
• Continue progress toward professional designation by developing actuarial expertise as evidenced by passing actuarial exams.
• Represent Actuarial business unit at planning meetings as assigned.
• Prepare comparisons of competitors rates and rating plans as directed.
• Research legislation or court decisions which may impact insurance costs.
• Analyze and prepare recommendations to modify rate structures.
• Identify appropriate Actuarial techniques to use in addressing a particular problem, given data problems created by changing company processes or environmental conditions.
• Suggest changes to classification factors and base rates to address loss trends and market conditions.
• Suggest alternative actions to Actuarial management given recent legislation or court decisions.

Benefits

• Health coverage for medical, dental, vision
• 401(K) saving plans with company match AND Pension
• Tuition assistance
• Floating holidays and PTO for community volunteer programs
• Paid parental leave
• Wellness programs
• Employee discounts (membership, insurance, travel, entertainment, services and more!)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level