Actuarial Analyst - Associate

Independence Pet Group•Standard, IL

50d•Remote

About The Position

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America. We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. Independence American Insurance Company (IAIC), a subsidiary of IPH, has over 50 years of underwriting experience and a history of innovation in the pet insurance industry. IAIC has built a reputation as a trusted and dependable partner. We are a pet-focused underwriter with deep insurance industry experience, offering a product with proven consumer appeal. Independence American Insurance Company (IAIC) is seeking an Actuarial Analyst-Sr. to analyze and evaluates the likelihood of future events to reduce and manage future financial risks.

Requirements

Education: Bachelor’s Degree in Math, Finance, Actuarial Science, Economics, Accounting, Computer Information Systems, other quantitative field, or equivalent work experience (One-year relevant experience is equivalent to one-year college)
Licenses/Certifications: Must have passed Four+ Actuarial Exams
Accountability/Complexity: Work is of limited scope, typically on smaller, less complex projects, task-related activities, or routine assignments
Work is closely supervised and follows specific instructions

Responsibilities

Completes and interprets actuarial analysis, valuations, cost estimates, and modeling using mathematics, statistical programming, and financial theory.
Assists with the completion of rate filing documents for all states.
Researches rate filings, as needed.
Maintains and updates existing models, tools, and other files used for analysis.
May prepare reserving, forecasting, rate filings, pricing analysis, and experience reports for review.
Completes ad hoc reporting, as necessary.
Completes appropriate database work, as necessary.
Performs other duties and responsibilities as assigned

Benefits

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements.
Some offerings are dependent upon the location of where you work and can include the following:
Comprehensive full medical, dental and vision Insurance
Basic Life Insurance at no cost to the employee
Company paid short-term and long-term disability
12 weeks of 100% paid Parental Leave
Health Savings Account (HSA)
Flexible Spending Accounts (FSA)
Retirement savings plan
Personal Paid Time Off
Paid holidays and company-wide Wellness Day off
Paid time off to volunteer at nonprofit organizations
Pet friendly office environment
Commuter Benefits
Group Pet Insurance
On the job training and skills development
Employee Assistance Program (EAP)
IPH welcomes and encourages applications from people with disabilities.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
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