Actuarial Analyst II (Remote, US)

Openly

1d•Remote

About The Position

We are seeking an Actuarial Analyst to assist in both new product development and profitability review of current product offerings. The role is designed to leverage the latest technologies to help automate and expand our profitability and pricing management function. This role requires a self-motivated, high-energy individual who can efficiently function in a fast-paced, performance-driven environment.

Requirements

2-4 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing
Progress made towards ACAS/FCAS designations (preferably 3+ exams)
Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity
Python familiarity
Strong communication skills

Nice To Haves

Homeowners and/or Auto insurance experience is a plus.

Responsibilities

Drive state expansion by assisting in developing rating models, developing other customer-facing models, and supporting DOI inquiries
Develop and expand product analytics capabilities to enrich understanding of Product Profitability. Operationalize insights.
Assist in producing formal actuarial deliverables as needed (rate indications, amendments to rating plan, reinsurance analysis, loss modeling, etc.)
Design and enhance analytical frameworks and capabilities, in partnership with our Senior Research Actuary
Develop efficient processes that support the integration of our analytical frameworks/capabilities into our day-to-day operations. Outputs include descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring.
Continuously test and adopt newly available tools/capabilities to improve the scale and rigor of our actuarial capabilities

Benefits

Remote-First Culture
Competitive Salary & Equity
Comprehensive Medical, Dental, and Vision Plan Offerings
Life and disability coverage including voluntary options
Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
Monthly internet stipend — We provide a $75 monthly stipend each month
Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually.
Be Well Program - Employees receive $50 per month to use towards your overall well-being
Paid Volunteer Service Hours
Referral Program and Reward