Actuarial Analyst (Hybrid)
About The Position
This is an entry-level actuarial position that assists actuaries in analyzing product performance while developing knowledge of basic actuarial analysis techniques and logic. The role uses analytical and problem-solving skills, including mathematical analysis and modeling, and works closely with other actuaries. It provides training in the Actuarial function and serves as an entry point to the Actuarial program. The analyst supports actuarial functions by collecting, summarizing, and initially analyzing data and its impact on company financials. The position also involves quantitative actuarial work and compiling, categorizing, documenting, and verifying data and factors used in evaluating loss and expense reserves, preparing rate filings and financial materials, and establishing rating and pricing levels. The employee develops familiarity with product lines, company operations, systems, and actuarial methodology through actuarial exams, and is expected to pursue and maintain actuarial accreditation and good standing in the actuarial student program. The position is described as hybrid. The listed base salary range is $61,104 to $106,931. Eligible employees may have access to an annual incentive plan and benefits including medical, dental, vision, employee assistance, life insurance, disability plans, parental leave, paid time off, a 401(k), and tuition reimbursement.
Requirements
- Bachelor’s degree in actuarial science, mathematics, or statistics.
- Successful completion of two actuarial exams.
- Completion of one internship prior to graduation.
- Commitment and capability to pass one additional actuarial exam every 6–18 months.
- Knowledge of Microsoft Office Suite and exposure to database tools and programming languages such as C++ or Visual Basic.
- Effective listening skills.
- Ability to document own work.
- Ability to work accurately and pay attention to detail.
- Demonstrated ability to master actuarial course material.
- Basic organization and time-management skills.
- Ability to meet deadlines.
- Ability to work independently or as part of a team.
- Ability to develop insights into how projects work and the significance of tasks performed.
- Ability and commitment to remain compliant with the Actuarial Study Program.
Responsibilities
- Program and run computer jobs to collect and summarize data for actuarial functions, provide initial analysis of the data, and assess its impact on company financials.
- Perform mathematical and quantitative actuarial tasks.
- Compile and categorize data, and document and verify factors used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, financial statements, premiums and benefits, and establishing rating and pricing levels.
- Develop familiarity with product lines, company operations, systems, and actuarial methodology through completion of actuarial exams.
- Actively pursue actuarial accreditation and maintain good standing in the Actuarial Study Program.
- Perform other duties as assigned.
Benefits
- Annual incentive (bonus) plan may be available, subject to eligibility.
- Medical insurance.
- Dental insurance.
- Vision insurance.
- Employee assistance program.
- Life insurance.
- Disability plans.
- Parental leave.
- Paid time off.
- 401(k).
- Tuition reimbursement.
- Flexible workplace intended to support work-life balance, career growth, and retirement assistance.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
