Actuarial Analyst

Paragon Insurance Holdings • Avon, CT

1d • Hybrid

About The Position

The Actuarial Analyst will work a hybrid schedule from our Avon CT office. We are looking for an entry level Actuarial Analyst with exposure to actuarial knowledge/CAS Exams/college coursework/prior related internship to join our team. This role relies heavily on analytical skills, actuarial methods/techniques, and an understanding of commercial insurance to analyze data, reconcile data, and turn data into useful reports/dashboards to aid program managers and underwriters in decision making. Other responsibilities include monthly/quarterly reporting, providing ad-hoc support, and verifying the validity of data sources. Successful candidates will be those who demonstrate exceptional critical thinking, possess an ability to work effectively with those from other disciplines, and can communicate complex findings effectively.

Requirements

• 1 to 3 years of relevant actuarial exposure/knowledge (including internships, college course work)
• BS/BA degree preferred
• 1 to 3 exams from CAS/SOA
• Strong communications skills with ability to influence decision making and actions as needed
• Strong Microsoft Excel skills required
• Microsoft SQL skills preferred
• VBA knowledge a plus
• Knowledge of various reinsurance arrangements a plus
• Successful with time management and the ability to multitask as well as work independently

Responsibilities

• Knowledgeable in actuarial fundamentals, principles and practices including, but not limited to Various loss development techniques, on-leveling, trend, excess factors, etc.
• Perform program profitability analyses on a quarterly / bi-annual basis
• Maintain monthly rate/retention reporting and quarterly Actual versus Expected report
• Maintain/enhance various rating templates in Microsoft Excel
• Produce quarterly renewal rate change targets for various programs
• Initiate and/or participate in process improvements to streamline existing tasks or improve the actuarial product.
• Assist in gathering market intel via SERFF public access
• Partner with data operations team in building/improving various dashboards
• Perform ad-hoc analyses based on program manager requests
• Other duties as assigned

Benefits

• comprehensive health care coverage
• a 401k plan
• tuition reimbursement

What This Job Offers

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