Actuarial Analyst

AUTOMOBILE PROTECTION CORPORATION • Nocatee, FL

17h

About The Position

Provide support for various actuarial functions, including pricing, liability estimates, and the creation of financial projections.

Requirements

• Bachelors of Science degree in Actuarial Science, Mathematics, Statistics, or related field
• 2 or more years prior work experience in actuarial, risk management, or similar function
• Advanced Excel knowledge
• Proficient with MS Office suite
• Intermediate/Advanced Excel
• Proficient with MS Office programs
• Proficient with database queries
• Advanced analytical skills
• Attention to detail and accuracy

Nice To Haves

• Prior work experience with vehicle service contracts preferred
• Knowledge of SQL, PowerBI, or other data analysis tools preferred

Responsibilities

• Provide support for pricing projects
• Compile data to be used in analysis
• Analyze production and loss experience by agent, dealer, plans, classes, terms, and other rating variables to determine key drivers for product performance
• Use actuarial methods to determine proper rate levels by product
• Identify high loss dealers and develop high risk rates for them
• Create write-up of pricing recommendations for leadership review
• Provide support for implementation of new rates
• Prepare underwriting request with supporting documents for carrier review
• Provide rates to Operations for implementation
• Create or update rate cards used by Sales
• Provide loss experience requested by Sales
• Review exception requests from Sales and recommend responses
• Provide support for financial projections and liability estimates including
• Profit share forecasts
• Calculating buyout offers for agreements with contingent liabilities
• No Charge-Back reserves
• Roadside reserves
• Assist in other tasks as needed
• Setup earnings for new programs
• Review application of earnings curves
• Serve as testing lead for department

What This Job Offers

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