Actuarial Analyst
About The Position
Delos is seeking an Actuarial Analyst to support pricing and portfolio management for property insurance in climate-impacted markets. Reporting to the Lead Actuary, the analyst will analyze insurance data, maintain and improve pricing tools, monitor portfolio performance, and help launch products in new states. The role suits a candidate with personal lines insurance experience, strong analytical and communication skills, and the ability to work in a fast-paced, technology-driven environment. The position involves analyzing and validating insurance data; supporting pricing analyses and rating validation; developing Excel tools and analytical models; working with climate and catastrophe risk-model outputs; researching markets for product and state expansion; monitoring portfolio performance; preparing reports; maintaining documentation; supporting regulatory work; and collaborating across business functions.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative field, or equivalent relevant analytical experience.
- Zero to two years of relevant experience; recent graduates and candidates with internship experience are encouraged to apply.
- Strong analytical skills and a foundation in statistics, probability, mathematics, and financial concepts.
- Proficiency in Microsoft Excel, including PivotTables, lookup functions, conditional formulas, SUMIFS/VLOOKUP, charts, and formula auditing.
- Ability to work with large datasets, identify inconsistencies, evaluate the reasonableness of results, and produce clear, reproducible analyses.
- Effective written and verbal communication, including the ability to explain technical findings to non-technical stakeholders.
- Attention to detail, strong organizational skills, and the ability to manage multiple priorities.
- Ability to collaborate in a fast-paced environment and adapt to evolving business needs.
Nice To Haves
- Pre-ACAS candidate actively pursuing the Casualty Actuarial Society credential, with one or more actuarial exams passed and demonstrated exam progress.
- P&C insurance experience or an internship, particularly in property pricing, underwriting analytics, or catastrophe-related work.
- Familiarity with SQL, Python, or R.
- Experience with Excel Power Query, reporting automation, Tableau, Power BI, or similar analytical tools.
- Experience working with, or interest in, climate, catastrophe, wildfire, or geospatial risk modeling.
- Familiarity with insurance rating plans, surplus lines insurance, product development, or new-state launches.
Responsibilities
- Collect, clean, validate, and reconcile quote, policy, premium, exposure, and available claims data; investigate discrepancies and document data definitions and analytical methods.
- Assist with rate analyses, rating-factor evaluations, loss-cost assumptions, competitive benchmarking, and sensitivity testing, including assessing changes to coverage, deductibles, limits, and minimum premiums.
- Build, maintain, and improve pricing workbooks, analytical models, and reporting templates with documented assumptions, clear formulas, and quality checks.
- Work with data science colleagues to understand proprietary wildfire and other risk-model outputs and support their use in pricing, risk segmentation, and exposure monitoring.
- Support development and launch of property products in new states by researching market conditions, state-specific hazards, competitor pricing, coverage differences, and available loss-cost information.
- Calculate expected premiums independently, compare results with the quoting system, and help test rating changes before and after implementation.
- Analyze production, conversion, retention, cancellations, premium changes, business mix, and geographic and catastrophe exposure concentrations; support loss-experience and profitability analyses as reliable data becomes available.
- Prepare reports, exhibits, and presentations for leadership and carrier partners; explain findings clearly and identify issues or opportunities for further review.
- Help maintain pricing specifications, assumption logs, version records, approval exhibits, and launch checklists; assist with rate filings and regulatory responses where applicable.
- Partner with underwriting, finance, product, technology, and distribution teams to answer business questions, improve workflows, and support new program development.
Benefits
- Competitive salary plus equity stock options
- Unlimited PTO, including sick leave and company holidays
- Comprehensive medical, dental, vision, and life insurance (25% paid by employee, 75% covered by Delos including dependents)
- 401(k) retirement savings plan
- Professional development opportunities and tuition assistance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
