Actuarial Analyst (Remote)

MEM•St. Louis, MO

1d•$66,400 - $99,600•Remote

About The Position

MEM Insurance is seeking an Actuarial Analyst to join their growing Finance team. This role will support pricing, reserving, and analytical initiatives that directly influence business decisions. The analyst will work closely with the Actuarial Director and cross-functional partners to contribute to impactful analyses, develop technical expertise, and build a strong foundation in workers’ compensation and property-casualty insurance. This is an opportunity to grow an actuarial career in a collaborative, supportive environment where learning and curiosity are encouraged.

Requirements

Bachelor’s degree in Business Administration, Mathematics, Statistics, Insurance, Finance, Economics, or a related field required.
Progress toward actuarial credentials (minimum of 2 actuarial exams completed).
No licenses required.

Nice To Haves

Workers’ compensation experience preferred.

Responsibilities

Support quarterly reserve analyses, including preparing and validating data and analyzing claims trends such as frequency, severity, and loss development.
Assist with pricing activities, including data preparation for rate indications and class ratemaking.
Support rate implementation, testing, and rate filings, including analysis of NCCI loss cost filings.
Partner with Claims, Underwriting, and Compliance teams to gather inputs and support actuarial deliverables.
Extract, clean, and validate data from multiple sources to support actuarial analysis.
Perform foundational statistical analyses and summarize results for actuarial review.
Maintain and update actuarial tools, models, and recurring reports.
Identify data inconsistencies or unusual trends and escalate appropriately.
Respond to internal requests for data and analysis from cross-functional partners.
Assist in developing reports, dashboards, and tools that support underwriting and operational decisions.
Identify emerging patterns and trends in data and contribute to insight development.
Build foundational knowledge of insurance products, risk drivers, and business operations.
Prepare clear summaries, reports, and basic visualizations of analytical results.
Communicate findings in a structured and easy-to-understand way.
Collaborate with team members and stakeholders to support deliverables and timelines.
Incorporate feedback to continuously improve work quality and effectiveness.
Ensure work is accurate, well-documented, and aligned with actuarial and regulatory standards.
Progress toward actuarial credentials through exam completion.
Develop technical knowledge in actuarial methods, data analysis, and modeling.
Participate in training and development opportunities to build capability.