Entry Level Actuarial Associate - HYBRID

DB Insurance Co., Ltd. • Anaheim, CA

3d • $55,000 - $65,000 • Hybrid

About The Position

DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
• Successful completion of one or more Actuarial exams.
• Strong analytical skills with a solid foundation in quantitative methods and data analysis
• Proficiency in Microsoft Excel
• Exceptional attention to detail and commitment to producing accurate and high-quality work
• Excellent communication skills, with the ability to present complex information in an understandable manner
• Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
• Ability to work collaboratively within a team and independently when required

Nice To Haves

• Familiarity in data analysis tools (e.g., SQL, R, Python)

Responsibilities

• Support actuarial and statistical analysis to drive informed decision-making
• Manage and update product and rating sheets using Excel to ensure accuracy and consistency
• Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
• Conduct market and competitor benchmarking to inform strategic initiatives
• Assist in the preparation and submission of filings for rate, rule, and form changes
• Generate and analyze underwriting monitoring data to identify trends and areas for improvement
• Support the creation of Property & Casualty market data reports using SAS
• Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
• Support rate filings and regulatory compliance by preparing documentation and responding to information requests
• Prepare reports and presentations that highlight findings, trends, and actionable insights
• Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis

Benefits

• Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
• Paid time off and sick leave
• 13 annual paid holidays
• 401(k) plan with up to 4% company match
• Flexible Spending Account (FSA) & Dependent Care FSA
• Quarterly Fringe Benefit reimbursements
• Job-related training reimbursement
• Casual dress code

What This Job Offers

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