Actuary I

Csa Travel Protection • San Diego, CA

384d • $95,000 - $110,000 • Remote

About The Position

The Actuary I position at Generali Global Assistance is responsible for gathering and analyzing statistical data to support the company's sales and financial decisions. This role plays a crucial part in managing risk, determining cost structures, and enhancing profitability. The actuary will collaborate with various management levels and report directly to the Manager of Actuarial.

Requirements

• High School Diploma or Equivalent (GED) required.
• Bachelor's degree in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required.
• Minimum intermediate level experience using Microsoft Office Suite with an Excel emphasis.

Nice To Haves

• Minimum of one year work experience in a corporate environment preferred.
• Experience in the insurance and actuarial fields preferred.

Responsibilities

• Analyze and quantify rating parameters and pricing products, providing recommendations for deviations from standard assumptions.
• Research, compile, and analyze historical actuarial data.
• Perform competitive analysis and assessment.
• Conduct due diligence, market analysis, statistical studies, production, and cost forecasts.
• Support corporate financial planning by analyzing loss reserves and performing catastrophe/exposure studies.
• Identify and propose actions to improve profitability of products and accounts.
• Prepare rate filings/exhibits and assist in developing pricing and underwriting strategies.
• Utilize actuarial tools and develop ad hoc tools to quantify risks.
• Build and improve actuarial files, models, and algorithms.
• Conduct periodic audits of underwriting files to ensure pricing models are appropriately employed.
• Assist in evaluating reinsurance terms.
• Assist with the development of new insurance products and advise underwriters on profitable decisions.
• Create measurements and reports on production, underwriting results, and financial performance.
• Determine deviations from targets and identify sources of material deviations in results.
• Participate in the development of the annual budget.

Benefits

• A diverse, inclusive, professional work environment
• Flexible work schedules
• Company match on 401(k)
• Competitive Paid Time Off policy
• Generous Employer contribution for health, dental and vision insurance
• Company paid short term and long term disability insurance
• Paid Maternity and Paternity Leave
• Tuition reimbursement
• Company paid life insurance
• Employee Assistance program
• Wellness programs
• Fun employee and company events
• Discounts on travel insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED