Associate Actuarial Analyst

Canal Insurance Company-posted 8 days ago
Full-time • Entry Level
Greenville, SC
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The Associate Actuarial Analyst position is responsible for assisting with the review and analysis of the company’s loss and expense reserve development for financial reporting as well as rating analysis in support of underwriting rate filings and experience reporting.

  • Act as key resource for ratemaking, loss reserve studies, financial reporting, forecasting and other special projects as needed for company support and state DOI rate filings.
  • Assist with compiling and ensuring the accuracy of data, organizing information for effectiveness, and collaborating with others in various disciplines as needed.
  • Prepare and maintain complex models, analyzing results, and effectively communicate recommendations while implementing changes to our products and processes
  • Work cross-functionally with other departments to compile accurate data and information in an organized and effective manner
  • Develops understanding of insurance business, products and regulatory environments
  • Demonstrate continued progression in educational achievement, specifically working towards actuarial designations such as ACAS and FCAS.
  • Perform other duties as assigned by Management.
  • Bachelor’s degree with a concentration in Mathematics, Actuarial Science, Economics, Statistics or related field required.
  • Must be currently pursuing the designation of ACAS (Associate) in the Casualty Actuarial Society.
  • Requires the completion of two or more actuarial exams.
  • Basic knowledge of actuarial methods and analysis required.
  • At least one year of experience working with data and advanced querying skills required.
  • Able to function independently with strong time management skills.
  • Advanced computer skills (word processing, spreadsheets, databases, Internet, e-mail) required.
  • Constant use of vision, hearing, and communication (oral and written in person and via telephone).
  • Frequent concentration, standing, walking, handling, reaching, and grasping.
  • Occasional bending, kneeling and lifting (up to 25 lbs.).
  • Heavy use of computer and office equipment.
  • Actuarial internship preferred but not required.
  • R, SQL, Python, PowerBI experience are a plus.
  • Insurance industry experience preferred, but not required.
  • Basic & Voluntary Life Insurance Plans
  • Medical, Dental, & Vision
  • Short Term & Long Term Disability
  • 401(k) plan with company match up to 6%
  • Flexible Spending Accounts
  • Employee Assistance Programs
  • Generous PTO Plan
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