Jr. Actuarial Analyst

Palomar•San Diego, CA
•$68,500 - $95,000•Hybrid

About The Position

Palomar is seeking a motivated, curious, and detail-oriented Jr. Actuarial Analyst with a strong analytical mindset. The role offers professional growth through exposure to various actuarial functions and hands-on experience with insurance data frameworks. The analyst will apply actuarial and data analysis skills to business problems while learning and collaborating across teams. The position is based in the San Diego, California office and requires working on-site three days per week.

Requirements

  • 0–3 years of experience in an actuarial or analytical role.
  • At least one actuarial exam passed and commitment to pursuing actuarial credentials such as ACAS or FCAS.
  • Strong analytical and problem-solving skills and attention to detail.
  • Proficiency in Microsoft Excel and familiarity with SQL, Python, R, or other programming languages.
  • Exposure to actuarial concepts, insurance data, or predictive modeling.
  • Strong communication skills and ability to work effectively in a team environment.
  • Willingness to learn and adapt in a dynamic work environment.
  • Ability to work on-site in the San Diego, California office three days per week.

Nice To Haves

  • Experience or coursework related to Property and Casualty Insurance.

Responsibilities

  • Assist in reserving analyses for assigned books of business using Arius and other actuarial tools.
  • Support actuarial and statistical reporting, ensuring accuracy and quality in data analysis.
  • Provide analytical support for reinsurance and pricing evaluations.
  • Contribute to program reviews and assist in analyzing new business opportunities.
  • Collaborate with other teams to enhance data-driven decision-making and support actuarial data needs.
  • Participate in data development projects to improve internal databases and analytical capabilities.
  • Engage in special projects and initiatives as assigned.

Benefits

  • Full suite of medical benefits.
  • Long-term financial incentives, including stock and participation in the competitive long-term incentive program.
  • 401(k) with 3.5% automatic, fully vested employer contributions.
  • Competitive paid time off and holiday program.
  • Lifestyle spending allowance.
  • Professional development assistance.
  • Career exploration opportunities.
  • Regular company-wide social events.
  • Competitive annual discretionary bonus program and potential annual long-term incentive stock grants.
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