Actuarial Analyst

Actuarial Analyst

Purpose

Under general supervision, responsible for developing loss costs and other rating plan elements based on actuarial and financial analyses.

Job Responsibilities

  • Analyze data to determine relationships, trends, issues.
  • Participate in development of business recommendations and analysis of strategies.
  • Utilize actuarial techniques and applicable analytic tools to improve and innovate ways of analyzing data.
  • Calculate loss costs and rating factors for new or existing products.
  • Perform research and other statistical analyses.
  • Typically assigned to perform countrywide loss cost reviews for a line of business, analyzing assigned rating components, provide support and recommendations through collaboration with more senior actuaries and business partners.
  • Work collaboratively to share analyses, insights and observations within the actuarial department and other functions/areas.
  • Communicate regarding current projects and overall analysis within actuarial team.

Skills, Knowledge and Abilities

  • Perform assigned work under immediate or general supervision.
  • Exercise limited judgment in accordance with policies and guidelines.
  • Deliver quality work product within agreed timeframe.
  • Proficient with standard software packages including MS Office.
  • Ability to learn additional tools that aid actuarial work (e.g., SAS, SQL, catastrophe modeling software, etc.).
  • Strong mathematical aptitude.
  • Ability to accurately perform complex actuarial analyses.

Requirements

  • Bachelors degree with emphasis in mathematics, statistics or related field.
  • 2-5 years of insurance experience and 3-5 actuarial exams.
  • May provide direction to trainees/interns and/or technical assistance for projects.
  • Computer use more than 50% of the work day.
  • Phone use 20-25% of the work day.

Resumes forwarded to: karens@aaisonline.com