Actuarial Analyst

Actuarial AnalystThe Actuarial Analyst will assist in setting rates for various insurance products. This may include extracting and analyzing premium and loss data, using applications and statistical programs, evaluating results for reasonability, and communicating observations to help achieve goals. Assist in developing and enhancing products, designing reports to improve decision-making, forecasting and assessing industry trends and presenting findings and recommendations to senior management.EDUCATION AND EXPERIENCE: Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or business-related disciplineSKILLS/COMPETENCIES REQUIREMENTS:Works well independently and in a team environmentDetail oriented and high level of accuracyStrong interpersonal and communication skillsAdvanced skills in Microsoft ExcelOrganization, planning and prioritization skillsStrong analytical, problem solving and judgment skillsEffective time management skills, including the capability to balance multiple projects with competing deadlinesTakes initiative on projects and assignmentsStrong mathematical skills, and a deep understanding of risk managementAbility to translate actuarial research into written recommendationsIntermediate programming skills (SQL, Python, R)ESSENTIAL DUTIES AND RESPONSIBILITIES :Support the rate review process by preparing rate indications, analyzing specific components of rating, developing pricing proposals and calculating impactsProvide data to support underwriting decision-makingAssist with analysis on project initiativesEvaluate success and drive continuous improvement in product enhancementsSolve complex business problems by leveraging the analytical and actuarial techniquesProvide support in the preparation and presentation of materials for clientsPerform statistical data analysis in support of new product developmentAnalyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customersGather and compile statistical data via Excel, Access, or data management programs, to develop reports facilitating and supporting pricing, reinsurance reporting, and valuation functionRequired Bachelors or better.Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.