Sr. Actuarial Analyst

Sr. Actuarial Analyst

Location: La Jolla, CA, Edina, MN, or Remote

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

The Details:

We are seeking a driven and curious Senior Actuarial Analyst with a strong foundation in pricing to join our growing actuarial team. Reporting to the VP, Actuarial, this role contributes directly to pricing decisions across multiple business lines while developing leadership skills through mentoring, project ownership, and cross-functional collaboration. The ideal candidate combines technical expertise in actuarial pricing and data analysis with creativity in problem-solving, a collaborative mindset, and the ability to communicate actionable insights that drive profitable business decisions.

What will you do? (Job Duties)

• Design and enhance actuarial pricing models, tools, and methodologies to support informed underwriting decisions.
• Perform account- and portfolio-level pricing analyses using actuarial techniques, rating plans, and loss experienceinitially focused on Casualty, with opportunities to expand into other lines.
• Partner with Underwriting, Finance, Claims, and Reinsurance teams to evaluate programs, structure deals, and analyze portfoliosdelivering clear insights and recommendations to stakeholders.
• Lead special initiatives such as onboarding new programs, improving models, and conducting ad hoc portfolio analyses to ensure rate adequacy and operational efficiency.
• Mentor junior analysts by sharing expertise, reviewing work, and supporting their development through the actuarial student program.
• Contribute to monitoring portfolio performance, profitability, and emerging trends to inform business decisions and product strategies.

What we are looking for: (Experience)

• Typically 58 years of experience in an actuarial role with a focus on pricing.
• Strong understanding of actuarial pricing techniques and data analytics within the property & casualty industry.
• Proficiency in SQL and Microsoft Office Suite; familiarity with programming languages such as Python, VBA, or R is a plus.
• Minimum of 5 actuarial exams passed; ACAS or FCAS designation preferred.
• Excellent communication and organizational skills, with the ability to present findings and recommendations effectively to cross-functional teams.
• Demonstrated interest in mentoring and contributing to process improvement and innovation.

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives: All team members receive company equity.
• 401k with 3.5% automatic fully vested Employer Contribution
• Competitive PTO + Holiday Program
• Hybrid Work Environment
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)

Diversity at Palomar

At Palomar, we are committed to diversity, equality, and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability (both visible and invisible) can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

Pay Range: $112,500-$172,500