Actuarial Analyst

Applicants must be a resident and work from one of the following states: WA, OR, ID, OH, IL, TX, MN, NC, SC, or FL, with occasional travel to our headquarters, located in Seattle, WA.

At PEMCO, we’re all about people – our customers, our employees, and the community. We’re a mutual insurance company owned by our Northwest policyholders. We provide auto, home, renters, and boat coverage. Recognized by Forbes as one of America’s Best Insurance Companies in both Auto and Home for 2026, based on customer survey feedback, and by Newsweek as one of America’s Greatest Midsize Workplaces 2025. We are consistently recognized for our outstanding customer service, employee expertise, community partnerships, and social impact programs. Our social impact programs motivate high achievement by youth in education; build stronger and greener communities; and increase safety at home, on the road, and at play. We’re committed to diversity, equity, inclusion, and belonging, and to fostering an inspiring and inclusive workplace. PEMCO has a dynamic and challenging opportunity for an Actuary to join our community. Join our dynamic Product Development team and play an important role in driving our profitability assessments and process improvements. In this role, you will contribute to shaping our financial strategies and optimizing our insurance products to adapt to changing market demands. Your analytical skills will be instrumental in leveraging data-driven insights to refine decision-making processes and promote sustainable growth. This position is ideal for actuaries who are eager to learn and excel in various actuarial domains, including pricing, reserving, and modeling, and are looking for new challenges in a collaborative environment.

Conduct internal loss reserving to track and analyze trends, ensuring financial stability and accurate forecasting.

Employ advanced actuarial techniques for detailed pricing analysis, enhancing both overall rate level and rating variable determinations. Assist in the development of sophisticated actuarial models, using predictive modeling techniques and statistical analysis to drive insights and decision-making, under the guidance of actuarial management and the product manager.

Participate with business partners in making product decisions and analyze the associated impacts.

Prepare regulatory filings, ensuring they align with company objectives and meet compliance standards.

Provide the feedback on the company’s annual forecast and inform business partners of emerging trends and potential risks.

Proactively investigate and assess issues and trends in actuarial science.

Demonstrate behaviors consistent with PEMCO's policies, values, code of ethics and business conduct.

Authentically support the PEMCO Brand and constantly are on the lookout for top talent to join us to achieve our Mission to Worry Less and Live More.

S. degree or equivalent work experience (Mathematics or equivalent) is required.

~5 years of experience in property casualty actuary work with a wide range of experience with a focus on rate-making and a broad knowledge of personal lines is required.

~ Strong technical aptitude and programming experience

~ Associate of the Casualty Actuarial Society (ACAS) is required.

~ MS Office: Skilled proficiency in MS Office is required. Expert in Excel.

~ Knowledge of Mathematics, Statistics and Modeling as well as strong software application and predictive modeling skills is required.

~ Skilled proficiency with Python, R, SAS and/or SQL is required. Highly Analytical: Is passionate about working with disparate datasets bringing data together to answer business questions. Collaborates to create, manage, and translate data to meaningful insights. Can work with external vendors to integrate data for analysis; knows how to build efficient and scalable infrastructure and data models is required.

~ Business Environment: Has a thorough understanding of our industry, the relevant business landscape, trends in growth and insurance environments; Greater Seattle area target pay range: $Outside greater Seattle area target pay range: $Regular part-time PEMCO employees working at least 24 hours per week and regular full-time PEMCO employees are eligible to elect coverage under medical, dental, and vision plans for themselves and their eligible family members with generous employer premium cost shares. covered by employer-paid basic life and accidental death & dismemberment insurance policies as well as long- and short-term disability benefit coverages.

eligible to participate in PEMCO’s 401(k) plan, which includes a generous employer match (2 for 1 on the first 6% employee pre-tax and/or Roth deferral, up to federal maximums).

Vacation and eight (8) paid holidays.

Granted four (4) floating holidays and up to ten (10) days of sick leave immediately upon hire (pro-rated based on hire date and full-time/part-time status).

In addition, PEMCO provides paid time off for bereavement, jury duty, and employee volunteering in the community.

Scholarship program for children of PEMCO employees after one year of service; children’s birthday gift program

Flexible Spending Accounts, Employee Assistance Program, and charitable gift matching

Other compensation depending on role, contributions, and performance may include:

Discretionary bonuses.

We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or veteran status.

At PEMCO, people are at the heart of our business. Requests are considered on a case by case basis in accordance with applicable disability laws, including the ADAAA.

Applicants have rights under Federal Employment Laws:

Family and Medical Leave Act (FMLA)