Actuarial Analyst (Property & Casualty Insurance)

IAT Insurance Group is seeking an Actuarial Analyst for a hybrid role based in Naperville, IL or Alpharetta, GA, or Cheshire, CT. We work from the office Monday through Wednesday with the option of working remotely Thursday and Friday. The position will focus on insurance Pricing but has exposure to Reserving practices. The role supports Inland Marine, Property, Aviation, Programs, and Homeowners business units. As a member of the Actuarial department, the candidate can enroll in IAT's Actuarial Development Program - a program providing study time and actuarial resources for Actuarial exams. Responsibilities Produces rate adequacy reports to assist business in understanding profitability and rate need. Develops and maintains technical pricing tools. Maintains reports to accurately measure rate, retention, and new business growth. Collaborates with underwriting, claims, IT and senior management to develop plans for new products or improvements to existing products and procedures. Gathers data, analyze information, and makes recommendations/decisions to solve problems. Interprets the meaning of information for others within the organization. Develops tools to measure and monitor profitability by business unit and product. Identifies trends in claim frequency and claim severity and communicate results to underwriting and claims management. Estimates and recommends loss reserves to be carried in the company's financial statements. Develops rate-making templates and provide support for state-by-state rate filings. Perform other duties as needed. Qualifications Bachelor's degree and 2 years of relevant experience or equivalent experience is required. Equivalent experience is defined as having 6 years of relevant actuarial experience in the P&C Insurance environment. 4 or more Actuary Exams completed or on the way to being completed are required. Able to work independently and has strong oral and written communication capabilities. Able to proactively identify opportunities or problems and to facilitate understanding and solution development. Able to demonstrate highly skilled analytical and conceptual thinking. Able to work effectively in a highly collaborative team environment. Able to build and maintain a network of relationships. Able to demonstrate a strong work ethic and commitment to meeting deadlines. Able to demonstrate a history of taking the initiative, being a self-starter with strong analytical and problem-solving skills. Working Knowledge of Microsoft Products including Excel, SQL, or Python is preferred. To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes. Compensation The annual gross salary range associated with this posting is $55,200 - $120,330. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. This range represents the anticipated low and high end of the base salary for this position. The total compensation will include a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more. Benefits 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off 7% 401(k) Company Match and additional Profit Sharing Hybrid work environment Numerous training and development opportunities to assist you in furthering your career Healthcare and Wellness Programs Opportunity to earn performance-based bonuses College Loan Assistance Support Plan Educational Assistance Program Mentorship Program Dress for Your Day Policy All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify. #J-18808-Ljbffr