Entry Level Actuarial Associate - HYBRID

Entry Level Actuarial Associate - HYBRID $26.50 - $33.65 per hour Position Type: Full-time Non-exempt (Hourly) Monday – Friday Hybrid after 1 year – 3 days in office/2 days remote Reports to: Senior Actuarial Manager Position Overview DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings. Key Responsibilities Support actuarial and statistical analysis to drive informed decision-making Manage and update product and rating sheets using Excel to ensure accuracy and consistency Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights Conduct market and competitor benchmarking to inform strategic initiatives Assist in the preparation and submission of filings for rate, rule, and form changes Generate and analyze underwriting monitoring data to identify trends and areas for improvement Support the creation of Property & Casualty market data reports using SAS Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals Support rate filings and regulatory compliance by preparing documentation and responding to information requests Prepare reports and presentations that highlight findings, trends, and actionable insights Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis Qualifications Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field Successful completion of one or more Actuarial exams Strong analytical skills with a solid foundation in quantitative methods and data analysis Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus Exceptional attention to detail and commitment to producing accurate and high-quality work Excellent communication skills, with the ability to present complex information in an understandable manner Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry Ability to work collaboratively within a team and independently when required Benefits Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents Paid time off and sick leave 13 annual paid holidays 401(k) plan with up to 4% company match Flexible Spending Account (FSA) & Dependent Care FSA Job-related training reimbursement Casual dress code About Us At DB Insurance USA, we carry forward a legacy of excellence that began in South Korea in 1962 and expanded to the U.S. in 1984. Backed by the financial strength of a global powerhouse (AM Best Rating: A+, S&P Rating: A+), we combine world‑class resources with the agility of a close‑knit team. With offices in California, Hawaii, New York, and Guam, we provide innovative insurance solutions tailored to protect your property, business, and livelihood. We are committed to fostering a culture of inclusion and innovation, ensuring exceptional service and peace of mind for every policyholder. #J-18808-Ljbffr DB-Insurance