Actuary - HYBRID
$80k - $150kDB INSURANCE CO., LTD. (U.S. BRANCH)
Actuary
Location: 222 S Harbor Blvd, #720, Anaheim, CA 92805
Salary: $80,000 - $150,000/year
Position Type: Full-time, Exempt (Salaried), Monday – Friday, 8:30 am – 5:30 pm, Hybrid after 1 year – 3 days in office/2 days remote
Reports to: Senior Actuarial Manager
Position Overview:
We are seeking a detail-oriented and analytical Actuary to support pricing, reserving, and analytical functions within our Commercial Auto team. This role focuses on commercial auto lines and offers strong long-term growth potential, including the opportunity to advance into a team lead or supervisory role. The ideal candidate has a solid foundation in actuarial principles, P&C insurance experience, and a desire to grow within a collaborative actuarial team.
Key Responsibilities:
- Perform actuarial analyses to support pricing, rate indications, and profitability evaluations for commercial auto products
- Assist in building and maintaining rating models, assumptions, and documentation.
- Analyze loss experience, trends, and exposures, and prepare actuarial insights to support business decisions
- Support reserve analysis, loss trend projections, and related actuarial tasks
- Prepare accurate and well-organized actuarial reports, exhibits, and presentations for management
- Collaborate with underwriting, claims, finance, and risk teams to align actuarial assumptions with business strategy
- Communicate complex actuarial concepts clearly to business partners and management
- Stay current with industry trends, regulatory changes, and emerging risk factors in P&C insurance
- Participate in process improvement, automation efforts, and actuarial best practices
Required Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
- 3+ years of professional actuarial experience in the P&C insurance industry
- Strong analytical and quantitative skills; comfortable working with large datasets
- Advanced Excel skills; familiarity with tools like SQL, R, Python, or SAS is a plus
- Excellent written and verbal communication skills; able to explain technical concepts to non-technical audiences
- Detail-oriented with strong organizational and problem-solving abilities
Preferred:
- Experience working with Commercial Auto insurance
- Progress toward or completion of actuarial exams and pursuit of an actuarial certification (ACAS)
- Familiarity with predictive modeling or data visualization
- Experience working in a multi-state regulatory environment
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
- Quarterly Fringe Benefit reimbursements
- 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.
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