Actuarial Analyst

About this role

Job Type:

Full time   Exempt/Non Exempt:  

Salary Job Description:

  Location Details: Remote

Position Schedule / Shift: Monday – Friday, 8am – 5pm

Position Summary: Applicants for this position are required to be eligible to lawfully work in the U.S. immediately. Employer will not sponsor applicants for U.S. work authorization (example: H-1B visa) for this role.

Depending on team assignment, responsible for learning and utilizing various actuarial techniques and procedures, to include but not limited to: • Analyze data, develop material, and prepare appropriate communications

• Compile and organize data for actuarial review

• Prepare reports, proposals, system documents, filing support and documentation files

• Provide support to projects as required

• Develop pricing and/or reserving for current and/or new property/casualty insurance coverage and products

• Formulate and interpret mathematical ratemaking and/or reserving models using available tools

• Assist with or handle as needed ad hoc analyses, including classification, inflation, and tail factor analyses, for current and future products

• Support state and regulatory filings and respond to inquiries from auditors/DOIs

• Work with IT and business technical support in gathering and verifying data for rate indications, rate revisions, reserve indications, and special projects

• Begin to apply actuarial methods and principles to obtain indications, complete projects, analyze results, and make recommendations

• Research suitable trend indications for analysis

• communicate effectively with others in a work environment and make oral presentations to business units

• Represent the department on inter-department teams

• Execute the scheduled rate reviews and indications to ensure rates are adequate, not excessive or unfairly discriminatory and internally consistent with experience

• Analyze and prepare competitive product and rate comparison reports

• Analyze competitor’s rate structures and coverage

Qualifications: Required Education: • Bachelor’s degree in Mathematics, Actuarial Science, Statistics or a related field

• Successful completion of one or more actuarial examinations either prior to or within 18 months of date of hire

• Maintain eligibility in the Actuarial Professional Development Program following department guidelines

Experience in: • Performing research and statistical analysis to complete assignments

• PC software applications (e.g. Word, Excel, PowerPoint, etc.)

Knowledge of: • Statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusion

Skills and Ability to: • Preparation/presentation of material

• Managing workflow to achieve multiple goals

• Working individually and as part of a team

Preferred Education: • Successful completion of one or more Casualty Actuarial Society (CAS) or Society of Actuaries (SOA) examinations

Experience: • Demonstrated experience utilizing actuarial concepts in business and analytical decision-making

Knowledge of: • Insurance industry terminology and concepts

Work Environment: This position works from a home office location. Depending on the role, some employees may be required to come into the office, at a minimum, for important departmental meetings or team building events.

Compensation & Benefits Overview: ACG complies with all applicable state and local laws regarding required benefits (including PTO, paid sick leave, etc.).

Compensation Actuarial Analyst will earn a competitive salary of $65,000 - $80,000 annually with annual bonus potential based on performance.

Benefits At ACG, we offer a comprehensive and flexible benefits package designed to support your health, financial well-being, and professional growth.

Health & Wellness • Medical plans with multiple coverage options, including HSA eligibility

• Prescription drug coverage

• Dental and vision benefits

• Employee Assistance Program (confidential support services)

Financial Protection & Insurance • Company-paid basic life insurance

• Optional supplemental life insurance and dependent coverage

• Short-term and long-term disability coverage

• Critical illness, accident, and pet insurance options

Retirement & Savings • 401(k) plan to support long-term financial goals. 3% automatic deferral upon eligibility; may contribute 1% to 50% of eligible earnings, either pre or post tax. Company match of 50% paid on employee contributions up to 6% of pay, payable to employees following the end of the year; immediate vesting. Additional company contribution of 4% of pay each pay day into your account; 100% vested after three (3) years of service

• Health Savings Account (HSA) and Flexible Spending Accounts (FSA) options

Time Off & Leave • Paid Time Off (PTO): Accrual-based, increases with tenure, eligible at 90 days of employment. Full-time new employees will receive up to 12 PTO days annually; accrual based on start date and may include additional PTO based on role and/or state & local requirements. Part-time employee PTO hours are calculated based upon the standard weekly hours the employee is scheduled to work and will accrue at a minimum of 3 hours per month

• Paid Holidays: Full-time employees are eligible for 10 company-paid holidays annually, in addition to 1 mental health day, 2 floating holidays and 1 volunteer day. Holidays vary by business unit schedules. Part-time employees are eligible for 8 company-paid holidays annually, in addition to 1 mental health day and 2 floating holidays. Holidays vary by business unit schedules

• Paid leave programs, including parental, bereavement, jury duty, and military leave

Career Growth & Education • Tuition assistance (up to $5,250 annually; 80% covered by ACG)

• Professional certification support with 100% reimbursement for eligible programs

• Opportunities for career development and advancement

Additional Perks • Complimentary AAA membership with roadside assistance and travel discounts

• Ado

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