Actuarial Assistant

We are seeking an analytical and motivated Actuarial Assistant to support the Actuary and Senior Actuary in conducting rate and reserve reviews that guide key business decisions. This role is part of our actuarial career progression and is ideal for candidates actively pursuing their professional actuarial designation. 

In this position, you will apply actuarial methodologies, perform detailed pricing and profitability analyses, and develop data-driven insights to support underwriting, claims, and regulatory filings. You will serve as a departmental resource on data analytics and the use of the Enterprise Data Warehouse, while preparing rate filing materials, monitoring regulatory activity, and contributing to the development of actuarial models and tools. 

The ideal candidate brings strong mathematical and statistical skills, experience with actuarial pricing or reserving, solid communication abilities, and a passion for continuous learning. This role offers meaningful collaboration across departments, opportunities for technical growth, and the chance to make a direct impact on corporate strategy and financial performance. 

• Business Acumen 
• Time & Priority Management
• Negotiation 
• Decision Making
• Results Oriented

• →Utilizes actuarial methodology and assumptions,
• →Completes detailed pricing analysis, e.g. homeowners amount of insurance and class relativities.
• →Applies data to solve common business problems,
• →Compiles, manipulates and analyses data of varying complexity.
• →Communicates results of analysis to the Actuary, Senior Actuary, or VP – Actuarial.
• →Communicates with company Underwriting Operations staff and Claims Division staff with regard to data analysis.
• →Stays abreast of emerging topics in actuarial-related insurance issues.
• →Prepares rate filing materials, including appropriate supporting exhibits and documentation.
• →Monitors the activity of rate bureaus and regulatory agencies.
• →Develops rate or reserve analysis,
• →Develops computer application systems for analysis, manipulation, and reporting of actuarial data.
• →Prepares profitability studies by reporting segment including size of policy, industry segment, and agent.

• →Acts as the Actuarial Department’s expert on the construction and use of the Enterprise Data Warehouse.
• →Performs other duties as may be assigned by the Actuary, Senior Actuary, or VP-Actuarial.

• Interacts with other departments in the organization including accounting, underwriting and claims.

Education/Credentials 

• Bachelor’s degree in actuarial science or similar curriculum providing rigorous analytical training required. 
• One exam of the Casualty Actuarial Society required.

Experience

• Minimum of 1 year of general Actuarial experience preferred.

Technical/Professional Knowledge

• Requires the ability to think critically and exercise independent judgment in the analysis of data. 
• Requires a basic understanding of actuarial pricing and reserving techniques for various lines of business. 
• Knowledge of the fundamentals of property and casualty insurance. 
• Uses skills obtained through the completion of actuarial exams to analyze data and information. 
• Familiarity with personal computer spreadsheets and database programs. 
• Strong organizational skills. 
• Must possess good written and oral communication skills.

• This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment.
• Must be able to see and effectively use a computer monitor.
• Must be able to operate a computer, keyboard and applicable printers and other general office equipment.
• Must be able to access and enter information accurately using automated systems.
• Must be able to hear and communicate via the telephone and/or monitoring devices to both internal and external clients.
• Must be able to present information to individuals and groups.
• Must be able to interpret and apply concepts that may or may not be based upon established guidelines.
• Must be able to maintain acceptable attendance and adhere to scheduled work hours.
• Must have a valid driver’s license and be able to operate a motor vehicle.
• Must be able to travel, with overnight stays required.