The Actuarial Analyst analyzes insurance premium, claim, and exposure information in developing actuarial analyses.  The Actuarial Analyst provides analyses and commentary to our internal and external customers.

Essential Duties & Responsibilities

• Prepare premium, claim and exposure data for actuarial analysis.

• Prepare analyses, including commentary, for lines of business and states as required.

• Identify data issues and collaborate with external customers to resolve issues.

• Document and communicate assumptions and results to internal and external clients.

• Analyze internal, competitor, and industry data to determine loss trend, exposure trend, increased limit factors, and loss development factors.

• Functional responsibilities may include:

  • Analyzing loss and loss expense reserves;

  • Analyzing unearned premium reserves and earnings patterns;

  • Supporting the production of financial statements, forecasts and budget loss ratio assumptions;

  • Developing rate indications, evaluating pricing and segmentation;

  • Supporting large account pricing;

  • Evaluating profitability.

• Achieve progress toward actuarial accreditation through successful completion of actuarial exams.

Education, Experience, Competencies & Values

• Bachelor's degree with a background in science, programming, mathematics, economics, or a related field.

• At least one year of related experience.

• Minimum of two completed actuarial exams with a passing score; SOA exam track required.

• Experience with R, SQL, SAS, VBA, or Python.

• Advanced knowledge of Microsoft Excel.

• Excellent oral and written communication skills.

• Strong interpersonal skills.

• Ability to interpret and analyze various types of data.

Salary Range is $ 90,000-$106,000. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!