Coverys is looking for an Actuarial Analyst to join our Pricing & Analytics team! The Actuarial Analyst will analyze insurance premium, claim and exposure information in developing actuarial analyses. They will also provide analyses and commentary to our internal and external customers.
Essential Duties & Responsibilities
Prepares premium, claim and exposure data for actuarial analysis
Prepares analyses, including commentary, for lines of business and states as required
Identifies data issues and collaborates with external customers to resolve issues
Documents and communicates assumptions and results to internal and external clients
Analyzes internal, competitor, and industry data to determine loss trend, exposure trend, increased limit factors, and loss development factors
Achieves progress toward actuarial accreditation through successful completion of actuarial exams
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
Education, Experience, Competencies & Values
Bachelor's degree with a background in science, programming, mathematics, economics, or a related field
At least two years of related experience
Minimum of two completed actuarial exams with a passing score; property and casualty 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 $78,000 - $106,000 annually. 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!
Working at
Coverys
Coverys is a premier provider of medical professional liability insurance, leveraging over 45 years of expertise to support healthcare providers with risk management and patient safety enhancement. It employs data analytics for evidence-based solutions, aiming to reduce medical errors and malpractice claims through innovative insurance products and services.