Senior Actuary page is loaded## Senior Actuarylocations: Boston: Remote - United States: Omaha: East Lansingtime type: Full timeposted on: Posted 5 Days Agojob requisition id: R25-800The **Senior Actuary** analyzes insurance premium, claim and exposure information in developing actuarial analyses. This position will provide analyses and commentary to our internal and external customers as well as take ownership of processes and methodologies.**Essential Duties & Responsibilities*** Apply complex and advanced actuarial techniques and expertise to multiple, cross-functional projects for existing and new products. Synthesize complex or diverse information, collect and research data and use intuition and experience to complement data. Completes work with minimal oversight.* Develop and update actuarial models and databases through formula development, research on methodologies, and collaboration on technical teams. Utilize specialized line of business, product or functional expertise and broad experience to recommend actuarial methodologies. Design workflows and procedures. Generate creative solutions. Use feedback to modify designs. Demonstrate attention to detail.* Own analysis and processes. Develop project plans, coordinate projects and communicates changes and progress. Completes projects on time and budget and manages project team activities.* Identify data issues and collaborate with external customers to resolve issues. Identify and resolve problems in a timely manner. Gather and analyze information skillfully. Develop alternative solutions. Use reason even when dealing with emotional topics.* Communicate findings and assumptions to various parties, from company management to regulators.* Participate in training of Underwriters and more junior-level team members regarding rating models and other analyses.* Maintain actuarial qualifications in compliance with regulations.* May supervise 1-2 Actuarial Analysts. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Reviews work of junior analysts, including those who may not report directly to this role.**Education, Experience, Competencies & Values*** Bachelor's degree required; 12 or more years of related experience and/or training required.* FCAS credentials.* Demonstrates leadership qualities.* Ability to interpret and analyze various types of data.* Ability to write reports and correspondence.* Ability to present analytical analyses and concepts to diverse groups.* Advanced knowledge of Microsoft Excel.* Advanced knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL.* All candidates must be eligible to work in the US without sponsorship or restriction.*Base salary range is* *$142,140 - $192,310**. 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!
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$142.1k-192.3k yearly 6d ago
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Senior Actuary - Middle Market Growth & Analytics
The Liberty Mutual Foundation 4.5
Boston, MA jobs
A national insurance company in Boston is seeking an experienced Actuarial Analyst to support Middle Market growth through detailed actuarial analysis. This role involves collaboration with underwriting teams and requires strong analytical and communication skills. Ideal candidates will have a Bachelor's in a STEM field and relevant actuarial qualifications. The company offers a competitive salary and comprehensive benefits, emphasizing an inclusive workplace culture.
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$80k-120k yearly est. 2d ago
Lead Actuarial Analyst
Workers' Compensation Insurance Rating Bureau of California (Wcirb 4.1
San Jose, CA jobs
The WCIRB is looking for an experienced Lead Actuarial Analyst interested in having a critical role in the WCIRB's actuarial functions. This position will be directly involved in the WCIRB's core ratemaking and data analysis functions with opportunities for growth, independence, and external communication.
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) is California's trusted, objective provider of actuarially-based information and research, advisory pure premium rates, and educational services integral to a healthy workers' compensation system. The WCIRB is a California unincorporated, private, nonprofit association comprised of all companies licensed to transact workers' compensation insurance in California, and has over 400 member companies. No state money is used to fund its operations. The operations of the WCIRB are funded primarily by membership fees and assessments.
To accurately measure the cost of providing workers' compensation benefits, the WCIRB performs a number of functions, including collection of premium and loss data on every workers' compensation insurance policy, examination of policy documents, inspections of insured businesses, and test audits of insurer payroll audits and claims classification.
The WCIRB employs approximately 175 people. The home office is located in San Francisco, California.
Summary of Position
The Lead Actuarial Analyst is responsible for (1) leading various complex actuarial analyses and core projects, (2) supervising and maintaining data collection processes, and (3) providing input and insight regarding trends, cost drivers, and other key components of the WCIRB's core ratemaking functions.
The Lead Actuarial Analyst works independently and collaboratively with other members of the Actuarial Services team, other WCIRB research teams and other WCIRB departments, with little to no supervision, and where work is peer reviewed by other analysts or leaders.
The Lead Actuarial Analyst reports to the Vice President, Actuary.
Essential Duties and Responsibilities
Leads the analysis and evaluation of statistical data pertaining to pure premium rates; identifies trends or cost drivers; prepares materials for committees or rate filings to evaluate impact of various cost drivers on pure premium rates.
Leads actuarial analyses of aggregate data and ratemaking methodologies; recommends adjustments to actuarial ratemaking methodologies to the Vice President, Actuary and Chief Actuary; periodically validates appropriateness of methodologies.
Provides key deliverables and correspondence with WCIRB members and other customers, such as the insurance department and governmental agencies, on complex data and other technical issues, with minimal or no supervision.
Represents Actuarial department and provides subject matter expertise on actuarial data and data collection processes to representatives of other units of the WCIRB on various cross-functional projects and issues.
Prepares, reviews, and analyzes various studies of aggregate and classification experience for rate filings and other reports produced by Actuarial Services included those presented to WCIRB Committees and Working Groups.
Leads the Actuarial team's efforts in collaboration with the IT department on the development and changes to applications used by the Actuarial team and customers to submit, retrieve, and/or analyze data.
Supervises the development and maintenance of data products and oversees the fulfillment of data requirements pursuant to statutory and regulatory mandates.
Performs peer reviews of analysts' work.
Supervises actuarial analysts in various aspects of analyses; oversees progress of projects and guides projects to completion in an accurate and timely manner.
Education, Experience, and Skill Qualifications:
Educational background (Bachelor's degree or above) in a technical field such as mathematics, actuarial science, applied statistics, or economics.
Five years of experience as an actuarial analyst in a property/casualty insurance company, rating organization, consulting firm, or a state insurance department.
Very strong professional communication skills, both verbally and in writing.
Strong listening and interpersonal skills.
A high level of ability in the utilization of mathematical techniques for the analysis of statistical information.
The ability to develop a complete theoretical framework with precisely-defined relationships, as necessary in special studies or rate revisions.
Very strong proficiency in the following three areas with six years' experience preferred: mathematics, applied statistics, and programming (in a language such as VBA, SQL, R, or Python).
Proficiency in Microsoft Office Suite.
Associate of the Casualty Actuarial Society (CAS) or at least six CAS exams with extensive related experience.
Perks & Benefits
Our employees enjoy a state of the art, energy-efficient, open work environment that nurtures collaboration and creativity. At the WCIRB, we go the extra mile to keep our employees happy and healthy.
Proud to be recognized as a Plan Sponsor of the Year finalist for our commitment to retirement readiness through strong 401k and pension offerings.
Some of our perks include:
Hybrid work environment (40% onsite 60% remote)
Medical, dental and vision benefits
Competitive PTO Program
401K and pension plan
Annual incentive plan
Social activities
Community volunteer involvement
WCIRB is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
The successful candidate will reside in California and will work from our headquarters in San Francisco at least 40% of the time. We are NOT able to pay for relocation costs for candidates or to sponsor or take over sponsorship of an employment Visa at this time. Thank you for your interest in the WCIRB!
$72k-97k yearly est. 1d ago
Lead Actuarial Analyst
Workers' Compensation Insurance Rating Bureau of California (Wcirb 4.1
Santa Rosa, CA jobs
The WCIRB is looking for an experienced Lead Actuarial Analyst interested in having a critical role in the WCIRB's actuarial functions. This position will be directly involved in the WCIRB's core ratemaking and data analysis functions with opportunities for growth, independence, and external communication.
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) is California's trusted, objective provider of actuarially-based information and research, advisory pure premium rates, and educational services integral to a healthy workers' compensation system. The WCIRB is a California unincorporated, private, nonprofit association comprised of all companies licensed to transact workers' compensation insurance in California, and has over 400 member companies. No state money is used to fund its operations. The operations of the WCIRB are funded primarily by membership fees and assessments.
To accurately measure the cost of providing workers' compensation benefits, the WCIRB performs a number of functions, including collection of premium and loss data on every workers' compensation insurance policy, examination of policy documents, inspections of insured businesses, and test audits of insurer payroll audits and claims classification.
The WCIRB employs approximately 175 people. The home office is located in San Francisco, California.
Summary of Position
The Lead Actuarial Analyst is responsible for (1) leading various complex actuarial analyses and core projects, (2) supervising and maintaining data collection processes, and (3) providing input and insight regarding trends, cost drivers, and other key components of the WCIRB's core ratemaking functions.
The Lead Actuarial Analyst works independently and collaboratively with other members of the Actuarial Services team, other WCIRB research teams and other WCIRB departments, with little to no supervision, and where work is peer reviewed by other analysts or leaders.
The Lead Actuarial Analyst reports to the Vice President, Actuary.
Essential Duties and Responsibilities
Leads the analysis and evaluation of statistical data pertaining to pure premium rates; identifies trends or cost drivers; prepares materials for committees or rate filings to evaluate impact of various cost drivers on pure premium rates.
Leads actuarial analyses of aggregate data and ratemaking methodologies; recommends adjustments to actuarial ratemaking methodologies to the Vice President, Actuary and Chief Actuary; periodically validates appropriateness of methodologies.
Provides key deliverables and correspondence with WCIRB members and other customers, such as the insurance department and governmental agencies, on complex data and other technical issues, with minimal or no supervision.
Represents Actuarial department and provides subject matter expertise on actuarial data and data collection processes to representatives of other units of the WCIRB on various cross-functional projects and issues.
Prepares, reviews, and analyzes various studies of aggregate and classification experience for rate filings and other reports produced by Actuarial Services included those presented to WCIRB Committees and Working Groups.
Leads the Actuarial team's efforts in collaboration with the IT department on the development and changes to applications used by the Actuarial team and customers to submit, retrieve, and/or analyze data.
Supervises the development and maintenance of data products and oversees the fulfillment of data requirements pursuant to statutory and regulatory mandates.
Performs peer reviews of analysts' work.
Supervises actuarial analysts in various aspects of analyses; oversees progress of projects and guides projects to completion in an accurate and timely manner.
Education, Experience, and Skill Qualifications:
Educational background (Bachelor's degree or above) in a technical field such as mathematics, actuarial science, applied statistics, or economics.
Five years of experience as an actuarial analyst in a property/casualty insurance company, rating organization, consulting firm, or a state insurance department.
Very strong professional communication skills, both verbally and in writing.
Strong listening and interpersonal skills.
A high level of ability in the utilization of mathematical techniques for the analysis of statistical information.
The ability to develop a complete theoretical framework with precisely-defined relationships, as necessary in special studies or rate revisions.
Very strong proficiency in the following three areas with six years' experience preferred: mathematics, applied statistics, and programming (in a language such as VBA, SQL, R, or Python).
Proficiency in Microsoft Office Suite.
Associate of the Casualty Actuarial Society (CAS) or at least six CAS exams with extensive related experience.
Perks & Benefits
Our employees enjoy a state of the art, energy-efficient, open work environment that nurtures collaboration and creativity. At the WCIRB, we go the extra mile to keep our employees happy and healthy.
Proud to be recognized as a Plan Sponsor of the Year finalist for our commitment to retirement readiness through strong 401k and pension offerings.
Some of our perks include:
Hybrid work environment (40% onsite 60% remote)
Medical, dental and vision benefits
Competitive PTO Program
401K and pension plan
Annual incentive plan
Social activities
Community volunteer involvement
WCIRB is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
The successful candidate will reside in California and will work from our headquarters in San Francisco at least 40% of the time. We are NOT able to pay for relocation costs for candidates or to sponsor or take over sponsorship of an employment Visa at this time. Thank you for your interest in the WCIRB!
$72k-98k yearly est. 1d ago
Lead Actuarial Analyst
Workers' Compensation Insurance Rating Bureau of California (Wcirb 4.1
San Francisco, CA jobs
The WCIRB is looking for an experienced Lead Actuarial Analyst interested in having a critical role in the WCIRB's actuarial functions. This position will be directly involved in the WCIRB's core ratemaking and data analysis functions with opportunities for growth, independence, and external communication.
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) is California's trusted, objective provider of actuarially-based information and research, advisory pure premium rates, and educational services integral to a healthy workers' compensation system. The WCIRB is a California unincorporated, private, nonprofit association comprised of all companies licensed to transact workers' compensation insurance in California, and has over 400 member companies. No state money is used to fund its operations. The operations of the WCIRB are funded primarily by membership fees and assessments.
To accurately measure the cost of providing workers' compensation benefits, the WCIRB performs a number of functions, including collection of premium and loss data on every workers' compensation insurance policy, examination of policy documents, inspections of insured businesses, and test audits of insurer payroll audits and claims classification.
The WCIRB employs approximately 175 people. The home office is located in San Francisco, California.
Summary of Position
The Lead Actuarial Analyst is responsible for (1) leading various complex actuarial analyses and core projects, (2) supervising and maintaining data collection processes, and (3) providing input and insight regarding trends, cost drivers, and other key components of the WCIRB's core ratemaking functions.
The Lead Actuarial Analyst works independently and collaboratively with other members of the Actuarial Services team, other WCIRB research teams and other WCIRB departments, with little to no supervision, and where work is peer reviewed by other analysts or leaders.
The Lead Actuarial Analyst reports to the Vice President, Actuary.
Essential Duties and Responsibilities
Leads the analysis and evaluation of statistical data pertaining to pure premium rates; identifies trends or cost drivers; prepares materials for committees or rate filings to evaluate impact of various cost drivers on pure premium rates.
Leads actuarial analyses of aggregate data and ratemaking methodologies; recommends adjustments to actuarial ratemaking methodologies to the Vice President, Actuary and Chief Actuary; periodically validates appropriateness of methodologies.
Provides key deliverables and correspondence with WCIRB members and other customers, such as the insurance department and governmental agencies, on complex data and other technical issues, with minimal or no supervision.
Represents Actuarial department and provides subject matter expertise on actuarial data and data collection processes to representatives of other units of the WCIRB on various cross-functional projects and issues.
Prepares, reviews, and analyzes various studies of aggregate and classification experience for rate filings and other reports produced by Actuarial Services included those presented to WCIRB Committees and Working Groups.
Leads the Actuarial team's efforts in collaboration with the IT department on the development and changes to applications used by the Actuarial team and customers to submit, retrieve, and/or analyze data.
Supervises the development and maintenance of data products and oversees the fulfillment of data requirements pursuant to statutory and regulatory mandates.
Performs peer reviews of analysts' work.
Supervises actuarial analysts in various aspects of analyses; oversees progress of projects and guides projects to completion in an accurate and timely manner.
Education, Experience, and Skill Qualifications:
Educational background (Bachelor's degree or above) in a technical field such as mathematics, actuarial science, applied statistics, or economics.
Five years of experience as an actuarial analyst in a property/casualty insurance company, rating organization, consulting firm, or a state insurance department.
Very strong professional communication skills, both verbally and in writing.
Strong listening and interpersonal skills.
A high level of ability in the utilization of mathematical techniques for the analysis of statistical information.
The ability to develop a complete theoretical framework with precisely-defined relationships, as necessary in special studies or rate revisions.
Very strong proficiency in the following three areas with six years' experience preferred: mathematics, applied statistics, and programming (in a language such as VBA, SQL, R, or Python).
Proficiency in Microsoft Office Suite.
Associate of the Casualty Actuarial Society (CAS) or at least six CAS exams with extensive related experience.
Perks & Benefits
Our employees enjoy a state of the art, energy-efficient, open work environment that nurtures collaboration and creativity. At the WCIRB, we go the extra mile to keep our employees happy and healthy.
Proud to be recognized as a Plan Sponsor of the Year finalist for our commitment to retirement readiness through strong 401k and pension offerings.
Some of our perks include:
Hybrid work environment (40% onsite 60% remote)
Medical, dental and vision benefits
Competitive PTO Program
401K and pension plan
Annual incentive plan
Social activities
Community volunteer involvement
WCIRB is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
The successful candidate will reside in California and will work from our headquarters in San Francisco at least 40% of the time. We are NOT able to pay for relocation costs for candidates or to sponsor or take over sponsorship of an employment Visa at this time. Thank you for your interest in the WCIRB!
$72k-98k yearly est. 1d ago
Lead Actuarial Analyst
Workers' Compensation Insurance Rating Bureau of California (Wcirb 4.1
San Mateo, CA jobs
The WCIRB is looking for an experienced Lead Actuarial Analyst interested in having a critical role in the WCIRB's actuarial functions. This position will be directly involved in the WCIRB's core ratemaking and data analysis functions with opportunities for growth, independence, and external communication.
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) is California's trusted, objective provider of actuarially-based information and research, advisory pure premium rates, and educational services integral to a healthy workers' compensation system. The WCIRB is a California unincorporated, private, nonprofit association comprised of all companies licensed to transact workers' compensation insurance in California, and has over 400 member companies. No state money is used to fund its operations. The operations of the WCIRB are funded primarily by membership fees and assessments.
To accurately measure the cost of providing workers' compensation benefits, the WCIRB performs a number of functions, including collection of premium and loss data on every workers' compensation insurance policy, examination of policy documents, inspections of insured businesses, and test audits of insurer payroll audits and claims classification.
The WCIRB employs approximately 175 people. The home office is located in San Francisco, California.
Summary of Position
The Lead Actuarial Analyst is responsible for (1) leading various complex actuarial analyses and core projects, (2) supervising and maintaining data collection processes, and (3) providing input and insight regarding trends, cost drivers, and other key components of the WCIRB's core ratemaking functions.
The Lead Actuarial Analyst works independently and collaboratively with other members of the Actuarial Services team, other WCIRB research teams and other WCIRB departments, with little to no supervision, and where work is peer reviewed by other analysts or leaders.
The Lead Actuarial Analyst reports to the Vice President, Actuary.
Essential Duties and Responsibilities
Leads the analysis and evaluation of statistical data pertaining to pure premium rates; identifies trends or cost drivers; prepares materials for committees or rate filings to evaluate impact of various cost drivers on pure premium rates.
Leads actuarial analyses of aggregate data and ratemaking methodologies; recommends adjustments to actuarial ratemaking methodologies to the Vice President, Actuary and Chief Actuary; periodically validates appropriateness of methodologies.
Provides key deliverables and correspondence with WCIRB members and other customers, such as the insurance department and governmental agencies, on complex data and other technical issues, with minimal or no supervision.
Represents Actuarial department and provides subject matter expertise on actuarial data and data collection processes to representatives of other units of the WCIRB on various cross-functional projects and issues.
Prepares, reviews, and analyzes various studies of aggregate and classification experience for rate filings and other reports produced by Actuarial Services included those presented to WCIRB Committees and Working Groups.
Leads the Actuarial team's efforts in collaboration with the IT department on the development and changes to applications used by the Actuarial team and customers to submit, retrieve, and/or analyze data.
Supervises the development and maintenance of data products and oversees the fulfillment of data requirements pursuant to statutory and regulatory mandates.
Performs peer reviews of analysts' work.
Supervises actuarial analysts in various aspects of analyses; oversees progress of projects and guides projects to completion in an accurate and timely manner.
Education, Experience, and Skill Qualifications:
Educational background (Bachelor's degree or above) in a technical field such as mathematics, actuarial science, applied statistics, or economics.
Five years of experience as an actuarial analyst in a property/casualty insurance company, rating organization, consulting firm, or a state insurance department.
Very strong professional communication skills, both verbally and in writing.
Strong listening and interpersonal skills.
A high level of ability in the utilization of mathematical techniques for the analysis of statistical information.
The ability to develop a complete theoretical framework with precisely-defined relationships, as necessary in special studies or rate revisions.
Very strong proficiency in the following three areas with six years' experience preferred: mathematics, applied statistics, and programming (in a language such as VBA, SQL, R, or Python).
Proficiency in Microsoft Office Suite.
Associate of the Casualty Actuarial Society (CAS) or at least six CAS exams with extensive related experience.
Perks & Benefits
Our employees enjoy a state of the art, energy-efficient, open work environment that nurtures collaboration and creativity. At the WCIRB, we go the extra mile to keep our employees happy and healthy.
Proud to be recognized as a Plan Sponsor of the Year finalist for our commitment to retirement readiness through strong 401k and pension offerings.
Some of our perks include:
Hybrid work environment (40% onsite 60% remote)
Medical, dental and vision benefits
Competitive PTO Program
401K and pension plan
Annual incentive plan
Social activities
Community volunteer involvement
WCIRB is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
The successful candidate will reside in California and will work from our headquarters in San Francisco at least 40% of the time. We are NOT able to pay for relocation costs for candidates or to sponsor or take over sponsorship of an employment Visa at this time. Thank you for your interest in the WCIRB!
$72k-98k yearly est. 1d ago
Lead Actuarial Analyst
Workers' Compensation Insurance Rating Bureau of California (Wcirb 4.1
Fremont, CA jobs
The WCIRB is looking for an experienced Lead Actuarial Analyst interested in having a critical role in the WCIRB's actuarial functions. This position will be directly involved in the WCIRB's core ratemaking and data analysis functions with opportunities for growth, independence, and external communication.
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) is California's trusted, objective provider of actuarially-based information and research, advisory pure premium rates, and educational services integral to a healthy workers' compensation system. The WCIRB is a California unincorporated, private, nonprofit association comprised of all companies licensed to transact workers' compensation insurance in California, and has over 400 member companies. No state money is used to fund its operations. The operations of the WCIRB are funded primarily by membership fees and assessments.
To accurately measure the cost of providing workers' compensation benefits, the WCIRB performs a number of functions, including collection of premium and loss data on every workers' compensation insurance policy, examination of policy documents, inspections of insured businesses, and test audits of insurer payroll audits and claims classification.
The WCIRB employs approximately 175 people. The home office is located in San Francisco, California.
Summary of Position
The Lead Actuarial Analyst is responsible for (1) leading various complex actuarial analyses and core projects, (2) supervising and maintaining data collection processes, and (3) providing input and insight regarding trends, cost drivers, and other key components of the WCIRB's core ratemaking functions.
The Lead Actuarial Analyst works independently and collaboratively with other members of the Actuarial Services team, other WCIRB research teams and other WCIRB departments, with little to no supervision, and where work is peer reviewed by other analysts or leaders.
The Lead Actuarial Analyst reports to the Vice President, Actuary.
Essential Duties and Responsibilities
Leads the analysis and evaluation of statistical data pertaining to pure premium rates; identifies trends or cost drivers; prepares materials for committees or rate filings to evaluate impact of various cost drivers on pure premium rates.
Leads actuarial analyses of aggregate data and ratemaking methodologies; recommends adjustments to actuarial ratemaking methodologies to the Vice President, Actuary and Chief Actuary; periodically validates appropriateness of methodologies.
Provides key deliverables and correspondence with WCIRB members and other customers, such as the insurance department and governmental agencies, on complex data and other technical issues, with minimal or no supervision.
Represents Actuarial department and provides subject matter expertise on actuarial data and data collection processes to representatives of other units of the WCIRB on various cross-functional projects and issues.
Prepares, reviews, and analyzes various studies of aggregate and classification experience for rate filings and other reports produced by Actuarial Services included those presented to WCIRB Committees and Working Groups.
Leads the Actuarial team's efforts in collaboration with the IT department on the development and changes to applications used by the Actuarial team and customers to submit, retrieve, and/or analyze data.
Supervises the development and maintenance of data products and oversees the fulfillment of data requirements pursuant to statutory and regulatory mandates.
Performs peer reviews of analysts' work.
Supervises actuarial analysts in various aspects of analyses; oversees progress of projects and guides projects to completion in an accurate and timely manner.
Education, Experience, and Skill Qualifications:
Educational background (Bachelor's degree or above) in a technical field such as mathematics, actuarial science, applied statistics, or economics.
Five years of experience as an actuarial analyst in a property/casualty insurance company, rating organization, consulting firm, or a state insurance department.
Very strong professional communication skills, both verbally and in writing.
Strong listening and interpersonal skills.
A high level of ability in the utilization of mathematical techniques for the analysis of statistical information.
The ability to develop a complete theoretical framework with precisely-defined relationships, as necessary in special studies or rate revisions.
Very strong proficiency in the following three areas with six years' experience preferred: mathematics, applied statistics, and programming (in a language such as VBA, SQL, R, or Python).
Proficiency in Microsoft Office Suite.
Associate of the Casualty Actuarial Society (CAS) or at least six CAS exams with extensive related experience.
Perks & Benefits
Our employees enjoy a state of the art, energy-efficient, open work environment that nurtures collaboration and creativity. At the WCIRB, we go the extra mile to keep our employees happy and healthy.
Proud to be recognized as a Plan Sponsor of the Year finalist for our commitment to retirement readiness through strong 401k and pension offerings.
Some of our perks include:
Hybrid work environment (40% onsite 60% remote)
Medical, dental and vision benefits
Competitive PTO Program
401K and pension plan
Annual incentive plan
Social activities
Community volunteer involvement
WCIRB is an equal opportunity employer committed to an inclusive workplace that fosters belonging. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, age, genetic information, or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
The successful candidate will reside in California and will work from our headquarters in San Francisco at least 40% of the time. We are NOT able to pay for relocation costs for candidates or to sponsor or take over sponsorship of an employment Visa at this time. Thank you for your interest in the WCIRB!
$72k-97k yearly est. 1d ago
Actuarial Analyst
Old Republic Specialty Insurance Underwriters 4.5
Yardley, PA jobs
Title: Actuarial Analyst
Reports To: VP, Actuary
Department: Actuary
Classification: Full-Time/Exempt
Who We Are:
Old Republic is a leading specialty insurer that operates diverse property & casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500, we are a leader in underwriting and risk management services for business partners across the United States and Canada. Our specialized operating companies are experts in their fields, enabling us to provide tailored solutions that set us apart.
Old Republic Specialty Insurance Underwriters (ORSIU) is part of Old Republic International Corporation. We offer insurance and reinsurance spanning most lines of business, and partner with specialists who are committed to providing the highest levels of service with the products necessary to meet the unique needs of the Alternative Risks, Specialty Programs and Excess Casualty marketplace.
Position Overview:
The Actuarial Analyst will assist in the completion of actuarial work products provided by the team, including insurance & reinsurance pricing, tool & model development and internal reporting.
Essential Job Functions:
Assist and complete individual account pricing and portfolio pricing analyses.
Prepare monthly/quarterly management reports as required; work with senior leadership to improve and automate these reports.
Maintain and improve existing pricing models and assist in the development of new models.
Provide actuarial support for rate filings and data calls; prepare data and exhibits in response to objections from state insurance departments.
Assist in the collection of internal and external data for rate monitoring and other projects as needed.
Qualifications:
Degree in Actuarial Science, Mathematics, Statistics, Economics, or other math-focused or programming field. Insurance industry experience preferred.
Minimum 2-3 years of P/C actuarial experience preferred.
Strong familiarity with Microsoft Excel required; experience with Access, SQL, VBA, Python or other programming languages.
Completion of 2-4 CAS actuarial exams is preferred.
ORI is an Equal Opportunity Employer. ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
$62k-72k yearly est. 1d ago
Actuarial Intern
W.R. Berkley Corporation 4.2
San Diego, CA jobs
Company Details Preferred Employers Insurance, A Berkley Company specializes in providing workers' compensation insurance to California business owners. The company serves three major Client Segments: Small Business, Mid-Larger Businesses and Programs (Groups & Association Members). The company's distribution partners (agents & brokers) number 400 locations throughout the state. Preferred serves 10,000 policyholders and provides medical claims handling and claims management for policyholders as needed to care for injured workers. The company is rated A+ Superior by industry-rating organization, AM Best & Company
Responsibilities
Preferred Employers Insurance is seeking an Actuarial Intern to join our team. This internship offers approximately 30 hours per week during the summer, with the possibility of continuing into the academic year. Interns will work on meaningful projects that build technical and professional skills while gaining exposure to the operations of a property and casualty insurance company. The Actuarial Intern will assist in a wide range of actuarial and analytical work that supports key business decisions, could include price monitoring, profitability analysis, operational metrics, report creation, data reporting, or competitor tracking. In addition, the intern will develop technical skills in Excel, SQL, and Power BI, and gain hands-on experience with insurance analytics. Candidates should be self-starters who thrive in a fast-paced environment, demonstrate strong analytical and problem-solving skills, and have the ability to quickly learn new business concepts and technical tools.
Key functions include but are not limited to:
* Segmentation analysis to evaluate loss performance
* Pricing recommendations for large accounts
* Territorial Analysis
* Ad hoc data requests for internal customers
* Economic market trend reports to forecast likely growth markets
* Development of templates to increase internal efficiency
* Tracking competitor rate filings
* Data reporting
Qualifications
* Completion of at least one actuarial exam
* Minimum overall GPA of 3.0
* Pursuing a Bachelor's degree in mathematics, statistics, economics, finance, management science, actuarial science, or related field
* Strong analytical skills with the ability to evaluate information and draw sound conclusions
* Proactive approach to quickly tackling new assignments
* High level of accuracy with error-free work products
* Ability to meet deadlines and deliver timely results
* Cooperative attitude and willingness to assist others
* Diligent in producing thorough and timely work
* Excellent written and oral communication skills
* Strong technical and computer skills: proficient in Excel, SQL/Python/R is preferred
Additional Company Details
The Company is an equal employment opportunity employer.
Sponsorship Details
Sponsorship not Offered for this Role Responsibilities Preferred Employers Insurance is seeking an Actuarial Intern to join our team. This internship offers approximately 30 hours per week during the summer, with the possibility of continuing into the academic year. Interns will work on meaningful projects that build technical and professional skills while gaining exposure to the operations of a property and casualty insurance company. The Actuarial Intern will assist in a wide range of actuarial and analytical work that supports key business decisions, could include price monitoring, profitability analysis, operational metrics, report creation, data reporting, or competitor tracking. In addition, the intern will develop technical skills in Excel, SQL, and Power BI, and gain hands-on experience with insurance analytics. Candidates should be self-starters who thrive in a fast-paced environment, demonstrate strong analytical and problem-solving skills, and have the ability to quickly learn new business concepts and technical tools. Key functions include but are not limited to: - Segmentation analysis to evaluate loss performance - Pricing recommendations for large accounts - Territorial Analysis - Ad hoc data requests for internal customers - Economic market trend reports to forecast likely growth markets - Development of templates to increase internal efficiency - Tracking competitor rate filings - Data reporting
$99k-123k yearly est. Auto-Apply 2d ago
Associate, Actuarial
Oscar 4.6
Dallas, TX jobs
Hi, we're Oscar. We're hiring an Associate, Actuary to join our Actuarial team.
Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves-one that behaves like a doctor in the family.
About the role:
The Associate, Actuarial supports pricing for several ACA markets and leads efforts to maintain pricing and plan design modeling. The Associate is a critical partner to Market P&L, Insurance Product and other Analytic support functions for consultation of regional specific pricing, network and product strategy. They also support the regulatory submission process, support plan design compliance, and will ensure pricing is actuarially sound.
You will report into the Associate Director, Actuarial.
Work Location:
This is a remote position, open to candidates who reside in: Dallas, TX. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote
Pay Transparency: The base pay for this role is: $102,240 - $134,190 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.
Responsibilities:
Maintain core pricing and plan design models. Ensure consistency and standardization across team users.
Important contributor in developing and submitting regulatory filings, and developing a viewpoint and recommendation for strategic pricing decisions.
Provide an actuarial viewpoint across cross-functional teams for Oscar's ACA-compliant Individual and Small Group markets as we grow in our markets.
Promote and shape Oscar actuarial best practices concerning automation and documentation.
Maintain relationships, partnership, and lines of communication with both internal and external stakeholders.
Aid in the onboarding of analysts by collaborating and integrating them into existing processes.
Compliance with all applicable laws and regulations
Other duties as assigned
Requirements:
College degree in a STEM field.
Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
4+ years of quantitative analysis experience.
Bonus points:
Excellent communication, collaboration, and relationship-building skills.
Strong understanding of health insurance concepts and nuances.
This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.
At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.
Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.
Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.
Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant's disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.
California Residents: For information about our collection, use, and disclosure of applicants' personal information as well as applicants' rights over their personal information, please see our Privacy Policy.
Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.
We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Summary
Directs and provides leadership in the design, pricing, and implementation of insurance products. Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.
Job Description
* This role requires the employee to be hybrid in Cedar Rapids, Baltimore or Philly
Responsibilities
* Provides reports and analyses to management on sales, persistency and mortality or morbidity experience for various product lines, reserve adequacy, risk management information, or various other similar items.
* Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
* May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development.
* Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace.
* May represent the company on industry and professional committees and/or with regulators.
* May supervise a small team of employees.
Qualifications
* FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 8 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills. Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives. Excellent computer skills.
Preferred Qualifications
* Programming skills.
Working Conditions
* Office Environment (Hybrid in Baltimore, Philly or Cedar Rapids)
* Occasional Travel
* Limited travel may be required
The Salary for this position generally ranges between $125,000 - $140,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
* Competitive Pay
* Bonus for Eligible Employees
Benefits Package
* Pension Plan
* 401k Match
* Employee Stock Purchase Plan
* Tuition Reimbursement
* Disability Insurance
* Medical Insurance
* Dental Insurance
* Vision Insurance
* Employee Discounts
* Career Training & Development Opportunities
Health and Work/Life Balance Benefits
* Paid Time Off starting at 160 hours annually for employees in their first year of service.
* Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
* Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
* Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
* Adoption Assistance
* Employee Assistance Program
* Back-Up Care Program
* PTO for Volunteer Hours
* Employee Matching Gifts Program
* Employee Resource Groups
* Inclusion and Diversity Programs
* Employee Recognition Program
* Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica's Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
* As of December 31, 2023
$125k-140k yearly Auto-Apply 19d ago
Actuarial Spring Intern - Data Analytics
Worker's Compensation Insurance Rating Bureau 4.1
San Francisco, CA jobs
Job Description
WCIRB ActuarialInternship Program - Data Analytics and Research
The Workers' Compensation Insurance Rating Bureau of California (WCIRB) provides a 10-week internship program for the Spring to participate in hands-on training in the areas of Actuarial Science, Data Analytics and Research.
We work on a variety of workers' compensation projects, from medical cost trend analysis and classification research that support advisory pure premium rate changes (see: Regulatory and Pure Premium Rating Filings | WCIRB California), to innovative studies uncovering emerging drivers of system costs. Our research dives into timely and relevant topics, such as employee tenure and the effectiveness of experience rating in promoting workplace safety. We also push boundaries by exploring how climate change and AI may influence the workers' compensation landscape in the years ahead.
We seek motivated and curious students entering their third or fourth year at a college or university or graduates in a Math, Science, Statistics or related undergraduate/graduate program to participate in a part-time, paid, opportunity. No prior Actuarial experience or exams are required.
In this internship, the intern will work alongside our highly skilled and professional staff and will work on challenging projects that will provide practical work experience while developing problem solving and decision-making skills.
As an Intern at the WCIRB, you will:
Learn about various workers' compensation insurance data, such as workers' compensation policy and claims data, and medical and indemnity transaction data
Analyze and internally present data for research studies
Work on dashboards of important data trends and patterns
Receive coaching and professional development from department leaders and learn about our organization and industry
This internship opportunity is in our San Francisco, CA office and will operate under the guidance of WCIRB Actuarial and Research department leadership.
This internship is a part-time opportunity working 30 hours per week for ten weeks, four days on-site, starting around January/February. Interns will be paid $28.00 per hour.
This internship opportunity does not provide any housing allocation. Participants are responsible for arranging their own housing and transportation. The WCIRB office is located within the Financial District area of San Francisco and is easily accessible by BART.
Requirements and Qualifications:
Third- or Fourth-year undergraduate student pursuing a bachelor's degree in science, math, statistics, economics, actuarial science or related field, a graduate student pursuing a master's degree or PhD in one of these fields, or a graduate with a credential in one of these fields
GPA of 3.4 or greater on 4.0 scale
Strong oral and written communication skills with the ability to explain technical projects to colleagues
Excellent organizational and time management skills
Able to work independently and collaborate with colleagues to solve challenging problems
Familiarity with Excel
Proficiency in Python or R required
Experience with SQL preferred
Eligible to work in the United States with no restrictions
$28 hourly 24d ago
Associate Actuary II
Argo Group International Holdings Ltd. 4.9
San Antonio, TX jobs
Argo Group International Holdings, Inc. and American National, US based specialty P&C companies, (together known as BP&C, Inc.) are wholly owned subsidiaries of Brookfield Wealth Solutions, Ltd. ("BWS"), a New York and Toronto-listed public company. BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions.
Job Description
The Associate Actuary II will design and refine pricing structures for commercial lines, develop advanced loss-premium projections, and apply actuarial standards to deliver insights that shape business strategy. The Associate Actuary II will work with ISO data and methodologies, manage and mentor junior analysts, and contribute to the financial strength of the organization.
Key Responsibilities:
* Design and implement pricing structures for commercial lines of business.
* Lead the development of highly visible loss-premium projections to inform business strategy.
* Apply fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses.
* Prepare and present summaries of actuarial analyses for distribution to Home Office, Field management, consultants, reinsurers, regulators and additional departments.
* Complete processes and improve methods for performing and documenting actuarial analyses promptly and accurately.
* Manage and train junior actuarial analysts with spreadsheets, databases, and sources of data used in actuarial analyses.
* Prepare for and progress in the CAS examinations through on-the-job and home study.
Qualifications:
* ACAS designation or near-ACAS
* A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background
* The ability to demonstrate sufficient understanding and application of advanced actuarial principles
* 6+ years of property & casualty experience
* Advanced Microsoft Office and beginner to intermediate SQL skills
Preferences:
* ACAS Designation with desire to complete FCAS
* Pricing experience with commercial lines of business such as commercial auto
* Familiarity with ISO products, data and methodologies
* Experience with R and Python
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for generous benefits package.
* $116,000 - $155,000
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at ************.
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to our HR Privacy Notice
Benefits and Compensation
We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.
$116k-155k yearly Auto-Apply 51d ago
Actuarial Intern
Chubb 4.3
Philadelphia, PA jobs
As a member of Chubb's Actuarial Team, you will help evaluate business opportunities in a given market by analyzing data to identify the potential profitability and possible pitfalls. Armed with this data, we advise top management on ways to balance the anticipated with the unexpected. Typically, our actuaries base their analysis on the demand the business may create, the price required to deliver a reasonable rate of return, and the potential effect of claims on the company's profitability.
Actuarial Interns are located primarily in Philadelphia, PA and Whitehouse Station, NJ. The program offers college students the opportunity to work in one section of our department during the summer. Interns are exposed to many facets of actuarial work and techniques and are introduced to insurance terminology and concepts. In addition to working closely with their supervisor, they are given an opportunity to network with other members of the Actuarial Department.
We are looking for individuals who possess math and analytical skills, can effectively work as part of a team, are sophisticated communicators, and enjoy coming up with creative solutions to problems. Qualified candidates should be pursuing a degree in Mathematics, Statistics, Economics, Finance, Actuarial Sciences, or a related field.
Undergraduate or Graduate Student in Actuarial Science; Mathematics; Science; Engineering; Economics or Finance with a Mathematics foundation.
Strong GPA, 3.0 or higher required.
At least one actuarial exam passed is preferred.
Strong mathematical skills (including calculus, probability, and statistics)
Working knowledge of Microsoft Office products, specifically Excel and Access
Experience with SQL, R Studio and Python is preferred
Solid analytical and problem-solving skills
Communication and influence skills
Ability to contribute to the attainment of business goals and objectives through teamwork
The pay range for this internship is $23 to $27 per hour. The specific offer will depend on an applicant's skills and other factors. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
$23-27 hourly Auto-Apply 60d+ ago
Actuarial Intern
Capital Blue Cross 4.4
Harrisburg, PA jobs
Position Description Capital Blue Cross' internship program is looking for highly motivated, creative individuals with diverse backgrounds, superior academic credentials and significant personal achievements who are actively enrolled in an undergraduate or advanced degree program, to work in a challenging environment where contribution, teamwork and communication are vital to the success of the organization. Responsibilities and Qualifications
Paid internship positions are available and based out of our corporate office in Harrisburg.
Interns will have the opportunity to participate in a variety of experiences through meaningful work assignments, observation opportunities, and social interactions.
In the spirit of Capital Blue Cross, interns will be given the opportunity to complete a service project with one of our community partners
Interns will participate in ongoing company initiatives and be challenged to translate their classroom learning into fresh perspectives that positively impact our colleagues, members, and the communities we serve.
Interns will have the opportunity to formally present the outcomes of their experience and share their unique perspective to our executive and extended leadership team.
In an effort to provide students with feedback and continued investment in their growth, a variety of Capital team members will provide interns with periodic feedback and professional development programming.
The internship program strives to provide interns with formal and informal opportunities for the interns to network with Capital Blue Cross staff and participate in company-wide learning events.
Position Requirements:
Currently enrolled in an undergraduate or graduate level program in one of the following majors: Accounting, Finance, Healthcare Administration, Business, or a related field of study.
Exposure to basic Microsoft Excel
Preferred GPA of 3.2 or higher (based on a 4.0 scale or equivalent thereof)
Ability to commit full-time to a 13-week program that runs May 19- August 15
Strong written and oral communication skills
Ability to work in a team environment and handle multiple tasks.
Excellent analytical, problem solving and interpersonal skills.
Ability to commit to an onsite or hybrid work schedule.
Location:
This position is classified hybrid, which requires onsite work on Tuesdays and Wednesdays.
The salary range displayed has not been adjusted for geographical location. This range has been created in good faith based on information known to Capital Blue Cross at the time of posting and may be modified in the future. At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it's why our employees consistently vote us one of the “Best Places to Work in PA.”
We recognize that work is a part of life, not separate from it, and foster a flexible environment where your health and wellbeing are prioritized. At Capital you will work alongside a caring team of supportive colleagues, and be encouraged to volunteer in your community. We value your professional and personal growth by investing heavily in training and continuing education, so you have the tools to do your best as you develop your career. And by doing your best, you'll help us live our mission of improving the health and well-being of our members and the communities in which they live.
$76k-109k yearly est. Auto-Apply 40d ago
Actuarial Intern
Capital Blue Cross 4.4
Harrisburg, PA jobs
Position Description Capital Blue Cross' internship program is looking for highly motivated, creative individuals with diverse backgrounds, superior academic credentials and significant personal achievements who are actively enrolled in an undergraduate or advanced degree program, to work in a challenging environment where contribution, teamwork and communication are vital to the success of the organization. Responsibilities and Qualifications
Paid internship positions are available and based out of our corporate office in Harrisburg.
Interns will have the opportunity to participate in a variety of experiences through meaningful work assignments, observation opportunities, and social interactions.
In the spirit of Capital Blue Cross, interns will be given the opportunity to complete a service project with one of our community partners
Interns will participate in ongoing company initiatives and be challenged to translate their classroom learning into fresh perspectives that positively impact our colleagues, members, and the communities we serve.
Interns will have the opportunity to formally present the outcomes of their experience and share their unique perspective to our executive and extended leadership team.
In an effort to provide students with feedback and continued investment in their growth, a variety of Capital team members will provide interns with periodic feedback and professional development programming.
The internship program strives to provide interns with formal and informal opportunities for the interns to network with Capital Blue Cross staff and participate in company-wide learning events.
Position Requirements:
Currently enrolled in an undergraduate or graduate level program in one of the following majors: Accounting, Finance, Healthcare Administration, Business, or a related field of study.
Exposure to basic Microsoft Excel
Preferred GPA of 3.2 or higher (based on a 4.0 scale or equivalent thereof)
Ability to commit full-time to a 13-week program that runs May 19- August 15
Strong written and oral communication skills
Ability to work in a team environment and handle multiple tasks.
Excellent analytical, problem solving and interpersonal skills.
Ability to commit to an onsite or hybrid work schedule.
Location:
This position is classified hybrid, which requires onsite work on Tuesdays and Wednesdays.
The salary range displayed has not been adjusted for geographical location. This range has been created in good faith based on information known to Capital Blue Cross at the time of posting and may be modified in the future. At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it's why our employees consistently vote us one of the “Best Places to Work in PA.”
We recognize that work is a part of life, not separate from it, and foster a flexible environment where your health and wellbeing are prioritized. At Capital you will work alongside a caring team of supportive colleagues, and be encouraged to volunteer in your community. We value your professional and personal growth by investing heavily in training and continuing education, so you have the tools to do your best as you develop your career. And by doing your best, you'll help us live our mission of improving the health and well-being of our members and the communities in which they live.
$76k-109k yearly est. Auto-Apply 28d ago
Actuarial Assistant
Resolution Life Group 4.0
West Chester, PA jobs
As part of the application process, a candidate account is required to log in and view application(s). Please be sure to check email regularly for information regarding our employment process.
This role on the Actuarial Modeling Team will be responsible for building and modeling the business for specific purposes including planning, cash flow testing, risk metrics, GAAP reporting and reinsurance. The individual will learn how each product group contributes to the overall profitability of the total business. This is the entry level point for exam-taking students.
Profile Description:
Asset-Liability Prophet modeling for annual Asset Adequacy Testing (i.e. Cash Flow Testing, C3P1/2, AG-38, etc.)
Understanding the interactions between Life insurance liabilities and the assets backing reserves
Provide support to the actuarial modelling team in building models
Create inputs and run models and summarize, analyze and validate model output results
Assist in preparation of Change Management Memos (CMMs) for various model and assumption changes
Support preparation of deliverables for internal and external auditors
Communicate effectively with manager and other team members, and successfully collaborate with other departments and partners to achieve objectives
Participate in the Actuarial Student Rotation Program
Knowledge & Experience:
Bachelor's degree in Actuarial Science, Mathematics, Finance or other related field
1-3 actuarial exams
1-5 years of actuarial experience; Prophet experience preferred
Solid oral and written communication and problem-solving skills
Good time-management skills; ability to manage competing priorities and deadlines
Preferred experience with Excel, Word and database software and/or programming experience
Basic knowledge of insurance products and insurance company operations
Preferred actuarialinternship(s) or one in a related field
Location: West Chester, PA (Hybrid - 2-3 days per week in the office)
Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (
all benefits are subject to eligibility requirements
). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location.
· West Chester, PA - $91,400 $111,700
Critical Skills
At Resolution Life, we have identified the following critical skills which are key to success in our culture:
Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
$91.4k-111.7k yearly Auto-Apply 13d ago
Senior Actuarial Associate
Resolution Life Group 4.0
West Chester, PA jobs
As part of the application process, a candidate account is required to log in and view application(s). Please be sure to check email regularly for information regarding our employment process.
We are looking for a highly skilled and motivated aspiring Actuary to join our dynamic risk team. The Senior Actuarial Associate will support the identification, management and mitigation of risks associated with the use and business dependency of models across the Company. The Senior Actuarial Associate will advance the Company's model risk management framework through sound change management, governance, validation, documentation, inventory oversight, adoption of best practices to ensure compliance with not only internal policies and standards, but also regulatory standards.
Profile Responsibilities:
Partner with key stakeholders from the actuarial, finance, tax, treasury, growth and investment areas to foster a model risk aware culture across the company
Develop the infrastructure that properly enables execution of the model risk framework including templates, one-pagers, educational sessions, and process enhancements
Promptly support requests from internal and external auditors
Ensure model documentation from model owners is current and compliant with internal and regulatory standards
Ensure completion and adequacy of model validations in accordance with the models' risk ratings
Support secretarial duties of the model subcommittee
Survey the business for new models or significant model changes and integrate within the framework as appropriate
Challenge models on their accuracy, reliability, and performance through model validation
Develop challenger models or benchmarks where appropriate to test material assumptions and outputs
Demonstrate and support Company compliance with regulatory standards
Strengthen consistency in model-related processes throughout the company by collaborating with those supporting the Bermuda and UK operations, respectively.
Leverage the Company's Governance, Risk and Compliance (“GRC”) tool capabilities for controls, findings, remediation plans and inventory purposes working closely with model owners and members of the operational risk management team
Support current and new model owners to foster awareness of the key requirements of the model risk framework including risk rating, inventory update, change management, documentation and model validation
Actively manage a model inventory that comprehensively and accurately reflects the company's models and current risk profile
Maintain model risk policy and supporting standards ensuring compliance and attesting to model risk management at the Company
Monitor emerging trends and regulatory changes
This role is expected to apply best practice standards to the Model Risk Framework, including identification, documentation, validation, and governance of Models.
Knowledge, Experience and Critical Skills:
Bachelor's degree in a quantitative field (e.g., Actuarial Science, Mathematics, Statistics, Finance, or Engineering)
A minimum 3+ years of actuarial experience, ideally Life Insurance sector
Experience running and validating models
Familiarity with model life cycle management
Proficient knowledge of model risk frameworks and regulatory guidelines is a plus.
A minimum Actuarial Credential of an Associateship of the Society of Actuaries (ASA)
Superior oral and written communication skills
Excellent time management skills to prioritize timelines
Strong excel skills and solid technical experience
Has thorough understanding of insurance products and processes, reserves, assets, liabilities, and financial statements, preferred
Strong organizational skills, detail-oriented and able to work independently
Ability to work collaboratively and effectively
Advanced problem-solving skills and attention to detail
Willingness to learn and able to work effectively as part of a team
Why join us
Strengthen model governance and capital credibility under international regulatory regimes.
Gain exposure across product lines and risk types, with access to senior leadership.
Competitive benefits, professional growth, and exam support.
Location: West Chester, PA preferred (generally 2 days/week in the office, may be more)
Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (
all benefits are subject to eligibility requirements
). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location.
West Chester, PA base salary range: $114,700 - $140,200
Critical Skills
At Resolution Life, we have identified the following critical skills which are key to success in our culture:
Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
$114.7k-140.2k yearly Auto-Apply 1d ago
Associate Actuary -UL IFRS Valuation Lead
Aegon 4.4
Philadelphia, PA jobs
Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.
We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Summary
Directs and provides leadership in the design, pricing, and implementation of insurance products. Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.
Transamerica Life seeks a self-driven actuary for a highly visible valuation & financial reporting role. The successful candidate will be tasked with overseeing a small team of actuaries, working together to produce timely and accurate IFRS results for the entire UL block of business; and, then, to effectively communicate those results to both actuarial and non-technical audiences, including C-Suite management. Products embedded in the candidate's purview include some of the company's most highly-visible Financial Assets; consequently, this role comes with unique opportunities and gives exposure that most roles do not.
Responsibilities:
Understand non-routine transactions related to UL:
* ULSG, COI Rate Increases, policyholder behavior and mortality trends.
* Reinsurance - Mortality (3rd Party YRT and Coinsurance) and Financial (Captives), IFRS RLRC.
* Support capital initiatives such as purchases of STOLI policies (ReSTOLI).
* Adapt model functionality and output to answer a changing landscapes of questions and concerns.
For this highly sought position the successful candidate must possess rare, but specific, skillsets:
* Ability to work autonomously under defined timelines.
* Capable of prioritizing varied unrelated tasks.
* Efficiently oversee as well as professionally develop a small team of actuaries.
* Be(come) a proficient modeler (GGY AXIS proficiency preferred).
* Effective communicator (oral & written) - (Specific prior examples may be requested.)
* Demonstrated history of analyzing and analytically interpretating large data sets - (Specific prior examples may be requested).
* Exemplifies highest professional integrity and standards.
Professional Qualifications:
* Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience.
* FSA or equivalent professional designation. In lieu of FSA will accept ASA or equivalent professional designation and 8 years of relevant experience.
* Demonstrates high quality leadership, judgment, organization and prioritization skills.
* Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
* Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
* Advanced computer skills.
Preferred Qualifications:
* GGY AXIS and Power BI experience.
* SQL, VBA, Python, and/or Alteryx programming.
* Strong communication skills, both verbal and written.
Working Conditions:
* Hybrid office Environment
* Occasional Travel
#LI-BD1
The Salary for this position generally ranges between $125,000 - $165,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
This is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
* Competitive Pay
* Bonus for Eligible Employees
Benefits Package
* Pension Plan
* 401k Match
* Employee Stock Purchase Plan
* Tuition Reimbursement
* Disability Insurance
* Medical Insurance
* Dental Insurance
* Vision Insurance
* Employee Discounts
* Career Training & Development Opportunities
Health and Work/Life Balance Benefits
* Paid Time Off starting at 160 hours annually for employees in their first year of service.
* Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
* Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
* Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
* Adoption Assistance
* Employee Assistance Program
* College Coach Program
* Back-Up Care Program
* PTO for Volunteer Hours
* Employee Matching Gifts Program
* Employee Resource Groups
* Inclusion and Diversity Programs
* Employee Recognition Program
* Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica's Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
* As of December 31, 2023
$125k-165k yearly Auto-Apply 59d ago
Actuarial Analyst Intern
Unitedhealth Group 4.6
Cypress, CA jobs
**Internships at UnitedHealth Group.** If you want an intern experience that will dramatically shape your career, consider a company that's dramatically shaping our entire health care system. UnitedHealth Group internship opportunities will provide a hands-on view of a rapidly evolving, incredibly challenging marketplace of ideas, products and services. You'll work side by side with some of the smartest people in the business on assignments that matter. So here we are. You have a lot to learn. We have a lot to do. It's the perfect storm. Join us to start **Caring. Connecting. Growing together.**
Actuaries are the decision-making engine for our business. That is why we support you from day one by offering guidance and assistance with exams. Our businesses serve the entire spectrum of health care participants: individual consumers and employers, commercial payers and intermediaries, physicians, hospitals, pharmaceutical and medical device manufacturers, and more, providing you with a career that is challenging, exciting, and integral in helping to write the history of healthcare.
**This position will be supporting UnitedHealthcare's Employer & Individual (E&I) line of business and be located on-site in Cypress, CA with a hybrid work arrangement model of four days in office and one day remote.**
Actuaries are the decision-making engine for our business. That is why we support you from day one by offering guidance and assistance with exams. Our businesses serve the entire spectrum of health care participants: individual consumers and employers, commercial payers and intermediaries, physicians, hospitals, pharmaceutical and medical device manufacturers, and more, providing you with a career that is challenging, exciting, and integral in helping to write the history of healthcare.
**The Actuarial Summer Internship Program offers:**
+ Focused career development opportunities
+ Networking with senior leadership
+ Formal mentorship program
+ Sponsored social and volunteer activities
+ Meaningful, relevant, and current project work critical to managing our business
+ Potential areas of focus may include but are not limited to:
+ Healthcare Economics
+ Pricing
+ Reserving
+ Forecasting
+ Data Analytics
+ Consulting
**Primary Responsibilities:**
+ Providing moderately complex analytical support to actuaries in the development and implementation of recommendations
+ Conducting and documenting moderately complex analysis and research
+ Preparing, forecasting, and analyzing trends
+ Initiating, compiling and preparing analytical models, tools and databases
+ Assisting in developing innovative strategies, policies, and procedures
+ Providing detailed summaries, reports, and recommendations to assist in managerial decision making
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
**Required Qualification:**
+ Must be actively enrolled in an accredited college/university pursuing a bachelor's or master's degree throughout the duration of the internship - _internships are not intended for graduating seniors_
+ Pursuing a major in Actuarial Science, Mathematics, Statistics, Accounting, Finance, Economics, or another related technical field
**Preferred Qualifications:**
+ Minimum 3.00 cumulative GPA
+ 1 or more actuarial exams passed
+ Demonstrated knowledge or interest in a career as an Actuary
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The hourly pay for this role will range from $27.00 to $37.00 per hour based on full-time employment. We comply with all minimum wage laws as applicable.
_At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission._
_UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations._
_UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment._