Actuarial Analyst IV, Pricing Design

Posted 5ds ago

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Job Description

Actuarial analyst developing personal-lines insurance pricing and loss-reserving models for CSAA Insurance Group. Supporting regulatory filings, product monitoring, competitive analysis, and pricing strategy.

Responsibilities:

  • Research and develop new methods for insurance rating and loss reserving
  • Prepare and coordinate analyses of rate and statistical filings for submission to regulatory and insurance agencies
  • Ensure compliance with applicable regulatory and insurance requirements
  • Serve as project leader for relatively complex projects and studies
  • Use GLM and other statistical techniques to build, maintain, and enhance auto and homeowners rating algorithms
  • Evaluate and estimate model-related impacts and demonstrate expected model results
  • Implement end-to-end formal modeling processes, including data gathering, profiling, numerical model building, calibration, and validation
  • Provide filing support, product performance monitoring, and ad hoc business insights with Pricing and Product Management
  • Recommend and assist with implementation of rating structures and pricing strategies
  • Update and maintain loss cost modeling datasets
  • Analyze industry developments, trends, and the market landscape
  • Perform competitive analysis and understand competitors' products
  • Support development of new products
  • Review peers' work and provide training to junior analysts
  • Develop and analyze data related to complex actuarial functions
  • Evaluate analytical work performed by others and make decisions and recommendations
  • Develop new methodologies for insurance rating and loss reserving

Requirements:

  • BA/BS in statistics, mathematics, actuarial science, or a related area and 5 years of post-bachelor experience performing statistical and actuarial analysis on personal lines insurance, or a graduate degree in a related area and 3 years of such experience
  • At least 5 years of experience performing statistical and actuarial analysis on personal lines pricing insurance
  • Completion of 5 or more actuarial exams
  • Proficiency in statistical analysis and programming languages such as SQL, R, Python, Emblem, and Radar
  • Strong analytical and communication skills
  • Expert-level problem-solving and critical-thinking skills
  • Proven oral and written communication skills, including ability to give formal presentations
  • Proven team leadership ability
  • Basic computer software programming skills
  • Ability to work effectively in a team environment
  • Pattern-recognition and logic-based thinking skills
  • Solid understanding of the market landscape
  • In-depth actuarial industry knowledge and knowledge of the insurance marketplace
  • Ability to travel as needed for divisional/team meetings and other in-person meetings
  • Must be authorized to work indefinitely in the United States
  • Must not require immigration support now or in the future, including H-1B, TN, or STEM OPT Training Plans

Benefits:

  • Annual bonus eligibility for most roles
  • 401(k) with a company match
  • Career growth and development opportunities
  • Mentoring and leadership programs
  • Tuition support
  • Hands-on development experiences
  • Flexible Workplace / remote-first culture
  • Flexibility to work primarily from home and from various locations including CSAA offices
  • Employee resource groups
  • Volunteering opportunities
  • Company-wide annual discretionary bonus through the Annual Incentive Plan (AIP), up to 10% of eligible pay
  • Reasonable accommodations for qualified applicants and employees with disabilities or other limitations