Actuarial Analyst
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Job Description
Actuarial Analyst role focusing on pricing strategy and regulatory initiatives for a major insurer. Collaborating closely with business stakeholders and actuarial leadership in a dynamic environment.
Responsibilities:
- Develop and prepare actuarial analyses related to rates and rating plans for assigned lines of insurance
- Evaluate pricing adequacy and prepare recommendations regarding rate and rating plan changes
- Support the preparation of regulatory filings, exhibits, and actuarial documentation
- Assist with follow-up activities related to regulatory reviews, challenges, or approval processes
- Perform IBNR (Incurred But Not Reported) reserve calculations and other reserving analyses
- Conduct quantitative modeling and statistical analysis to support business and actuarial decision-making
- Analyze operational and financial trends to identify risks, opportunities, and performance insights
- Partner with cross-functional teams to support actuarial projects and business initiatives
- Prepare reports, summaries, and presentations for internal stakeholders and leadership
- Contribute to process improvements and analytical efficiencies within the actuarial function
- Support special actuarial projects and ad hoc analyses as needed
- Assist in mentoring and supporting junior actuarial team members when applicable
Requirements:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Quantitative Finance, or related quantitative field
- 2+ year of experience as an Actuarial Assistant or in an actuarial/insurance analytics role
- Strong knowledge of actuarial analysis, insurance pricing, and reserving concepts
- Experience with rate analysis, rating plans, and regulatory filings
- Advanced Microsoft Excel skills, including modeling and complex formulas
- Intermediate SQL skills for data extraction and analysis preferred
- Strong analytical, problem-solving, and communication skills
Benefits:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career development and training opportunities
- Flexible work arrangements (remote and/or office-based)
- Dynamic and inclusive work culture within a globally renowned group
- Private Health Insurance
- Pension Plan
- Paid Time Off
- Training & Development
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