Associate Actuary
Posted 13hrs ago
Employment Information
Report this job
Job expired or something wrong with this job?
Job Description
Associate Actuary developing reserves, rates, forecasts, and reinsurance analyses for SAIF, Oregon’s workers’ compensation insurer. Advising executives, regulators, and business partners through actuarial analytics.
Responsibilities:
- Assist in identifying and solving complex problems affecting business management and direction
- Develop loss and loss adjustment expense reserves
- Prepare inputs for annual and quarterly financial statements and related filings
- Participate in regulatory audits
- Develop and file rate recommendations
- Maintain pricing and rate adequacy monitoring tools
- Conduct trend and market analysis research
- Support Underwriting on individual account pricing and technical underwriting guidelines
- Maintain financial forecasts, dividend models, capital models, and surplus analyses
- Complete supporting documentation and communications, including the Own Risk Solvency Assessment (ORSA)
- Support and monitor SAIF’s reinsurance program, including claim reporting, commutations, and financial reporting
- Manage the NCCI financial data call process and explain SAIF’s data
- Conduct research and analysis to inform strategic priorities
- Advise management on actuarial analysis methods and applications
- Design and execute data analysis for internal and external customers
- Monitor external information affecting operations and strategy, including business conditions, competitors, demographics, legal and regulatory changes, and medical costs and practices
- Stay current on casualty actuarial trends and innovations
- Collaborate with Data & Analytics to monitor data integrity and inform decisions
- Coach staff in standard actuarial procedures and provide peer review
- Mentor and coach staff and identify training needs
- Provide feedback to division leadership for performance management
- Work effectively across diverse perspectives, backgrounds, and work styles
Requirements:
- Five or more years of actuarial experience
- At least one year of workers’ compensation experience
- Bachelor’s degree in actuarial science, mathematics, economics, finance, or a related field
- Membership in the Casualty Actuarial Society
- Continued progress towards or maintenance of membership in the Casualty Actuarial Society in accordance with SAIF’s guidelines
- Actuarial experience and an ACAS credential
- Other combinations of skills and experience may be considered
- Ability to collaborate with actuaries, analysts, business partners, executives, regulators, auditors, reinsurers, brokers, and other stakeholders
- Resume and cover letter required
- Remote candidates must be located where SAIF is permitted to hire; some locations are restricted
Benefits:
- Health care
- Retirement savings plans
- Paid time off
- Preference for qualifying and disabled veterans
- Remote work option
- Potential travel to SAIF offices around two times annually

















