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Actuarial Analyst - Property and Casualty

Actuarial Analyst - Property and Casualty

New
M
MillimanP&C insurance
This is a remote position, based in the United States.Full-TimeEntry
SalaryThe overall salary range for this role is $60,300 - $136,160. For candidates residing in Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia, the range is: $69,345 - $121,555 if overall experience is less than 2 years; and $77,740 - $136,160 if overall experience is greater than 2 years but less than 4 years. All other states, the range is: $60,300 - $105,700 if overall experience is less than 2 years; and $67,600 - $118,400 if overall experience is greater than 2 years but less than 4 years.
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Job Details

Experience
Between one and four years of professional actuarial experience, which can include internship experience.
Required Skills
SQLProduct DevelopmentMicrosoft ExcelR

Requirements

  • Have completed a bachelor’s degree by the time of application in actuarial science, mathematics, data science, statistics, or another quantitative major.
  • Have passed at least two actuarial exams by the time of application.
  • Have between one and four years of professional actuarial experience; internship experience may count.
  • Bring experience supporting commercial lines pricing and product development, ideally including rate indications, rating plan development, loss cost multiplier estimation, experience rating studies, or competitor filing reviews.
  • Have familiarity with ISO loss costs, rating plans, increased limit factors, size-of-risk curves, and other commercial lines pricing concepts.
  • Have strong technical skills in Excel.
  • Have experience managing data and automating complex data manipulation using R, SQL, SAS, or another programming language; R is preferred.
  • Be available to start within 2–4 weeks of offer acceptance.
  • Prior P&C reserving experience and predictive modeling experience or interest are welcome.

Responsibilities

  • Review, reconcile, manipulate, and analyze client data; check it for errors, consistency, and accuracy.
  • Use R, SQL, or other programming languages to manage data and automate complex data manipulation tasks.
  • Develop, modify, and use actuarial models.
  • Support commercial lines pricing and product development, including rate indications, rating plan development, loss cost multiplier estimation, experience rating studies, and competitor filing reviews.
  • Present findings to peers, project managers, and client relationship managers.
  • Draft written reports and exhibits, and prepare internal and external correspondence.
  • Review your own and peers’ work for accuracy.
  • Conduct research projects and assist with other duties assigned by actuaries and principals.
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The overall salary range for this role is $60,300 - $136,160. For candidates residing in Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia, the range is: $69,345 - $121,555 if overall experience is less than 2 years; and $77,740 - $136,160 if overall experience is greater than 2 years but less than 4 years. All other states, the range is: $60,300 - $105,700 if overall experience is less than 2 years; and $67,600 - $118,400 if overall experience is greater than 2 years but less than 4 years.
Apply Now