Actuarial Analyst

Clarus

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree in a quantitative field or equivalent work experience
  • 2 years of relevant actuarial experience
  • Must have passed two or more actuarial exams

Responsibilities

  • Conduct and interpret actuarial analysis and valuations
  • Assist with rate filing documents across states
  • Research rate filings as required
  • Update and maintain existing analytical models
  • Prepare reserving, forecasting, and pricing analysis reports
  • Generate ad hoc reports as needed
  • Perform database tasks as required

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Basic life insurance at no charge
  • Company-paid short-term and long-term disability
  • 12 weeks of paid parental leave
  • Health Savings Account (HSA)
  • Retirement savings plan
  • Paid time off for volunteering
  • Pet-friendly office environment
  • On-the-job training and skills development
  • Employee Assistance Program (EAP)
Full Job Description

Job Summary:

Independence American Insurance Company (IAIC) is seeking an Actuarial Analyst who will analyze and evaluate the likelihood of future events to reduce and manage future financial risks.

Job Location: Hybrid

Main Responsibilities:

  • Completes and interprets actuarial analysis, valuations, cost estimates, and modeling using mathematics, statistical programming, and financial theory.

  • Assists with the completion of rate filing documents for all states.

  • Researches rate filings, as needed.

  • Maintains and updates existing models, tools, and other files used for analysis.

  • May prepare reserving, forecasting, rate filings, pricing analysis, and experience reports for review.

  • Completes ad hoc reporting, as necessary.

  • Completes appropriate database work, as necessary.

  • Performs other duties and responsibilities as assigned.

Qualifications:

  • Bachelor’s Degree in Math, Finance, Actuarial Science, Economics, Accounting, Computer Information Systems, other quantitative field, or equivalent work experience (One-year relevant experience is equivalent to one-year college)

  • 2 years’ relevant experience

  • Licenses/Certifications: Must have passed Two+ Actuarial Exams

#carrier

#li

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

  • Comprehensive full medical, dental and vision Insurance

  • Basic Life Insurance at no cost to the employee

  • Company paid short-term and long-term disability

  • 12 weeks of 100% paid Parental Leave

  • Health Savings Account (HSA)

  • Flexible Spending Accounts (FSA)

  • Retirement savings plan

  • Personal Paid Time Off

  • Paid holidays and company-wide Wellness Day off

  • Paid time off to volunteer at nonprofit organizations

  • Pet friendly office environment

  • Commuter Benefits

  • Group Pet Insurance

  • On the job training and skills development

  • Employee Assistance Program (EAP)

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