Actuary Analyst

Purple Drive Technologies

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

Qualifications

  • 5+ years of actuarial experience, particularly in property and casualty (P&C) insurance
  • Proficiency in complex actuarial models and methodologies
  • Strong analytical skills with a focus on data quality and trend analysis
  • Ability to translate business problems into technical requirements
  • Familiarity with regulatory compliance and state filing processes

Responsibilities

  • Analyze assigned state requirements and complete state filing processes
  • Develop and revise rates based on trend analysis results
  • Prepare and document necessary filings for the Department of Insurance (DOI)
  • Independently manage unstructured actuarial projects using technical methodologies
  • Interpret model results and communicate findings to stakeholders
  • Identify and mitigate risks in business activities according to compliance policies

Benefits

  • Collaborative work environment with access to experienced professionals
  • Opportunities for professional development and continued education
  • Involvement in impactful projects that shape business strategy
  • Support for maintaining a strong control environment
  • Exposure to diverse actuarial problems and industry trends
Full Job Description
ROLE: Actuary Analyst

Description:

" Understand and analyze the assigned state and responsible for completing state filing process including but not limited to developing rates, trend analysis, revise rates, prepare documentation to DOI, get the sign off from Lead Actuary and coordinate and respond for any DOI objections.
• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects
• Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs required models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an Director of respective Line of Business.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Apply understanding of products supported, stakeholders' needs, and industry trends to solve unstructured business problems.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures."

Actuary P&C Domain

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