Associate Actuary - Analytics

FMNE Insurance Company

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

Qualifications

  • Bachelor's degree in actuarial science, mathematics, statistics, or similar field.
  • Associate of the Casualty Actuarial Society (ACAS) required.
  • Minimum of four years of experience in the actuarial field preferred.
  • Experience with Property & Casualty (P&C) pricing and reserving is a plus.
  • Proficiency in Microsoft Office with advanced Excel skills.
  • Advanced programming skills in VBA, Python, R, SQL or similar languages.
  • Experience handling large datasets and performing data manipulation.

Responsibilities

  • Adhere to company mission and core values in all work performed.
  • Ensure data quality through validation, troubleshooting, and process improvement.
  • Develop and maintain actuarial datasets and propose enhancements.
  • Independently conduct actuarial analyses to solve business challenges.
  • Create, validate, and maintain actuarial systems, models, and procedures.
  • Develop analytical models and tools for various functional areas.
  • Collaborate with business units to provide support for analytical projects.

Benefits

  • Comprehensive health benefits including medical, dental, and vision care.
  • Retirement savings plan with company matching contributions.
  • Opportunity for professional development and training.
  • Paid time off and flexible working arrangements.
  • Potential for career advancement within the company.
Full Job Description
Associate Actuary - Analytics


An Associate Actuary is responsible for, but not limited to, design, development, and application of methods and procedures to collect, analyze, and interpret statistical data relating to product pricing and design, and loss reserving analysis.

Responsibilities of an Associate Actuary - Analytics

  • Demonstrates the Company's mission, while successfully performing its core values related to integrity, service, excellence, stability, strength, respect, and teamwork.
  • Ensure data quality for analyses by validating input data, troubleshooting discrepancies, and identifying improvements.
  • Develop and maintain actuarial datasets, recommend enhancements for data processes to improve accuracy and usability.
  • Independently perform actuarial and analytical analyses to solve business problems.
  • Develop, maintain and validate actuarial systems, models, data, reporting and procedures to ensure that these are aligned with business needs and fit for purpose.
  • Create new models and analytical tools to assist other functional areas of the Company.
  • Collaborate with other business units to provide analytical support for ad hoc projects and initiatives, applying actuarial techniques to address emerging business questions and contribute to strategic decision-making.
  • Maintain awareness of current and emerging statistical methods and technologies related to predictive analytics.
  • Analyze and interpret data, draw business inferences, and clearly articulate findings for target audiences.
  • Develop and improve existing actuarial tools, methods, and procedures.
  • Support the development and training of peers in the Actuarial department.
  • Regular and timely attendance in the office is an essential function of the position.


Skills and Qualifications of an Associate Actuary - Analytics

  • Bachelor's degree in actuarial science, mathematics, statistics, or a related field required.
  • Associate of the Casualty Actuarial Society (ACAS) required.
  • A minimum of four years' experience within the actuarial field or related area is preferred.
  • Experience with P&C pricing and reserving is preferred.
  • Proficient in Microsoft Office programs, with advanced skills in Excel.
  • Advanced programming skills in languages such as VBA, Python, R, SQL, etc.
  • Experience with extracting and manipulating large datasets.
  • Strong quantitative and analytical abilities.
  • Excellent written and verbal communication skills.
  • Self-motivated, detail-oriented, and capable of working independently and collaboratively.


Similar Jobs

More Jobs at FMNE Insurance Company

More Finance & Insurance Jobs

Find similar Associate Actuary - Analytics jobs: