Senior Actuarial Analyst

Central Mutual Insurance Company

• $102K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Mathematics, Actuarial Science, Statistics, Analytics, or related field with 2 years of actuarial or insurance pricing experience
  • Alternatively, 4 years of experience in an actuarial position or insurance pricing
  • Proficiency in programming languages such as Python, SQL, R, SAS, and VBA is preferred
  • Completion of 4+ actuarial exams is preferred

Responsibilities

  • Complete pricing and rate analysis as assigned
  • Conduct peer reviews and review Analyst work for quality assurance
  • Prepare actuarial portions of rate filings and respond to insurance department inquiries
  • Execute special projects as requested by the business
  • Modify and write code to manipulate and query data with minimal supervision
  • Assist in training others on pricing and rate analysis tasks
  • Support continuous improvement efforts to minimize errors in regular processes

Benefits

  • Extensive health and wellness benefits
  • Promotes flexibility and work-life balance
  • Generous paid leave
  • Long-term financial security support
  • Comprehensive total rewards package for financial, health, career, and retirement objectives
Full Job Description


About the Role

We are a team of employees who are passionate to deliver best in-class customer service and innovation in the industry. It's because we put Integrity, Relationships and Excellence in all aspects of our work.

Our employees have the opportunity to fully utilize their talents and bring their best self. We believe that who you are is just as important as what you do!

If you are a problem-solver with a service first mentality and a passion for helping people, come join our team!

As a Senior Actuarial Analyst in Pricing, you will be instrumental complete pricing and rate analysis and completing peer reviews, while leveraging data-driven approaches.

What we are looking for
  • Bachelor's degree in Mathematics, Actuarial science, Statistics, Analytics or related field and 2 years of experience in an actuarial position or insurance pricing
  • Or 4 years of experience in in an actuarial position or insurance pricing
  • Strong skills with programming languages such as Python, SQL, R, SAS and VBA- preferred
  • 4+ Actuarial Exams Passed- preferred


What you'll do
  • Complete pricing and rate analysis as assigned
  • Complete peer review as well as review of Analyst work to ensure quality of work products
  • Prepare actuarial portions of rate filings including assisting with responses to questions raised by the various insurance departments
  • Prepare special projects as requested by the business
  • Modify and write code to manipulate and query data with minimal supervision
  • Assist with training others on pricing and rate analysis tasks
  • Assist in the preparation of rate level indications
  • Assist in the preparation of analyses of statistical experience
  • Assist with monitoring Actuarial Department communications for opportunities to collaborate and drive consistency in actuarial work products
  • Support continuous improvement efforts of regular reoccurring processes within the department to minimize errors


Hiring Range

$102,000-$140,000 represents typical starting salaries and is a portion of the full pay range for the role.

Starting pay is determined based on several factors, including relevant experience, education, skills, and certifications. The full pay range is broader and is designed to provide employees with meaningful opportunities for salary growth as they develop their skills, increase proficiency, and advance in the role.

Total Rewards

Central establishes base pay based on several factors including labor market data and an evaluation of candidate qualifications relative to role requirements. Base pay is one component of a comprehensive total rewards package designed to support employees' financial, health, career, and retirement objectives.

Central provides extensive health and wellness benefits to promote flexibility, work-life balance, generous paid leave, and long-term financial security.

For more information, see Central Insurance Benefits.

Work Authorization
Central will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT), H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Similar Jobs

More Jobs at Central Mutual Insurance Company

More Finance & Insurance Jobs

Find similar Senior Actuarial Analyst jobs: