Senior Actuarial Analyst

Coverys, Inc.

$105K — $123K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field
  • 3 years of actuarial experience and/or training
  • Minimum of 4 completed actuarial exams with passing scores
  • Strong ability to interpret and analyze different data types
  • Proficient in writing reports and correspondence
  • Effective presentation skills for diverse audiences
  • Proficient in Microsoft Office, particularly Excel, and familiar with data tools like Tableau, R, SAS, Python, or SQL.

Responsibilities

  • Independently prepare and ensure accuracy of premium, claim, and exposure data for analysis
  • Conduct actuarial analyses using advanced techniques with minimal supervision
  • Perform quality checks on data and methodology, ensuring accurate results
  • Develop and update actuarial tools for enhanced analysis
  • Document and communicate assumptions and results to clients in clear terms
  • Commit to professional growth by making progress towards actuarial accreditation.

Benefits

  • Professional development opportunities to achieve actuarial accreditation
  • Collaboration with both internal and external clients
  • Exposure to advanced actuarial techniques and tools
  • Opportunity to develop and implement analytical tools
  • Engagement in a supportive learning environment.
Full Job Description

Position Summary

The Senior Actuarial Analyst will apply actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers.

Essential Duties & Responsibilities

• Data Preparation: Independently prepare premium, claim, and exposure data for actuarial analysis, ensuring accuracy and completeness. Identify data issues and collaborate with external customers to resolve them efficiently.

• Actuarial Analysis: Perform actuarial analyses with minimal supervision, applying advanced techniques to derive insights.

• Quality Assurance: Conduct reasonability checks and diagnose data or methodology issues, ensuring the integrity of actuarial results.

• Tool Development: Develop and update actuarial tools to enhance analytical capabilities.

• Communication: Document and communicate assumptions and results to internal and external clients, translating complex actuarial concepts into understandable terms.

• Professional Development: Achieve progress toward actuarial accreditation through successful completion of actuarial exams, demonstrating commitment to professional growth.

Education, Experience, Competencies & Values

  • Bachelor's degree required; 3 years of related experience and/or training required.

  • Minimum of 4 completed actuarial exams or modules with passing scores.

  • Ability to interpret and analyze various types of data.

  • Ability to write reports and correspondence.

  • Ability to present analytical analyses and concepts to diverse groups.

  • Microsoft Office proficiency required to analyze and present actuarial information (Word, Access, PowerPoint, etc.) Advanced knowledge of Microsoft Excel.

  • Working knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL, which includes data extraction and manipulation.

Base salary range is $105,000 - $123,500. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

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