Actuarial Analyst

Arch Global Services (Philippines) Inc.; Cebu City; On-site; PHP 600,000 - 900,000; Full time

Benefits offered by this job

Competitive pay

Comprehensive benefits package

Access to professional development programs

Job summary

A leading actuarial services provider in Cebu City is seeking an actuarial analyst to perform data analysis, model complex problems, and support the US Actuarial team. The ideal candidate will have a Bachelor's degree in a quantitative field and 2 to 5 years of actuarial experience. This role offers competitive pay and opportunities for professional growth.

Qualifications

• 2 to 5 years of casualty actuarial work experience.
• 2 to 4 casualty actuarial exams.
• Understanding of insurance and actuarial concepts.

Responsibilities

• Conduct large account pricing in collaboration with underwriters.
• Build new middle market casualty business.
• Model and enhance processes for data analysis.

Skills

Curiosity

Attention to detail

Knowledge of SQL

Knowledge of Python

Knowledge of VBA

Strong analytical skills

Strong Excel skills

Strong communication skills

Time management

Leadership attributes

Education

Bachelor's degree in quantitative discipline

Job description

Overview

The actuarial analyst is responsible for collection, organization, interpretation, analysis, scrubbing, documentation and dissemination of complex data sets. The candidate will be responsible for modeling complex problems, reconciling data sets, analyzing trends and summarizing data for review and analysis. The candidate will provide analysis, will process and compile data for reporting and analysis through creating queries, views and reports. The candidate will provide support and be part of the US Actuarial team.

Responsibilities

• Large account pricing, in partnership with underwriters, working large customized deals for construction, energy, public entities and healthcare customers.
• Build our new middle market casualty business, being designed from the bottom up.
• Lead research efforts to advance our sophistication and pricing edge as part of the large account casualty team, which also supports National Accounts Casualty, Alternative Markets (group captives), Defense Base Act, and Specialty Middle Market Solutions units.
• Model and process enhancements
• Parameter Studies
• Price Monitoring
• Benchmark Reporting
• Collateral analysis for captive accounts
• Ad-Hoc requests
• Ability to perform independently and meet deadlines, with some guidance from supervisor
• Adhoc pricing analysis

Mandatory Skills

• Curiosity, motivation, and ability to self-teach
• Hard-working, detail-oriented person who takes pride in owning their work and is committed to quality of thought and accuracy.
• Knowledge of computer programming languages, such as SQL, Python, and VBA is required.
• Understanding of insurance and actuarial concepts and methodologies
• Strong analytical, database, and Excel skills
• Strong prioritization and time management skills
• Strong written, oral and interpersonal communication skills
• Strong team player with leadership attributes
• Hours will be 9am-6pm EST with option to switch to earlier shift after one year
• Bachelors degree with a concentration in a quantitative discipline such as actuarial science, statistics, computer science, mathematics, economics, or operations research
• 2 to 5 years of casualty actuarial work experience
• 2 to 4 casualty actuarial exams

Arch Global Services offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company. We also have a little fun along the way, check out our Holiday Party.