Actuarial Analyst

Frank Winston Crum Insurance; Clearwater (FL); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health Insurance

Dental and Vision Insurance

401(k) Retirement Plan

Paid time off

Education Benefit Program

Job summary

FrankCrum seeks an Actuarial Analyst to apply advanced actuarial methods to pricing, profitability analysis, and strategic decisions. You will partner across departments to improve pricing strategies, support rate filings, and deliver data-driven insights for profitable growth.

The role requires a bachelor’s in a quantitative field, 3 years of pricing/actuarial experience, and strong Excel, SQL, and Python skills. On-site in Clearwater, FL with competitive benefits.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Computer Science, Actuarial Science, Finance, Economics, or a related field.
• Three (3) years of relevant insurance/analytical/actuarial experience, especially pricing.
• Strong analytical, quantitative, statistical, and problem-solving skills.
• Experience extracting, cleansing, validating, and analyzing large insurance datasets.
• Proficiency in Excel, SQL (Azure EDW), Python, BI tools, and related software.
• Experience with Workers’ Compensation, Commercial General Liability, commercial package, or E&S lines, preferred.
• Experience with GLMs, machine learning, and/or predictive modeling software (such as Akur8), strongly preferred.
• Experience with ratemaking and rate adequacy techniques, strongly preferred.
• Experience leveraging AI and company approved analytical tools to improve modeling accuracy, automate workflows, increase operational efficiency, and enhance decision-making.

Responsibilities

• Analyzes data such as premiums, losses, exposure, and claims experience to identify trends and profitability.
• Develops, maintains, and enhances pricing models and analyses to support growth and pricing adequacy.
• Collaborates with departments to implement predictive and pricing models using actuarial, statistical, and data science techniques.
• Collaborates with Product Department and external actuarial consulting on rate filings and pricing initiatives.
• Interprets data to identify opportunities and rising risks affecting underwriting profitability.
• Utilizes actuarial techniques and analytics to evaluate pricing and prepare reports for leadership.
• Prepares studies and recommendations related to pricing, reserving, and product performance.
• Assesses data systems and analytics programs, ensuring integrity while supporting ad hoc requests.
• Runs and documents financial analyses and assists in monthly, quarterly, and annual reporting.
• Participates in workflow automation and develops processes to improve efficiency.
• Communicates findings to team and leadership with clear, actionable recommendations.

Skills

Actuarial analysis

Pricing optimization

Data analysis

Excel

Python

SQL

Communication

Education

Bachelor’s degree in Mathematics, Statistics, Computer Science, Actuarial Science, Finance, Economics

Tools

Azure EDW

Python

BI tools

Akur8

Copilot

Job description

FrankCrum is a Top Workplace!

Frank Winston Crum Insurance (FWCI) issues Workers’ Compensation and General Liability policies by offering flexible coverage and payment options to meet the varied needs of businesses. Over the years, FWCI has grown from a single-state insurance carrier to one that is licensed in 37 states and continues to expand. In addition to regional and product line growth, FWCI has enhanced its value-added services. What has not changed though is the firm’s commitment – echoed throughout the family of companies – “always to do the right things for the right reasons!”

The Role You’ll Play to Create Success

We are excited to announce our search for a full-time on-site Actuarial Analyst. In this role, you will contribute to the mission of FrankCrum by independently applying advanced actuarial, statistical, and predictive analytics methodologies to develop and maintain insurance pricing models, evaluate profitability, and support strategic business decisions. The role partners with leaders across the organization to analyze emerging risks, improve pricing strategies, support rate filings, and deliver data-driven insights that promote profitable growth.

1. Analyzes data, such as premiums, losses, exposure, and claims experience, to identify trends, emerging risks, evaluate profitability across all lines of business, and recommend strategies to improve financial performance.
2. Develops, maintains, and enhances insurance pricing models, rating methodologies, and pricing analyses to support profitable growth, rate adequacy, and competitive market positioning.
3. Collaborates with various departments to implement and maintain predictive and pricing models that inform business decisions using actuarial, statistical, and data science techniques.
4. Collaborates with the Product Department and external actuarial consulting firm on rate filings, form filings, pricing analyses, and other regulatory or product initiatives.
5. Interprets and analyzes internal and external data to identify trends, opportunities, and emerging risks affecting underwriting results and profitability.
6. Utilizes actuarial techniques, predictive modeling, and analytical tools to evaluate pricing performance, create reports, and provide actionable insights to senior leadership.
7. Prepares special studies, analyses, and recommendations related to pricing, profitability, reserving support, product performance, and other strategic initiatives.
8. Assess complex data systems and analytical programs, ensuring data integrity while supporting ad hoc requests and management reporting.
9. Runs and documents financial and actuarial analyses and assists in the preparation of monthly, quarterly, and annual reporting.
10. Participates in workflow automation efforts and develops processes, procedures, and analytical best practices to improve operational efficiency.
11. Communicates regularly and effectively with team members, business partners, and leadership, presenting analytical findings and recommendations in a clear and actionable manner.

The Attributes We Seek

1. Bachelor’s degree in Mathematics, Statistics, Computer Science, Actuarial Science, Finance, Economics, or a related field required.
2. Three (3) years of relevant insurance/analytical/actuarial experience, especially pricing, preferred.
3. Strong analytical, quantitative, statistical, and problem-solving skills.
4. Experience extracting, cleansing, validating, and analyzing large insurance datasets.
5. Ability to demonstrate proficiency in Excel, SQL (Azure EDW), Python, BI tools, and related software required.
6. Experience with Workers’ Compensation, Commercial General Liability, commercial package, or Excess & Surplus (E&S) lines, preferred.
7. Experience with predictive models such as generalized linear models (GLMs), machine learning, and/or predictive modeling software (such as Akur8), strongly preferred.
8. Experience with ratemaking and rate adequacy techniques (indications, loss/premium trend, on-leveling, dislocation, impact analysis, scenario testing), strongly preferred.
9. Experience in leveraging AI and company approved analytical tools (such as Copilot, Claude, Akur8, Python) to improve modeling accuracy, automate workflows, increase operational efficiency, and enhance decision-making.

Our Competitive Benefits

Along with this great opportunity, FrankCrum also provides exceptional benefits from top carriers including:

1. Health Insurance is just twenty-five dollars per month for employee only coverage and a very low cost for family levels.
2. Dental and Vision Insurance
3. Short Term Disability and Term Life Insurance at no cost to the employee
4. Long Term Disability and Voluntary Term Life Insurance
5. Supplemental insurance plans such as Accidental, Critical Illness, Hospital Indemnity, Legal Services and Pet Insurance
6. 401(k) Retirement Plan where FrankCrum matches 100% of the first 4% the employee contributes, and the employee is immediately vested in the employer match
7. Flexible Spending Accounts for Medical and Dependent Care Reimbursement
8. Health Savings Account funded by FrankCrum
9. Paid time off and holiday pay
10. Education Benefit Program at the IRS Maximum allowance
11. PTO cash out
12. Tickets at Work
13. Alero Financial and its robust credit union benefits program
14. Employee and client referral bonus programs
15. Disaster Relief Fund for employees

What’s Special About FrankCrum

FrankCrum, a family-owned business-to-business entity since 1981 made of several companies: FrankCrum Corporate (a professional employer organization), FrankCrum Staffing, Frank Winston Crum Insurance Company, and the FrankCrum Insurance Agency - all based in Clearwater, Florida. This “family of employer solutions” employs approximately 400 people who serve over 4,000 clients throughout the United States. FrankCrum employees are trained to deliver high value through exceptional customer service and treat clients and coworkers like family. By living by our Brand Pillars (Integrity, Affinity, and Prosperity) employees are recognized at quarterly events for exceptional customer service and milestones in tenure.

The FrankCrum headquarters spans 14 acres and includes a cafe, subsidized for employees. Menus include made-to-order breakfast, hot lunch options and even dinners that can be ordered to-go, all at very affordable prices. The cafe also plays host to monthly birthday and anniversary celebrations, eating and costume contests, and yearly holiday parties. Through the input of its own employees, The Tampa Bay Times has recognized FrankCrum as a Top Place to Work for more than 10 years in a row! FrankCrum also supports several community efforts through Trinity Café, the Homeless Empowerment Program, and Clearwater Free Clinic!

FrankCrum is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.