Actuarial Analyst

Jobtailor; Tallahassee (FL); On-site; USD 70,000 - 95,000; Full time

Job summary

Jobtailor in Tallahassee, FL is seeking an actuarial analyst to assist the supervising actuary with recommendations based on rate filings and actuarial analysis. You will perform calculations to assess rate adequacy and ensure compliance with state laws.

The role involves data preparation, reporting, and participation in disaster response duties as needed. Strong knowledge of statistics, ratemaking, and Excel is required along with effective communication skills.

Qualifications

• Knowledge of insurance, probability, and statistics.
• Knowledge of ratemaking principles.
• Ability to use Excel and Microsoft Word or comparable word-processing applications.
• Ability to communicate effectively verbally and in writing.
• Ability to organize, document, and present data logically.
• Ability to write reports.
• Ability to maintain effective working relationships.
• Skill using personal computers, Windows, and Internet navigation.
• Qualified applicants must take a work sample.
• Ability to perform short-notice disaster-response duties and necessary attendant travel may be required.

Responsibilities

• Assist supervising actuary in preparing recommendations based on actuarial analysis of rate and rate-related filings.
• Perform actuarial calculations for property and casualty rate filings to assess whether rates are excessive, inadequate, or unfairly discriminatory.
• Review property and casualty insurance rate filings for compliance with state insurance laws.
• Research, prepare, and submit data supporting actuarial analysis recommendations.
• Prepare data summaries, extracts, and analyses for actuary-generated reports.
• Summarize, reconcile, and analyze data used in financial examinations of companies.
• Assist with correspondence and monitor responses.
• Design, collect, analyze, and review statutorily required reporting forms.
• Correspond with external sources to ensure compliance with legislation.
• Apply statistical formulae and analytical procedures to rate filings.
• Maintain manuals, databases, and logs related to assigned rate filings.
• Recommend improvements to data reliability and availability.
• Participate in the DFS Disaster Response Team and perform related travel when required.
• Perform other related duties assigned by management.

Skills

Actuarial Calculations

Data Analysis

Statistical Formulae

Financial Examination

Data Summarization

Tools

Microsoft Excel

Microsoft Word

Windows

Internet Navigation

Job description

• Assist supervising actuary in preparing recommendations based on actuarial analysis of rate and rate-related filings
• Perform actuarial calculations for property and casualty rate filings to assess whether rates are excessive, inadequate, or unfairly discriminatory
• Review property and casualty insurance rate filings for compliance with state insurance laws
• Research, prepare, and submit data supporting actuarial analysis recommendations
• Prepare data summaries, extracts, and analyses for actuary-generated reports
• Summarize, reconcile, and analyze data used in financial examinations of companies
• Assist with correspondence and monitor responses
• Design, collect, analyze, and review statutorily required reporting forms
• Correspond with external sources to ensure compliance with legislation
• Apply statistical formulae and analytical procedures to rate filings
• Maintain manuals, databases, and logs related to assigned rate filings
• Recommend improvements to data reliability and availability
• Participate in the DFS Disaster Response Team and perform related travel when required
• Perform other related duties assigned by management

Requirements

• Knowledge of insurance, probability, and statistics
• Knowledge of ratemaking principles
• Ability to use Excel and Microsoft Word or comparable word-processing applications
• Ability to communicate effectively verbally and in writing
• Ability to organize, document, and present data logically
• Ability to write reports
• Ability to maintain effective working relationships
• Skill using personal computers, Windows, and Internet navigation
• Qualified applicants must take a work sample
• Ability to perform short-notice disaster-response duties and necessary attendant travel may be required

Core Competencies

Demonstrates expertise in actuarial analysis, including rate filings and compliance with state insurance laws, while effectively communicating findings and recommendations. Proficient in statistical analysis and data management to support actuarial reporting and decision-making.

Highest-signal resume keywords

• Actuarial Analysis
• Ratemaking Principles
• Statistical Analysis
• Excel Proficiency
• Insurance Compliance

ATS Optimization Keywords

Hard Skills

• Actuarial Calculations
• Data Analysis
• Statistical Formulae
• Financial Examination
• Data Summarization

Soft Skills

• Effective Communication
• Organizational Skills
• Report Writing
• Relationship Management

Industry Keywords

• Property Insurance
• Casualty Insurance
• Insurance Laws
• Disaster Response
• Data Reliability

Tools & Technologies

• Microsoft Excel
• Microsoft Word
• Windows Operating System
• Internet Navigation