Actuarial Analyst/Actuarial Consultant

Texas Mutual Insurance Company; Austin, Northern (TX, KY); Hybrid; USD 77,000 - 115,000; Full time

Benefits offered by this job

Annual performance bonus

401k match

Health insurance

Life insurance

On-site gym

Tuition reimbursement

Job summary

Texas Mutual Insurance Company in Austin, TX, seeks an actuarial analyst to support pricing, reserving, and data analysis under supervision. You will compile data, validate models, and prepare exhibits for management while gaining exposure to GLM, PCA, and other techniques.

The role offers a flex-hybrid schedule and the chance to work from anywhere in the U.S. for part of the year, plus a strong benefits package, competitive salary, and ongoing CAS exam progression.

Qualifications

• Bachelor's degree in actuarial science, statistics, mathematics, finance, or a related field.
• 0-2 years of relevant experience is required for the Actuarial Analyst level; at least 2 years for the Actuarial Consultant level.
• Completion of at least one actuarial exam is required for the Analyst level; at least 3 exams for the Consultant level.
• Commitment to continued progress on the CAS exam track.

Responsibilities

• Perform basic data compilation and analytical support for pricing, reserving, and price level indications.
• Assist in analysis, development, and validation of statistical data.
• Assist in the extraction, compilation, and analysis of information from company computer systems.
• Assist in preparing exhibits and reports for management, as directed.
• Monitor developments in actuarial techniques and research trends.
• Assist with development of business solutions that incorporate statistical models and computational data analysis utilizing GLM, PCA, clustering/classification, multivariate regressions or decision trees.
• Develop understanding of financial and operational issues impacting the company.
• Provide technical reviews of other staff members' work as needed.

Education

Bachelor's degree in actuarial science, statistics, mathematics, finance, or a related field

Job description

We're excited you're considering joining a great place to work! Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.

About this Position

At Texas Mutual, we spend our days creating a stronger, safer Texas. That means helping injured workers return to a productive life, empowering businesses to succeed, and giving back to our communities. You will play an important role by completing basic data compilation and analytical support for the actuarial and financial services teams with direct supervision. Working for Texas Mutual brings many benefits. This job offers the opportunity for a flex-hybrid work environment. You'll also have the opportunity to work from anywhere in the U.S. for two weeks each year, in addition to vacation, personal and sick time. Giving back to the community is at the heart of what we do. You can volunteer during the workday with organizations that are most meaningful to you. Located in heart of Mueller, you will enjoy a modern office surrounded by parks, restaurants and shopping, our on-site fitness center and more. The Actuarial team values diverse backgrounds and experiences, true work-life balance, and a healthy, positive team culture. Every member is valued for the expertise they bring, but we also contribute to each other's growth by working together, challenging each other to do our best work and supporting every member. Our people are creative, proactive and kind, and we look forward to welcoming someone who values those qualities as well

Responsibilities & Qualifications

• Perform basic data compilation and analytical support for pricing, reserving, and price level indications.
• Assist in analysis, development, and validation of statistical data.
• Assist in the extraction, compilation, and analysis of information from company computer systems.
• Assist in preparing exhibits and reports for management, as directed.
• Monitor developments in actuarial techniques and research trends.
• Assist with development of business solutions that incorporate statistical models and computational data analysis utilizing: Generalized Linear Modeling (GLM), Principal Components Analysis, Clustering and Classification Models, Multivariate Regressions and/or Decision Trees.
• Develop understanding of financial and operational issues impacting the company.
• Provide technical reviews of other staff members' work as needed and ensure all personal work is properly reviewed.

Required qualifications

• Bachelor's degree in actuarial science, statistics, mathematics, finance, or a related field, or equivalent education, training, or experience.
• 0-2 years of relevant experience is required for the Actuarial Analyst level; at least 2 years of relevant experience is required for the Actuarial Consultant level or equivalent education, training, or experience.
• Completion of at least one actuarial exam is required for the Actuarial Analyst level; completion of at least 3 actuarial exam is required for the Actuarial Consultant level.
• Commitment to continued progress on the CAS exam track.

It would be great to have

• Proficiency in Excel, including the use of macros.
• Ability to write basic computer programs and queries.
• Ability to understand basic data analysis and actuarial techniques.

Texas Mutual Pay Transparency

Base Pay Range: $76,998.10 - $115,090.50 Per Year

Flex-Hybrid Work Environment: Texas Mutual’s flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.

Our Benefits

• Annual performance bonus and merit-based pay increase
• Lifestyle Savings Account ($1,000 per year)
• Automatic 4% employer contribution to retirement plan
• 401k plan with 100% employer match up to 6%
• Student loan repayment matching in 401k plan
• Three weeks' time off for vacation
• Nine paid holidays and two personal days each year
• Day one health, Rx, vision and dental insurance
• Life and disability insurance
• Flexible spending account
• Pet insurance and pet Rx discounts
• Free on-site gym, fitness classes, and health and wellness resources
• Free identity theft protection
• Free student loan repayment and refinancing consultation
• Professional development and tuition reimbursement
• Employee referral bonus
• Free onsite snacks

Texas Mutual Insurance Company is the state's leading choice for workers' compensation insurance, with over 40 percent of the market. Thousands of Texas businesses rely on us to help them control their workers' comp costs, protect their employees, and ensure their injured workers receive quality care. Preventing workplace accidents is a foundation of our mission. We have frequently been named one of the Best Companies to Work for in Texas. Our competitive salaries, award-winning benefits package, and employee recognition programs are just a few of the reasons our average employee tenure is 10 years.

If you need an accommodation with any part of the application process, please contact 800-859-5995 and ask to speak with Human Resources.