Actuarial Analyst - Commercial Lines - REMOTE

WAHVE LLC; United States; Remote; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

401(k) with 4% match

Voluntary Dental, Vision, Life & AD&D

Job summary

WAHVE LLC offers a work-at-home opportunity for experienced insurance actuaries to continue their careers from home with full or part-time schedules and company benefits.

Seeking actuarial analysts to support insurance carrier clients on pricing studies, rate reviews, experience analysis, and predictive modeling using SAS/SQL/VBA/R/Python in a remote, long-term position.

Qualifications

• 25 years of full-time work experience.
• 10 most current years of actuarial experience with commercial lines pricing in the Property & Casualty sector.
• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major.

Responsibilities

• Assist with pricing studies to evaluate profitability of insurance products and perform competitor analysis.
• Lead state and product rate reviews and filings by interpreting bureau rate changes.
• Collaborate with Underwriting, Product Management, Sales, Finance, etc. to support revisions and expansion of product offerings.
• Assist in assessing experience, source of earnings analysis, reserve adequacy, and forward-looking drivers for reserve recommendations.
• Aid in developing rating methodologies for existing and new products.
• Extract and manipulate data in relational databases with SAS, SQL, VBA, R or Python.
• Apply statistical techniques to build predictive models addressing underwriting or claim issues.
• ACAS or FCAS designation preferred but not required.

Skills

Data extraction

Data manipulation

Statistical modeling

Collaboration

Education

Bachelor's degree in actuarial science, mathematics, economics, statistics, or related major

Tools

SAS

SQL

VBA

R

Python

Job description

Put your Insurance Experience to work – FROM HOME!

At WAHVE, we value significant insurance experience and want to revolutionize the way people think about phasing into retirement by offering qualified candidates the opportunity to continue their career working from home. As we say – retire from the office but not from work. Our unique platform provides you with real work/life balance and allows you to choose a full or part-time work schedule while continuing to utilize your insurance expertise in a remote, long-term position which includes company benefits!

WHAT YOU’LL LOVE ABOUT WAHVE

We created a welcoming place to work with friendly and professional leadership. We are known for the great care we take with our staff and our clients. We are passionate and determined about delivering the best customer service, preserving insurance industry knowledge, and making a difference by the work that we do.

WHAT WE ARE SEEKING

We have assignments available to help our insurance carrier clients in Actuarial Analyst positions. Responsibilities include:

• Assist with pricing studies to evaluate the profitability of company’s insurance products. Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace. Perform trend analysis to understand changes in the frequency and severity of insurance claims.
• Lead state and product rate reviews and filings by interpreting bureau rate changes.
• Collaborate with functional teams such as Underwriting, Product Management, Sales, Finance, etc. to support ongoing revisions and expansion of product offerings.
• Assist in the assessment of experience, source of earnings analysis, reserve adequacy, and forward-looking drivers to develop reserve assumptions and recommendations.
• Aid in the development of rating methodologies concerning both existing and new company products.
• Possess ability to extract and manipulate data in relational databases, SAS, SQL, VBA, R or Python preferred.
• Strong experience using statistical techniques to build predictive models addressing underwriting or claim issues.
• ACAS or FCAS designation preferred but not required.

TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE

• 25 years of full-time work experience
• 10 most current years of actuarial experience with commercial lines pricing in the Property & Casualty sector
• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major

BENEFITS OF BECOMING A WAHVE VINTAGE EXPERT

• Health insurance based on eligibility.
• 401(k) with a 4% match based on eligibility.
• Voluntary Dental, Vision, Life Insurance and Accidental Death & Dismemberment (AD&D).
• Retire from the office but not from work.
• Eliminate the office stress and the commute.
• Choose the work you would like to do now.
• Utilize your years of insurance industry knowledge.
• Be part of our dynamic yet virtual team environment and connect with other experienced insurance professionals like yourself!