Actuarial Analyst I

CompSource Mutual Insurance Company in; Oklahoma City (OK); Hybrid; USD 75,000 - 82,000; Full time

Benefits offered by this job

Free employee medical, dental, vision,

Life, and disability insurance

Company match 401(k) with immediate v-

Annual merit increases and incentive

Generous paid time off, holidays

Drinks and snacks

Job summary

CompSource Mutual in Oklahoma City, OK, is seeking an Actuarial Analyst I to support pricing, reserving, regulatory reporting, and financial insight. This full-time role offers a hybrid schedule with a $75,000–$82,000 salary target and a robust benefits package.

You will compile, validate, and analyze data for actuarial models, reports, and exhibits under senior staff guidance, contributing to regulatory submissions and performance monitoring.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related quantitative field.
• 0–2 years of experience in an analytical, actuarial, data, or reporting role (internships and co-ops accepted).
• Proficiency in Microsoft Excel and foundational experience working with data.
• Strong analytical and problem-solving skills, with high attention to detail and comfort validating results and double-checking numbers.
• Ability to organize work, manage multiple tasks, and meet deadlines, with strong written and verbal communication skills.

Responsibilities

• Assisting with statistical and regulatory reporting, including data preparation, validation, and creation of standard exhibits for actuarial and financial reports.
• Preparing components of quarterly actuarial reports, including reconciliations between actuarial and financial systems and other supporting schedules.
• Performing large claim reviews and basic modeling analyses to support reserve studies and management reporting.
• Supporting pricing analysis and rate filings by organizing data, exhibits, and documentation for internal and regulatory audiences.
• Assisting with reinsurance submissions by compiling exposure, loss, and premium data and helping prepare related reports and exhibits.
• Completing ad hoc analytical projects and regulatory requests for underwriting, claims, actuarial leadership, and other stakeholders.
• Performing data quality checks, documenting data sources and report logic, logging issues, and helping test fixes to improve actuarial processes and tools.
• Collaborating with actuarial leadership, underwriting, claims, finance, and others to understand analytical needs, prepare summary tables and visuals, and respond to routine questions about standard actuarial reports and dashboards.

Skills

Excel

Data analysis

Analytical skills

Communication

Education

Bachelor's degree in Actuarial Science

Tools

SQL

R

Python

Job description

Launch your actuarial career in a role where your analysis helps drive real business decisions. As an Actuarial Analyst I at CompSource Mutual, you'll help support pricing, reserving, regulatory reporting, and financial insight while building hands‑on experience alongside a collaborative team.

What We're Offering

Full‑time Actuarial Analyst I position in Oklahoma City, OK with a hybrid work schedule (3 days in office, 2 days remote). Salary target of $75,000–$82,000 with a comprehensive benefits package including:

• Free employee medical, dental, vision, life, and disability insurance
• Company match 401(k) with immediate vesting
• Annual performance‑based merit increases and incentive bonus
• Generous paid time off, wellness leave, holidays, and more
• Stimulating work environment with complimentary drinks and snacks

The Role & What You'll Do

In this role, you'll support our Actuarial Services team by compiling, validating, and analyzing data used in actuarial models, reports, and exhibits, contributing to statistical and regulatory reporting, reserving and pricing analysis, reinsurance submissions, and financial performance monitoring under the guidance of senior staff.

Key responsibilities include:

• Assisting with statistical and regulatory reporting, including data preparation, validation, and creation of standard exhibits for actuarial and financial reports.
• Preparing components of quarterly actuarial reports, including reconciliations between actuarial and financial systems and other supporting schedules.
• Performing large claim reviews and basic modeling analyses to support reserve studies and management reporting.
• Supporting pricing analysis and rate filings by organizing data, exhibits, and documentation for internal and regulatory audiences.
• Assisting with reinsurance submissions by compiling exposure, loss, and premium data and helping prepare related reports and exhibits.
• Completing ad hoc analytical projects and regulatory requests for underwriting, claims, actuarial leadership, and other stakeholders.
• Performing data quality checks, documenting data sources and report logic, logging issues, and helping test fixes to improve actuarial processes and tools.
• Collaborating with actuarial leadership, underwriting, claims, finance, and others to understand analytical needs, prepare summary tables and visuals, and respond to routine questions about standard actuarial reports and dashboards.

You're a detail‑oriented, analytical problem solver with strong quantitative skills who enjoys working with data, learning new tools, and translating numbers into insights for a variety of audiences. You thrive in a dynamic environment that balances independent analytical work with collaboration at key points, flexing your pace with reporting cycles and changing business priorities. You bring curiosity, initiative, and ownership to your work, and you're eager to grow your actuarial and insurance knowledge while supporting leaders with accurate, reliable analysis.

Required qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related quantitative field.
• 0–2 years of experience in an analytical, actuarial, data, or reporting role (internships and co‑ops accepted).
• Proficiency in Microsoft Excel and foundational experience working with data.
• Strong analytical and problem‑solving skills, with high attention to detail and comfort validating results and double‑checking numbers.
• Ability to organize work, manage multiple tasks, and meet deadlines, with strong written and verbal communication skills.

Preferred qualifications & strengths

• Successful completion of at least one actuarial exam (SOA or CAS) and active pursuit of an actuarial designation.
• Exposure to tools like SQL, R, or Python for data manipulation and analysis.
• Curiosity about insurance operations, workers' compensation, and how business processes impact data and analysis.
• Demonstrated learning mindset, adaptability, critical thinking, initiative, and ownership of tasks.
• Ability to communicate analytical findings clearly to both technical and non‑technical stakeholders and collaborate effectively across teams.