Actuarial Analyst I: AI-Driven Commercial Lines Pricing

Encova Insurance; Columbus (OH); Hybrid; USD 62,000 - 99,000; Full time

Benefits offered by this job

Health, Dental & Vision Insurance

401(k) with company match

Paid Time Off and Holidays

Hybrid and remote depending on role

Job summary

Encova Insurance is seeking a Product Actuarial Analyst I (Commercial Lines) to price property and casualty products, focusing on rate indications and profitability improvements. You will compile internal and market data and partner with profit centers to support growth.

The role requires a BA/BS in a math-related field, actuarial exams, and strong Excel; programming experience (SAS, SQL, R, Python) is preferred. Hybrid work available in Columbus, OH or Charleston, WV.

Qualifications

• A Bachelor’s degree in mathematics, statistics, or actuarial science is required.
• Minimum of one year actuarial experience preferred.
• Two actuarial exams completed with ongoing pursuit of CAS credentials preferred.
• Strong Excel skills and programming experience (SAS/SQL/R/Python).
• Analytical problem-solving and clear communication abilities.

Responsibilities

• Pricing property & casualty products with emphasis on rate indications and profitability.
• Compile and interpret internal and market data for pricing decisions.
• Review rating plans components using profitability data and competitive analysis.
• Prepare rate filings and coordinate with state insurance departments as needed.
• Track ISO and Workers' Comp rating changes and present findings to partners.
• Support development of actuarial pricing models and governance documentation.

Skills

Excel

Actuarial experience (1 year)

Actuarial exams (2+)

Strong analytical skills

Strong communication skills

Problem solving

Education

B.A./B.S. in mathematics, statistics, or actuarial science

Tools

SAS

SQL

R

Python

Job description

Encova Insurance is seeking a Product Actuarial Analyst I (Commercial Lines) to price property and casualty products, focusing on rate indications and profitability improvements. You will compile internal and market data and partner with profit centers to support growth.

The role requires a BA/BS in a math-related field, actuarial exams, and strong Excel; programming experience (SAS, SQL, R, Python) is preferred. Hybrid work available in Columbus, OH or Charleston, WV.