Actuarial Analyst - Insurance - REMOTE

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

Benefits offered by this job

Health insurance

401(k) with 4% match

Voluntary Dental, Vision, Life and AD&

Job summary

WAHVE LLC is seeking seasoned actuarial professionals to join our remote team as Actuarial Analysts. This home-based role offers full or part-time schedules, leveraging your insurance pricing expertise to support carrier clients and reinsurance pricing initiatives.

Responsibilities include pricing studies, rate reviews, data analysis in relational databases, and collaboration with Underwriting, Product Management, Sales, and Finance to expand product offerings.

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 trend analysis.
• Lead state and product rate reviews and filings by interpreting bureau rate changes.
• Collaborate with Underwriting, Product Management, Sales, Finance to support revisions and expansion of products.
• Assess experience, source of earnings, reserve adequacy, and forward-looking drivers to develop reserve recommendations.
• Develop rating methodologies for existing and new products.

Skills

Actuarial analysis

Pricing

Data interpretation

Education

Bachelor's degree in actuarial science or related

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.
• CURRENT HIGH DEMAND for reinsurance pricing experience. Will be working with the reinsurance underwriters to develop loss costs, analyze contract / quantify impact of contract features and formulate understanding of key risk drivers. As such, a strong quantitative and property/casualty reinsurance background is 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.
• Available in full or part-time schedules.
• 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!