Actuarial Analyst: Rates, Data & Insights

Edgewater Actuarial Insights, LLC; Itasca (IL); On-site; USD 70,000 - 100,000; Full time

Job summary

Edgewater Actuarial Insights, LLC is seeking an Actuarial Analyst to assist in setting rates for insurance products, analyzing premium and loss data, and communicating observations to senior management. You will develop and enhance products, design reports for decision-making, forecast industry trends, and present findings to leadership.

The role requires a Bachelor’s degree in Actuarial Science or related field, strong Excel skills, and intermediate programming ability (SQL/Python/R).

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or business-related discipline.
• Strong Excel and data analysis skills with attention to detail.

Responsibilities

• Support the rate review process by preparing rate indications, analyzing components of rating, developing pricing proposals and calculating impacts.
• Provide data to support underwriting decision-making
• Assist with analysis on project initiatives
• Evaluate success and drive continuous improvement in product enhancements
• Solve complex business problems using analytical and actuarial techniques
• Provide support in preparing and presenting materials for clients
• Perform statistical data analysis in support of new product development
• Analyze market/industry/regulatory trends to provide actionable insights for business decisions
• Gather and compile statistical data via Excel/Access or data management programs to develop reports for pricing, reinsurance reporting, and valuation.

Skills

Excel advanced

Actuarial data analysis

Communication

Detail orientation

Time management

Problem solving

Independent work

Team collaboration

Actuarial research translation

SQL

Python

R

Education

Bachelor’s degree in Actuarial Science/Mathematics/Statistics or business

Tools

SQL

Python

R

Access

Job description

Edgewater Actuarial Insights, LLC is seeking an Actuarial Analyst to assist in setting rates for insurance products, analyzing premium and loss data, and communicating observations to senior management. You will develop and enhance products, design reports for decision-making, forecast industry trends, and present findings to leadership.

The role requires a Bachelor’s degree in Actuarial Science or related field, strong Excel skills, and intermediate programming ability (SQL/Python/R).