Actuarial Analyst (Remote)

MEM; Missouri; On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health Plans including preventive care

Annual Performance-Based Bonus

Employer-Paid Life and Disability Benefits

Generous time off and volunteer time

401(k) Retirement Plan with employer match

Job summary

MEM Insurance in Missouri is looking for an Actuarial Analyst to support pricing, reserving, and analytical initiatives. You'll work closely with the Actuarial Director and cross-functional teams to conduct impactful analyses that inform business decisions.

This position offers a great opportunity for early-career actuaries to develop their skills in a supportive environment that values learning and innovation. Join us to build a strong foundation in workers’ compensation and property-casualty insurance and contribute to a culture of collaboration and integrity.

Qualifications

• Bachelor’s degree in a relevant field required.
• Minimum of 2 actuarial exams completed.
• Workers’ compensation experience preferred.

Responsibilities

• Support quarterly reserve analyses and validate data.
• Assist with data preparation for rate indications.
• Compile and test rate implementation.
• Gather inputs for actuarial deliverables from teams.
• Conduct statistical analysis and summarize results.

Skills

Data analysis

Statistical analysis

Communication

Collaboration

Attention to detail

Education

Bachelor’s degree in Business Administration, Mathematics, Statistics, Insurance, Finance, Economics, or a related field

Progress toward actuarial credentials (minimum of 2 exams completed)

Job description

Are you early in your actuarial career and excited to turn data into meaningful business insights? MEM Insurance is seeking an Actuarial Analyst to join our growing Finance team. In this role, you will support pricing, reserving, and analytical initiatives that directly influence business decisions.

Working closely with the Actuarial Director and cross‑functional partners, you’ll contribute to impactful analyses, develop your technical expertise, and build a strong foundation in workers’ compensation and property‑casualty insurance. This is an excellent opportunity to grow your actuarial career in a collaborative, supportive environment where learning and curiosity are encouraged every day.

Essential Duties and Responsibilities

• Support quarterly reserve analyses, including preparing and validating data and analyzing claims trends such as frequency, severity, and loss development.
• Assist with pricing activities, including data preparation for rate indications and class ratemaking.
• Support rate implementation, testing, and rate filings, including analysis of NCCI loss cost filings.
• Partner with Claims, Underwriting, and Compliance teams to gather inputs and support actuarial deliverables.
• Extract, clean, and validate data from multiple sources to support actuarial analysis.
• Perform foundational statistical analyses and summarize results for actuarial review.
• Maintain and update actuarial tools, models, and recurring reports.
• Identify data inconsistencies or unusual trends and elevate as appropriate.

Business Support & Insight Development

• Respond to internal requests for data and analysis from cross‑functional partners.
• Assist in developing reports, dashboards, and tools that support underwriting and operational decisions.
• Identify emerging patterns and trends in data and contribute to insight development.
• Build foundational knowledge of insurance products, risk drivers, and business operations.
• Prepare clear summaries, reports, and basic visualizations of analytical results.
• Communicate findings in a structured and easy‑to‑understand way.
• Collaborate with team members and stakeholders to support deliverables and timelines.
• Incorporate feedback to continuously improve work quality and effectiveness.

Professional Development & Standards

• Ensure work is accurate, well‑documented, and aligned with actuarial and regulatory standards.
• Progress toward actuarial credentials through exam completion.
• Develop technical knowledge in actuarial methods, data analysis, and modeling.
• Participate in training and development opportunities to build capability.

Qualifications

• Bachelor’s degree in Business Administration, Mathematics, Statistics, Insurance, Finance, Economics, or a related field required.
• Progress toward actuarial credentials (minimum of 2 actuarial exams completed).
• Workers’ compensation experience preferred.

Company Culture And Values

At MEM Insurance, we are committed to our vision, mission, and values. We foster a culture of collaboration, integrity, and innovation. Our team is passionate about delivering exceptional service to our customers while supporting each other’s growth and success. We believe in accountability, continuous learning, and creating an environment where employees feel valued and empowered.

Diversity Statement

MEM Insurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We believe that varied perspectives drive innovation and strengthen our ability to serve our customers and communities.

Total Rewards Overview

• Health Plans: Medical, Dental, and Vision includes fertility benefits, fully paid preventative care, and adult orthodontia.
• Annual Performance‑Based Bonus
• Employer‑Paid Life and Disability Benefits: Life Insurance (3x base salary), AD&D, Short and Long‑term Disability.
• Wellness and Recognition Program: Employer‑paid incentives for employees and spouses.
• Flexible Spending Account and Dependent Care options
• Time Away from Work: Generous PTO, 11 Holidays + 4 Early Releases, 16 Hours Volunteer Time Off, 20 Days Paid Parental Leave, Marriage, Bereavement, and Jury Duty leave.
• Employee Assistance Programs
• 401(k) Retirement Plan: Employer match and profit sharing.
• Adoption Assistance and Tuition Assistance

Notice Regarding Use of Artificial Intelligence

MEM may use artificial intelligence (AI) tools to more efficiently facilitate and assist in decisions involving recruitment, hiring, promotion, renewal of employment, selection for training or apprenticeship, discharge, discipline, tenure, or the terms, privileges, or conditions of employment. Any such use of AI tools will comply with all applicable laws.