Actuarial Assistant/Actuarial Analyst

AIPSO; Johnston (RI); Sur place; USD 65 000 - 124 000; Plein temps

Résumé du poste

AIPSO is a national organization serving insurance industry groups and providing actuarial services from Johnston, RI. The role focuses on developing rate indications and loss reserves under CAS principles, with opportunities to pursue actuarial fellowship credentials.

We seek an actuarial-minded professional with a math/statistics background, 1+ years in insurance, and strong Excel/Power BI skills to analyze data and prepare reports for internal stakeholders.

Qualifications

• Bachelor's degree in mathematics, statistics, or a related field; exams required.
• 1+ years of insurance experience preferred.
• Proficiency in Microsoft Office (Outlook, Word, Excel) and Power BI.

Responsabilités

• Develop rate level indications in line with CAS principles.
• Assist in developing loss reserve studies per CAS principles.
• Prepare actuarial research and reports.
• Review work products for reasonability and escalate concerns.
• Participate in peer reviews of department outputs.
• Develop exhibits to support rate and reserving products.
• Pursue CAS Fellowship Credentials through applicable exams.
• Create and maintain computer files.
• Prepare rate level proposals for governing committee presentations.
• Develop written documents for Plan Managers and staff.
• Research emerging trends, competitive conditions, and operational changes.

Connaissances

Analytical thinking

Problem solving

Strong communication skills

Multitasking

Formation

Bachelor's degree in mathematics/statistics

Passed 1-3 actuarial exams

Outils

Power BI

Excel

Databases

Description du poste

AIPSO is a management organization and service provider for various insurance industry groups responsible for administering the residual market. We are a national organization that serves local customer needs. Centralization and standardization are key to many AIPSO services because of the inherent economies of scale and other efficiencies. However, our organization is based on customer focus and recognizes the need for flexibility in serving customer groups with diverse interests.

Essential Duties & Responsibilities

• Develop rate level indications in accordance with Casualty Actuarial Society (CAS) principles.
• Assist in the development of loss reserve studies, in accordance with CAS principles.
• Assist in the preparation of special actuarial research and other reports.
• Conduct a cursory reasonability review of work products and relay any concerns to appropriate staff.
• Participate in the peer review of department work products.
• Develop exhibits to support rate and reserving products.
• Pursuit of CAS Fellowship Credentials through successful completion of applicable exams.
• Assist in the creation and maintenance of computer files.
• Assist in the preparation of rate level proposals for governing committee presentation.
• Participate in the development of written documents for distribution to Plan Managers, Insurance Department staff and other internal AIPSO staff.
• Research emerging trends, competitive conditions, and operational changes.

Education

Bachelor's degree (BA/BS) majoring in mathematics, statistics, or related field from a four-year college or university. Additional appropriate experience may be considered in lieu of a degree. Candidates must have passed 1 to 3 actuarial exams to be considered.

Experience

1 or more years of related insurance experience preferred. Experience using databases, spreadsheets, statistical software, and computer languages to compile and categorize data.

Skills/Knowledge

• Proficient in the use of Microsoft Office productivity tools (e.g. Outlook, Word, Excel) and Power BI to manage work. Strong spreadsheet and technical skills to use databases and pivot tables.
• Effective problem-solving skills, including ability to analyze issues, find the root cause of the problem, and consider a wide range of alternatives before acting.
• Demonstrate strong verbal and written communication skills, including ability to effectively present information and respond to questions from groups or individuals.
• Ability to multi-task and demonstrate flexibility while maintaining attention to detail.
• Demonstrate excellent organizational skills.
• Ability to work independently and interact professionally and effectively in a team environment.
• Mathematical skill and reasoning ability to validate data, ensuring accuracy presented in reports and exhibits.
• Knowledge of the insurance industry and related regulations.
• Demonstrated commitment to on-going insurance education.

Salary Range: $65,000 - $103,800/$77,500 - $123,700 Annual

Actual salary for this position will be determined by a number of factors, including the scope, complexity, and location of the role as well as the cost of labor in the market; the skills, education, training, credentials, and experience of the candidate; internal equity and other conditions of employment.

AIPSO is an equal opportunity employer. To this end, all employment related decisions are made on a non-discriminatory basis and in full compliance with federal, state, and local laws prohibiting discrimination in employment.

This is a non-management position

This is a full time position