Actuary

Beacon Luna; San Francisco (CA); On-site; USD 75,000 - 103,000; Full time

Job summary

Beacon Luna in San Francisco, CA seeks an Actuary to analyze financial risks and price insurance products. The role involves calculating premiums, modeling risks, and interpreting data from customer demographics and market trends to guide profitable, regulator-compliant decisions.

Ideal candidates hold a bachelor’s degree in actuarial science (or related field), an actuarial designation, 3–5 years of industry experience, and proficiency in actuarial software and data analysis tools.

Qualifications

• Bachelor's degree in actuarial science or related field required.
• Professional actuarial designation preferred or required.
• 3–5 years of relevant industry experience.
• Proficiency in actuarial software and data analysis tools.
• Strong communication skills for presenting findings.

Responsibilities

• Analyze and evaluate financial risks for insurance products.
• Calculate premiums using actuarial methods.
• Assess policy risks by analyzing historical data and market trends.
• Develop actuarial models to predict future outcomes.
• Interpret complex data from multiple sources to inform decisions.
• Collaborate with underwriters and data analysts to support pricing and risk management.

Skills

Actuarial analysis

Data analysis

Communication

Risk assessment

Education

Bachelor's degree in actuarial science or related field

Professional actuarial designation

Tools

SAS

R

Microsoft Office Suite

Adobe Creative Suite

Job description

Beacon Luna, a prominent insurance company, is seeking an Actuary in San Francisco, CA. This full-time role offers competitive compensation and benefits, focusing on analyzing and evaluating financial risks for our clients.

Daily tasks include calculating premiums using actuarial software like SAS or R, assessing policy risks by analyzing historical data and market trends, and developing actuarial models to predict future outcomes. You'll interpret complex data from various sources, such as customer demographics, claim histories, and economic indicators, to make informed decisions. This ensures our policies are profitable and fair, while also adhering to regulatory requirements and maintaining high customer satisfaction. The workplace is typically an office environment, equipped with computers, actuarial software, and other relevant tools. Requirements include a degree in actuarial science or a related field, relevant experience, and proficiency in data analysis and statistical software.

You'll be part of a collaborative team in San Francisco, CA, fostering innovation and professional growth. This role offers opportunities to work on diverse projects, contributing to our insurance products' success.

The salary range for this position is $75,000 to $102,964 per year, with a comprehensive benefits package that includes health insurance and retirement plans. Employees can also expect access to additional benefits such as paid time off, professional development opportunities, and wellness programs. The role requires a bachelor's degree in a relevant field, typically 3-5 years of experience in the industry, and proficiency in industry-standard software tools like Microsoft Office Suite and Adobe Creative Suite. The workplace is a dynamic and collaborative environment, fostering innovation and creativity. Employees are expected to perform a variety of tasks, including project management, client communication, and creative problem-solving. The position demands strong organizational skills, attention to detail, and the ability to meet tight deadlines.

Requirements include a bachelor's degree in actuarial science or a related field, along with a professional actuarial designation. Experience in the insurance industry is beneficial, as is proficiency in actuarial software and data analysis tools. Strong communication skills are essential for presenting findings to stakeholders.

Analyze and evaluate financial risks, calculate premiums, assess policy risks, develop actuarial models, interpret complex data, make informed decisions, work closely with underwriters and data analysts, provide critical insights for insurance productsBachelor's degree in actuarial science or a related field, professional actuarial designation, experience in the insurance industry, proficiency in actuarial software and data analysis tools, strong communication skills