Actuary Analyst II

Remote Jobs; Memphis (TN); Hybrid; USD 75,000 - 120,000; Full time

Job summary

Remote Jobs in the United States seeks an actuarial analyst to support pricing, profitability models, and financial forecasts to help the company achieve growth. You will model profitability, analyze risks, prepare loss and reserve analyses, and collaborate with the Product and Accounting teams; ACAS/FCAS progression encouraged.

Requirements include a bachelor’s degree in mathematics or actuarial science, one year of industry experience, Excel/Access proficiency, and exposure to VBA, R, SQL,

Qualifications

• Bachelor's degree in mathematics or actuarial science or related field.
• At least 1 year of industry experience.
• Familiarity with VBA, R, SQL, Emblem or similar platforms favored.
• Proficient with Excel, Access, and related software.
• Completing 2+ CAS exams and pursuing ACAS/FCAS is encouraged.

Responsibilities

• Supports development of products, rates, rating plans, pricing strategies, and financial forecasts for profitability and growth.
• Models and analyzes product profitability and associated risks.
• Analyzes pricing findings and develops approaches to improve projection accuracy.
• Designs improved processes to increase efficiency.
• Performs ad hoc analyses for the product team.
• Assists with reserving year-end forecast and monthly reserve analyses.
• Produces monthly estimated loss ratio reports for the accounting team.
• Collaborates with Product and other departments for state filings and regulatory exhibits.
• Works with auditors and third-party consultants as needed.
• Applies actuarial and technical knowledge to support process improvements.

Skills

Analytical skills

Communication skills

Teamwork

Independent work

Presentation skills

Verbal communication

Education

Mathematics or Actuarial Science degree

Tools

Excel

Access

VBA

R

SQL

Emblem

Job description

RESPONSIBILITIES

• Job listing Supports the development of products, rates, rating plans, pricing strategies, and financial forecasts to help achieve company-wide objectives for profitability and growth.
• Models and analyzes product profitability and associated risks.
• Analyzes and presents findings of pricing to help drive business; develops new approaches to test and enhances the accuracy of projections.
• Design improved processes to facilitate increased efficiency.
• Perform ad hoc analyses for the product team.
• Support claims analyses.
• Analyzes trends, factors, and issues that impact results and assists in developing recommended action plans.
• Forecasts business expenses.
• Assists in producing quarterly rate level indications and helps communicate changes in indications and the key drivers of those changes.
• Assists with reviewing loss development patterns and supports the selection process for each product.
• Supports coordination with the Product Department to prepare necessary documentation for state filings and assists with responses to Departments of Insurance, as required, including but not limited to RLIs (Rate level indications) and state‑required exhibits (excess profit, excess expense, and actuarial certifications).
• Collaborate with third‑party consultants as necessary.
• Work with auditors as required.
• Applies actuarial and technical knowledge to support process improvements.
• Assists with all aspects of predictive modeling, including scope, data construction, modeling, and implementation.
• Assists with the quarterly reserve analysis.
• Analyzes and presents monthly reserving reports.
• Prepares monthly estimated loss ratio reports for the accounting team.
• Assists with reserving year‑end forecast.
• Assists the accounting team in producing annual statements.
• Reviews own work for accuracy and may assist with peer review of routine analyses, as appropriate.
• Other duties as assigned.

JOB REQUIREMENTS

• Requires a bachelor's degree in mathematics, Actuarial Science, or a related field.
• Requires one year of industry experience.
• Familiarity with programming languages preferred (VBA, R, SQL, Emblem, or similar platform).
• Proficient with Excel, Access, and/or equivalent software.
• Completion of 2 or more examinations with the Casualty Actuarial Society.
• Ability to pursue ACAS/FCAS designation from the Casualty Actuarial Society.
• Strong analytical skills.
• Strong communication skills.
• Ability to work independently and in a team environment.
• Strong written and verbal communication skills.
• Excellent interpersonal and communication skills, including presentation skills.

This position will be hybrid or fully remote, depending on the candidate's work background, skills, and experience level.

PHYSICAL DEMANDS:

The physical demands described here are representative of those required to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to perform manual tasks, including using hands to finger and handle controls. Tasks may also require the ability to talk or hear. The employee will frequently sit, bend, and reach with their hands and arms, and will occasionally be required to stand and walk. The employee may occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus. Other abilities include possessing the capacity to learn, concentrate, think, and read. Often, employees communicate and interact with others while working.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The listed requirements are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job‑related instructions and perform any other job‑related duties requested by anyone authorized to give instructions or assignments.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.