Actuary - HYBRID

dbinsus; Anaheim (CA); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

Medical PPO

Dental PPO

Vision PPO

Life insurance

Job summary

DB Insurance USA is seeking an Actuary to support pricing, reserving, and analytics for its Commercial Auto team in California. You will help build rating models, analyze loss trends, and prepare management-grade actuarial reports.

The role offers growth toward leadership, with a transition to a team lead or supervisory position. A strong P&C actuarial background and collaboration across underwriting and finance are essential.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
• 3+ years of professional actuarial experience in the P&C insurance industry
• Strong analytical and quantitative skills; comfortable working with large datasets
• Advanced Excel skills; familiarity with SQL, R, Python, or SAS is a plus
• Excellent written and verbal communication skills; able to explain technical concepts to non-technical audiences
• Detail-oriented with strong organizational and problem-solving abilities

Responsibilities

• Perform actuarial analyses to support pricing, rate indications, and profitability evaluations for commercial auto products
• Assist in building and maintaining rating models, assumptions, and documentation
• Analyze loss experience, trends, and exposures, and prepare actuarial insights to support business decisions
• Support reserve analysis, loss trend projections, and related actuarial tasks
• Prepare accurate and well-organized actuarial reports, exhibits, and presentations for management
• Collaborate with underwriting, claims, finance, and risk teams to align actuarial assumptions with business strategy
• Communicate complex actuarial concepts clearly to business partners and management
• Stay current with industry trends, regulatory changes, and emerging risk factors in P&C insurance
• Participate in process improvement, automation efforts, and actuarial best practices

Skills

Actuarial analysis

Data analysis

Excel

SQL

R

Python

SAS

Education

Bachelor's degree in Actuarial Science

Tools

SQL

R

Python

SAS

Job description

Job Title

• Actuary

Location

• 222 S Harbor Blvd, #720, Anaheim, CA 92805

Salary

• $80,000 - $150,000/year

Position Type

• Full-time
• Exempt (Salaried)
• Monday – Friday
• 8:30 am – 5:30 pm
• Hybrid after 1 year – 3 days in office/2 days remote

Reports to

• Senior Actuarial Manager

Position Overview:

We are seeking a detail-oriented and analytical Actuary to support pricing, reserving, and analytical functions within our Commercial Auto team. This role focuses on commercial auto lines and offers strong long-term growth potential, including the opportunity to advance into a team lead or supervisory role. The ideal candidate has a solid foundation in actuarial principles, P&C insurance experience, and a desire to grow within a collaborative actuarial team.

Key Responsibilities:

• Perform actuarial analyses to support pricing, rate indications, and profitability evaluations for commercial auto products
• Assist in building and maintaining rating models, assumptions, and documentation.
• Analyze loss experience, trends, and exposures, and prepare actuarial insights to support business decisions
• Support reserve analysis, loss trend projections, and related actuarial tasks
• Prepare accurate and well-organized actuarial reports, exhibits, and presentations for management
• Collaborate with underwriting, claims, finance, and risk teams to align actuarial assumptions with business strategy
• Communicate complex actuarial concepts clearly to business partners and management
• Stay current with industry trends, regulatory changes, and emerging risk factors in P&C insurance
• Participate in process improvement, automation efforts, and actuarial best practices

Required Qualifications:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
• 3+ years of professional actuarial experience in the P&C insurance industry
• Strong analytical and quantitative skills; comfortable working with large datasets
• Advanced Excel skills; familiarity with tools like SQL, R, Python, or SAS is a plus
• Excellent written and verbal communication skills; able to explain technical concepts to non-technical audiences
• Detail-oriented with strong organizational and problem-solving abilities

Preferred:

• Experience working with Commercial Auto insurance
• Progress toward or completion of actuarial exams and pursuit of an actuarial certification (ACAS)
• Familiarity with predictive modeling or data visualization
• Experience working in a multi-state regulatory environment

Benefits

• Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
• Paid time off and sick leave
• 13 annual paid holidays
• 401(k) plan with up to 4% company match
• Flexible Spending Account (FSA) & Dependent Care FSA
• Quarterly Fringe Benefit reimbursements
• Job-related training reimbursement
• Casual dress code

About Us

At DB Insurance USA, we carry forward a legacy of excellence that began in South Korea in 1962 and expanded to the U.S. in 1984. Backed by the financial strength of a global powerhouse (AM Best Rating: A+, S&P Rating: A+), we combine world-class resources with the agility of a close-knit team. With offices in California, Hawaii, New York, and Guam, we provide innovative insurance solutions tailored to protect your property, business, and livelihood. We are committed to fostering a culture of inclusion and innovation, ensuring exceptional service and peace of mind for every policyholder.