Actuary - Insurance – REMOTE

WAHVE LLC; Illinois; Remote; USD 103,320 - 172,200; Full time

Benefits offered by this job

Health insurance based on eligibility

401(k) with a 4% match

Flexible schedule

Job summary

A leading insurance consultancy is looking for a remote Actuary to perform pricing studies and analyze insurance products. Candidates must have extensive experience in actuarial work and a relevant bachelor’s degree. This role offers a competitive pay range of $75.00/hr - $125.00/hr and allows for a customizable schedule.

Qualifications

• 25 years of full-time work experience required.
• 10 current years of actuarial insurance experience required.
• ACAS or FCAS designation preferred.

Responsibilities

• Perform pricing studies for profitability of insurance products.
• Analyze rating variables and recommend pricing changes.
• Assist in reserve assumptions and recommendations.

Skills

Statistical techniques for predictive models

Data manipulation in databases

SAS

SQL

R

Python

Education

Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major

Job description

Join to apply for the Actuary - Insurance – REMOTE role at WAHVE LLC

This range is provided by WAHVE LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$75.00/hr - $125.00/hr

Put your Insurance Experience to work – FROM HOME!

WHAT YOU’LL LOVE ABOUT WAHVE

We created a welcoming place to work with friendly and professional leadership. We are known for the great care we take with our staff and our clients. We are passionate and determined about delivering the best customer service, preserving insurance industry knowledge, and making a difference by the work that we do.

WHAT WE ARE SEEKING

We have assignments available to help our insurance carrier clients in Actuary or Associate Actuary positions. Responsibilities include:

• Perform pricing studies to evaluate the profitability of company’s insurance products. Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace. Perform trend analysis to understand changes in the frequency and severity of insurance claims.
• Analyze rating variables and recommend pricing changes.
• Participate in various processes such as rate reviews, modeling projects, budgets, price monitoring, etc.
• Assist in the assessment of experience, source of earnings analysis, reserve adequacy, and forward-looking drivers to develop reserve assumptions and recommendations.
• Aid in the development of rating methodologies concerning both existing and new company products.
• Possess ability to extract and manipulate data in relational databases, SAS, SQL, R or Python preferred.
• Strong experience using statistical techniques to build predictive models addressing underwriting or claim issues.
• ACAS or FCAS designation preferred but not required.

TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE

• 25 years of full-time work experience
• 10 most current years of actuarial insurance experience
• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major

BENEFITS OF BECOMING A WAHVE VINTAGE EXPERT

• Health insurance based on eligibility.
• 401(k) with a 4% match.
• Retire from the office but not from work.
• Eliminate the office stress and the commute.
• Choose the work you would like to do now.
• Customize your schedule – full or part time.
• Utilize your years of insurance industry knowledge.
• Be part of our dynamic yet virtual team environment and connect with other experienced insurance professionals like yourself!

HOW TO GET STARTED

Click APPLY NOW to complete our simple preliminary profile. Be sure to include your preferred contact information as one of our Qualification Specialists will connect with you promptly.