Actuary - Insurance - REMOTE

Rhode Island Bar Assn.; Northern (KY); Hybrid; USD 110,000 - 180,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Voluntary dental/vision

AD&D

Remote work

Job summary

WAHVE is seeking experienced actuaries to work from home in a long-term remote role with company benefits. The position offers full or part-time schedules, enabling you to retire from the office but continue contributing your insurance expertise.

Responsibilities include pricing studies, rating variable analysis, rate reviews, and model projects. ACAS/FCAS preferred but not required; 25 years of full-time actuarial work and 10 recent years in insurance are requested.

Qualifications

• 25 years of full-time actuarial work experience.

Responsibilities

• Perform pricing studies to evaluate profitability of insurance products.
• Analyze rating variables and recommend pricing changes.
• Participate in rate reviews, modeling projects, budgets, price monitoring.
• Assist in experience analysis, reserve adequacy, and forward-looking drivers.
• Develop rating methodologies for existing and new products.

Skills

Actuarial experience

Pricing analysis

Statistical modeling

Data interpretation

Education

Bachelor’s degree in actuarial science or related major

Tools

SAS

SQL

R

Python

Job description

Put your Insurance Experience to work – FROM HOME!

At WAHVE, we value significant insurance experience and want to revolutionize the way people think about phasing into retirement by offering qualified candidates the opportunity to continue their career working from home. As we say – retire from the office but not from work. Our unique platform provides you with real work/life balance and allows you to choose a full or part-time work schedule while continuing to utilize your insurance expertise in a remote, long-term position which includes company benefits!

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 based on eligibility.
• Voluntary Dental, Vision, Life Insurance and Accidental Death & Dismemberment (AD&D).
• Retire from the office but not from work.
• Eliminate the office stress and the commute.
• Choose the work you would like to do now.
• Available in either full or part-time schedules.
• 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!