Associate Actuary

American Modern Insurance Group

Augusta (GA)

Hybrid

USD 80,000 - 110,000

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Benefits offered by this job

Health insurance

401(k) with employer match

Paid time off

Tuition assistance

Job summary

A leading insurance company is seeking an Associate Actuary to manage actuarial and predictive modeling analyses. The role is flexible with a hybrid work schedule and requires at least six years of experience. The position offers extensive benefits, including health insurance, a robust 401(k) plan, and professional development opportunities.

Qualifications

At least six years of (re)insurance/actuarial experience.
Exceptional problem-solving and judgment skills.
Ability to manage complex projects.

Responsibilities

Manage actuarial and predictive modeling analyses.
Lead projects requiring multiple resources.
Ensure all work complies with Actuarial Standards.

Skills

Proficient computer skills

Actuarial software experience

Modeling stochastic distributions

Education

Bachelor’s Degree in Mathematics or related field

Membership in the Casualty Actuarial Society (ACAS)

Membership in the American Academy of Actuaries (MAAA)

Job description

Associate Actuary (ACAS)

Location: Remote candidates available during Eastern business hours; hybrid schedule for local candidates (40‑50% in the Amelia, OH office). Recruiter: Sonya Fischesser. Exempt position. Applicants requiring visa sponsorship will not be considered.

American Modern Insurance Group, a Munich Re company, delivers products and services for residential property and the recreational market, covering what competitors often cannot. We write admitted products in all 50 states and have a premium volume of $1.9 billion.

Purpose: Manage, direct the development, analysis, evaluation and modeling of potential solutions using actuarial and/or predictive modeling methods to support the company’s financial profitability and production goals. Act as a high‑level technical expert, work with management and corporate areas to provide strategic direction, lead projects for model and database updates, and collaborate on technical items.

Roles & Responsibilities

Complete actuarial and/or predictive modeling analyses (rate filings, ultimate loss projections, pricing studies, risk capital modeling, portfolio analysis, research projects). Lead projects/analysis requiring multiple resources.
Direct modification and enhancement of existing applications to address specific issues. Coordinate and prioritize use of modeling resources.
Direct completion of required data preparation and identify complex data and operational issues requiring actuarial attention.
Manage communication, documentation, and coordination of information and technical issues between actuarial departments and internal/external colleagues.
Lead development of new methodologies, products and procedures for American Modern. Maintain current knowledge of industry trends and products.
Peer‑review technical actuarial and/or predictive modeling work and provide constructive feedback. Coach less‑experienced employees.
Participate or lead training of other staff (underwriters, product analysts, accountants, actuaries, claims associates) on model use, study reviews and interpretation of results.
Manage work for non‑direct reports, including other actuaries, predictive modelers, programmers and support staff.
Pass actuarial exams and attain continuing education per the US Qualification Standard issued by the American Academy of Actuaries.
Ensure all work complies with applicable Actuarial Standards of Practice.
Maintain an expert level of technical actuarial and statistical skills and adapt to changing products and dynamics, sharing knowledge with others.
Apply judgment and problem‑solving skills to address complex, high‑profile issues.

Required Technical Skills

Proficient computer skills and application of MS Office Suite, including actuarial software used for reserving, ratemaking, pricing, modeling stochastic distributions or data analysis.

Skills / Knowledge / Experience

Generally, at least six (6) years of (re)insurance/actuarial experience is required to manage and direct the development of actuarial and predictive modeling solutions.

Pricing Experience Preferred.

Education, Certifications & Designations

Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related field requiring modeling, programming, or quantitative analysis.
Membership in the Casualty Actuarial Society and attainment of Associateship (ACAS).
Membership in the American Academy of Actuaries (MAAA).

Benefits

Health insurance (PPO or high‑deductible) with prescription drug coverage.
Vision and dental insurance.
Short‑ and long‑term disability coverage.
Supplemental life and AD&D policies for employee, spouse/domestic partner and children.
Voluntary benefit plans (Accident, Critical Illness, Hospital Indemnity).

Additional Benefits

Robust 401(k) plan with up to 5% employer match.
100% company‑funded retirement savings plan.
Paid time off starting at 24 days per year with additional days for milestone anniversaries.
Yearly bonus for Munich Re employees.
Health and wellness programs at no cost.
Hybrid environment for flexible work.
On‑site cafeteria and coffee shop.
On‑site workout facility, walking trails, and wellness center with nurse practitioner.
Financial assistance for adoptions and infertility treatment.
Paid family care leave.
Tuition assistance and educational achievement bonuses.
Free parking.
Corporate matching gifts program.
Paid volunteer time off.

Equal Opportunity Employer

We are an equal‑opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Seniority level