Associate Actuary - Analytics

FMNE Insurance Company; Northern (KY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health coverage

401(k) plan

Pension plan

Wellness programs

Hybrid work model

Job summary

FMNE Insurance is seeking an Associate Actuary in our Actuarial Department to deliver data-driven pricing, reserving and analytical insights. The role emphasizes collaboration, data quality, and model development to support strategic decisions.

The candidate should have a Bachelor’s in actuarial science or related field, ACAS designation, and about four years of actuarial experience, preferably in P&C pricing and reserving. A hybrid work model is offered.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, or related field.
• ACAS designation required.
• A minimum of four years’ actuarial experience preferred.
• Experience with P&C pricing and reserving is preferred.
• Proficient in Microsoft Office with advanced Excel; programming skills in VBA, Python, R, SQL.

Responsibilities

• Demonstrates the Company’s mission and core values related to integrity, service, excellence, stability, strength, respect, and teamwork.
• Ensure data quality for analyses by validating input data, troubleshooting discrepancies, and identifying improvements.
• Develop and maintain actuarial datasets; recommend data-process improvements for accuracy and usability.
• Independently perform actuarial and analytical analyses to solve business problems.
• Develop, maintain and validate actuarial systems, models, data, reporting and procedures to fit business needs.
• Create new models and analytical tools to assist other functional areas of the Company.
• Collaborate with other units to provide analytical support for ad hoc projects and strategic initiatives.
• Maintain awareness of current and emerging statistical methods and technologies related to predictive analytics.
• Analyze and interpret data, articulate findings for target audiences.
• Develop and improve existing actuarial tools, methods, and procedures.
• Support development and training of peers in the Actuarial department.
• Regular and timely attendance in the office is an essential function.

Skills

Advanced Excel

Python

R

SQL

VBA

Data analysis

Communication

Independence

Collaboration

Education

Bachelor's degree in actuarial science, mathematics, statistics, or related field

ACAS

Tools

Excel (Advanced)

VBA

Python

R

SQL

Job description

FMNE Insurance is seeking an Associate Actuary in our ActuarialDepartment. We’re looking for a collaborative and analytical actuarial professional who enjoys solving complex business challenges through data-driven insights and strategic decision-making.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis.

We offer a competitive salary and a comprehensive benefits package, including health coverage, a generous 401(k), pension plan, wellness programs and a hybrid work model for eligible employees.

Role Overview of an Associate Actuary - Analytics

An Associate Actuary is responsible for, but not limited to, design, development, and application of methods and procedures to collect, analyze, and interpret statistical data relating to product pricing and design, and loss reserving analysis.

Responsibilities of an Associate Actuary - Analytics

• Demonstrates the Company’s mission, while successfully performing its core values related to integrity, service, excellence, stability, strength, respect, and teamwork.
• Ensure data quality for analyses by validating input data, troubleshooting discrepancies, and identifying improvements.
• Develop and maintain actuarial datasets, recommend enhancements for data processes to improve accuracy and usability.
• Independently perform actuarial and analytical analyses to solve business problems.
• Develop, maintain and validate actuarial systems, models, data, reporting and procedures to ensure that these are aligned with business needs and fit for purpose.
• Create new models and analytical tools to assist other functional areas of the Company.
• Collaborate with other business units to provide analytical support for ad hoc projects and initiatives, applying actuarial techniques to address emerging business questions and contribute to strategic decision-making.
• Maintain awareness of current and emerging statistical methods and technologies related to predictive analytics.
• Analyze and interpret data, draw business inferences, and clearly articulate findings for target audiences.
• Develop and improve existing actuarial tools, methods, and procedures.
• Support the development and training of peers in the Actuarial department.
• Regular and timely attendance in the office is an essential function of the position.

Skills and Qualifications of an Associate Actuary - Analytics

• Bachelor’s degree in actuarial science, mathematics, statistics, or a related field required.
• Associate of the Casualty Actuarial Society (ACAS) required.
• A minimum of four years’ experience within the actuarial field or related area is preferred.
• Experience with P&C pricing and reserving is preferred.
• Proficient in Microsoft Office programs, with advanced skills in Excel.
• Advanced programming skills in languages such as VBA, Python, R, SQL, etc.
• Experience with extracting and manipulating large datasets.
• Strong quantitative and analytical abilities.
• Excellent written and verbal communication skills.
• Self-motivated, detail-oriented, and capable of working independently and collaboratively.

FMNE Insurance recognizes that an individual with a disability may require an accommodation to enable them to successfully perform a job function. Should you require such an accommodation, please indicate the job function and suggested accommodation during the interview process. FMNE Insurance will attempt to make reasonable accommodations.