Associate Actuary P&C

Smith Hanley; Lincoln (NE); Hybrid; USD 150,000 - 175,000; Full time

Job summary

Smith Hanley is seeking an Associate Actuary in the P&C area to perform rate adequacy analyses, maintain actuarial datasets, and support financial reporting through loss reserve analysis. This role also collaborates with business units on strategic initiatives and helps enhance actuarial tools and methodologies.

The position requires strong coding skills (VBA, Python, R, SQL), excellent communication, and the ability to extract and manipulate large datasets, with mentoring responsibilities for

Qualifications

• ACAS designation required with degree in actuarial science, mathematics, or related field.
• Four+ years actuarial experience, preferably in P&C pricing and reserving.
• Proficient in Microsoft programs with advanced Excel skills.
• Strong programming skills (VBA, Python, R, SQL).

Responsibilities

• Perform rate adequacy analyses.
• Maintain actuarial datasets and implement rate changes.
• Support financial reporting through loss reserve analysis.
• Collaborate with business units on strategic initiatives.
• Enhance actuarial tools and methodologies; ensure data integrity.
• Provide mentorship and training to actuarial peers.

Skills

Data extraction & manipulation

Communication skills

Analytical thinking

Education

ACAS designation

Degree in actuarial science/mathematics

Tools

VBA

Python

R

SQL

Excel (advanced)

Job description

Position: Associate Actuary P&C

Location: Midwest (Remote or Hybrid)

Salary: $150,000-175,000 + Bonus

Actuarial Summary: The Actuarial Associate is responsible for conducting rate adequacy analyses, maintaining actuarial datasets, implementing rate changes, and supporting financial reporting through loss reserve analysis. They collaborate with business units on strategic initiatives, enhance actuarial tools and methodologies, and ensure data integrity. Additionally, they provide mentorship and training to actuarial peers.

Key Responsibilities & Qualifications:

• Minimum of four years of actuarial experience, preferably in P&C pricing and reserving.
• ACAS designation required with a degree in actuarial science, mathematics, or related field.
• Proficient in Microsoft programs with advanced Excel skills.
• Strong programming skills (VBA, Python, R, SQL).
• Ability to extract and manipulate large datasets.
• Excellent communication, analytical, and problem-solving skills.