Associate Actuary - Pricing

Coverys; United States; On-site; USD 115,000 - 155,000; Full time

Job summary

Coverys is seeking an Associate Actuary to apply actuarial concepts to analyze premium, claim and exposure information, and to provide analyses and commentary to internal and external customers. The role also leads team initiatives.

Responsibilities include developing methodologies, leading projects, performing peer reviews, updating models, and communicating conclusions clearly. A Bachelor's degree and ACAS are required, with 5+ years of related experience; proficiency in Excel and SQL tools is

Qualifications

• Bachelor's degree required; 5+ years of related experience and/or training required.
• ACAS required.
• Ability to interpret and analyze various types of data.
• Ability to write reports and correspondence.
• Ability to present analytical analyses and concepts to diverse groups.
• Microsoft Office proficiency; advanced knowledge of Microsoft Excel.
• Experience with Tableau, R, SAS, Python or Microsoft SQL for data extraction and manipulation.

Responsibilities

• Design and Methodology: Develop actuarial templates and recommend methodologies to enhance analytical processes.
• Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within the team.
• Project Management: Manage actuarial projects, ensuring timely and accurate completion.
• Peer Review: Conduct thorough peer reviews of actuarial work to ensure accuracy and reliability.
• Model Augmentation: Enhance and update existing actuarial models to improve their effectiveness.
• Innovative Analysis: Perform and improvise analyses on unfamiliar topics, determining appropriate methods and deviating from standard tools/formulas when necessary.
• Justification and Communication: Justify and explain actuarial work and decisions clearly and effectively.
• Team Collaboration: Communicate effectively across the team, ask for help when needed, and mentor junior team members.

Skills

Data analysis

Report writing

Presentations

Communication

Mentoring

Education

Bachelor's degree

ACAS designation

Tools

Tableau

R

SAS

Python

Microsoft SQL

Excel (Advanced)

Job description

Position Summary

The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers. Recommends methodology changes and leads team initiatives.

Essential Duties & Responsibilities

• Design and Methodology: Develop actuarial templates and recommend methodologies to enhance analytical processes.
• Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within the team.
• Project Management: Manage actuarial projects, ensuring timely and accurate completion.
• Peer Review: Conduct thorough peer reviews of actuarial work to ensure accuracy and reliability.
• Model Augmentation: Enhance and update existing actuarial models to improve their effectiveness.
• Innovative Analysis: Perform and improvise analyses on unfamiliar topics, determining appropriate methods and deviating from standard tools/formulas when necessary.
• Justification and Communication: Justify and explain actuarial work and decisions clearly and effectively.
• Team Collaboration: Communicate effectively across the team, ask for help when needed, and mentor junior team members.

Education, Experience, Competencies & Values

• Bachelor's degree required; 5+ years of related experience and/or training required.
• ACAS required.
• Ability to interpret and analyze various types of data.
• Ability to write reports and correspondence.
• Ability to present analytical analyses and concepts to diverse groups.
• Microsoft Office proficiency required to analyze and present actuarial information (Word, Access, PowerPoint, etc.) Advanced knowledge of Microsoft Excel.
• Working knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL, which includes data extraction and manipulation.

Base salary range is $114,650 - $155,110. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!