Lead Actuary – Pricing, Reserving & Modeling

PEMCO

Idaho

On-site

USD 114,000 - 215,000

Full time

6 days ago
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Benefits offered by this job

401(k) plan with employer match
Vacation and paid holidays
Floating holidays and sick leave
Education assistance
Scholarship program for employees' 子
Flexible Spending Accounts
Discretionary bonuses
Performance-based incentives

Job summary

PEMCO is seeking an experienced actuary to join our Product Development team in the Seattle area. You will contribute to profitability assessments, pricing, reserving, and modeling, collaborating with product partners to shape insurance offerings.

The role emphasizes data-driven decision making, regulatory alignment, and ongoing process improvements. Ideal candidates have ACAS, strong programming skills, and a passion for actuarial excellence.

Qualifications

  • Bachelor’s degree in Mathematics or equivalent required.
  • 5 years of property casualty actuarial experience focusing on rate-making.
  • Strong technical aptitude and programming experience.
  • ACAS designation required.
  • Detail oriented with a strong desire for accuracy.
  • Proficient in Python, R, SAS and/or SQL; Radar/Emblem/ResQ is a plus.
  • Analytical thinker who can translate data into insights.

Responsibilities

  • Conduct internal loss reserving to track trends and forecast trends.
  • Apply advanced actuarial techniques for pricing and rate indications.
  • Develop and refine actuarial models under guidance.
  • Collaborate with partners on product decisions and impacts.
  • Prepare regulatory filings aligned with objectives and compliance.
  • Inform stakeholders about trends and risks in annual forecast.
  • Investigate actuarial issues and emerging trends proactively.
  • Act as consultant for advanced mathematics and modeling needs.
  • Uphold PEMCO policies, values, and ethics, and support brand.
  • Identify and recruit top actuarial talent to support growth.

Skills

Python
R
SAS
SQL
Excel
Mathematics
Statistics
Modeling

Education

B.A. or B.S. in Mathematics or equivalent
ACAS

Tools

Radar
Emblem
ResQ

Job description

PEMCO is seeking an experienced actuary to join our Product Development team in the Seattle area. You will contribute to profitability assessments, pricing, reserving, and modeling, collaborating with product partners to shape insurance offerings.

The role emphasizes data-driven decision making, regulatory alignment, and ongoing process improvements. Ideal candidates have ACAS, strong programming skills, and a passion for actuarial excellence.

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