Senior Actuarial Analyst

Coverys, Inc.; Boston (MA); On-site; USD 105,000 - 123,500; Full time

Job summary

Coverys, Inc. in Boston seeks a Senior Actuarial Analyst to analyze insurance data and provide actionable insights. The role involves data preparation, actuarial analysis, and enhancing analytical tools.

Qualified candidates must possess a Bachelor's degree, at least 3 years of experience, and pass 4 actuarial exams. In addition, proficiency in Microsoft Office and advanced Excel skills are required. The position offers a base salary range of $105,000 to $123,500.

Qualifications

• Bachelor's degree required; 3 years of related experience and/or training.
• Minimum of 4 completed actuarial exams with passing scores.
• Ability to interpret and analyze various types of data.

Responsibilities

• Independently prepare premium, claim, and exposure data for actuarial analysis.
• Perform actuarial analyses with minimal supervision.
• Conduct reasonability checks and diagnose data or methodology issues.

Skills

Data analysis

Actuarial analysis

Communication

Microsoft Excel

Problem-solving

Education

Bachelor's degree

Tools

Microsoft Office

Tableau

R

SAS

Python

Microsoft SQL

Job description

Position Summary

The Senior Actuarial Analyst will apply actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers.

Essential Duties & Responsibilities

• Data Preparation: Independently prepare premium, claim, and exposure data for actuarial analysis, ensuring accuracy and completeness. Identify data issues and collaborate with external customers to resolve them efficiently.
• Actuarial Analysis: Perform actuarial analyses with minimal supervision, applying advanced techniques to derive insights.
• Quality Assurance: Conduct reasonability checks and diagnose data or methodology issues, ensuring the integrity of actuarial results.
• Tool Development: Develop and update actuarial tools to enhance analytical capabilities.
• Communication: Document and communicate assumptions and results to internal and external clients, translating complex actuarial concepts into understandable terms.
• Professional Development: Achieve progress toward actuarial accreditation through successful completion of actuarial exams, demonstrating commitment to professional growth.

Education, Experience, Competencies & Values

• Bachelor's degree required; 3 years of related experience and/or training required.
• Minimum of 4 completed actuarial exams or modules with passing scores.
• 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

Base salary range is $105,000 - $123,500. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

Equal Opportunity Employer

Coverys is an equal-opportunity employer. Coverys’ job openings are open to all without regard to race, color, national origin, gender, gender identity, religion, age, height, weight, disability, political beliefs, sexual orientation, marital status, family status, or veteran status.