Senior Actuary

Talently; San Mateo (CA); Remote; USD 150,000 - 200,000; Full time

Job summary

A leading company in the insurance industry is seeking a Senior Actuary to revolutionize commercial insurance operations. You will develop pricing models, conduct analyses, and provide insights to enhance risk management and customer experience. This role requires extensive experience and proficiency in actuarial science and programming languages.

Qualifications

• FCAS certification required.
• 10+ years of experience in commercial insurance lines.
• Expert experience in statistical modeling and data analysis.

Responsibilities

• Develop and maintain commercial lines pricing models.
• Conduct reserve analyses and loss projections.
• Collaborate with underwriting teams to optimize guidelines.

Skills

Actuarial Science

Python

MySQL

Commercial Lines

Property and Casualty Insurance

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

R

Actuarial software

Job description

Job Title: Senior Actuary

Location: Remote

Salary: $150,000 - $200,000

Skills: Actuarial Science, Actuary, Python, MySQL, Commercial Lines, Property and Casualty Insurance

About the Insurance Industry Company / The Opportunity:

Are you ready to revolutionize the trillion-dollar commercial insurance industry? This opportunity offers the chance to work with cutting-edge predictive models leveraging real-time IoT data to better understand and price risk. You will play a key role in transforming traditional insurance operations with personalized risk scoring, faster underwriting, modernized claims, and proactive data-driven insights. Join a dynamic company in the insurance industry that is redefining efficiency, customer experience, and risk management on a massive scale.

• Responsibilities:Develop and maintain commercial lines pricing models and rating structures.
• Conduct reserve analyses and loss projections for commercial insurance portfolios.
• Perform detailed portfolio analyses to identify trends, opportunities, and areas of concern.
• Collaborate with underwriting teams to optimize guidelines and risk selection.
• Provide actuarial insights to inform product development and business strategy.
• Support regulatory filings and respond to inquiries from regulatory bodies.
• Lead complex projects and mentor junior team members.
• Present actuarial findings and recommendations to senior leadership.

• Must-Have Skills:FCAS certification.
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
• 10+ years of experience in commercial insurance lines (property or casualty).
• Expert experience in statistical modeling and data analysis.
• Proficiency in actuarial software and programming languages such as R, Python, and SQL.

• Nice-to-Have Skills:
• Experience with large account pricing and risk evaluation.
• Familiarity with reinsurance concepts and structures.
• Knowledge of predictive modeling techniques applicable to commercial insurance.
• Understanding of emerging risks and their potential impact on commercial portfolios.