Associate Actuary
Our client is a leading P&C Insurance Carrier looking to grow their actuarial team. In this role, you will support the development and maintenance of actuarial models used to price insurance products, estimate reserves, and assess risk. Working under the guidance of senior actuaries, they analyze large datasets, apply statistical techniques, and interpret trends to inform business decisions.
Responsibilities:
- Analyze insurance data to identify trends and assess risk.
- Develop and maintain pricing models for P&C insurance products.
- Assist in setting and evaluating loss reserves for claims.
- Support financial reporting and regulatory compliance efforts.
- Collaborate with underwriting and product teams to design and refine insurance offerings.
- Conduct profitability and portfolio analysis to guide business strategy.
- Prepare actuarial reports and present findings to internal stakeholders.
- Contribute to the development of predictive models using statistical and machine learning techniques.
- Ensure accuracy and consistency in actuarial methodologies and documentation.
- Stay current with industry trends, regulatory changes, and actuarial best practices.
Qualifications:
- Progress toward Fellowship (e.g., FCAS) is a plus
- Strong analytical and quantitative skills
- Proficiency in Excel and actuarial software; experience with SQL, R, Python, or SAS preferred
- Familiarity with predictive modeling and statistical techniques
- Excellent written and verbal communication skills
- Ability to work independently and collaboratively in a team environment
- Strong attention to detail and organizational skills
- Knowledge of insurance principles, regulations, and P&C product lines
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