EMC Insurance Companies

Keeping insurance human

Senior Actuarial Analyst – Predictive Modeling

ActuaryActuaryFull TimeRemoteTeam 1,001-5,000Since 1911H1B No SponsorCompany SiteLinkedIn

Location

Iowa

Posted

40 days ago

Salary

$72.7K - $99.8K / year

Bachelor Degree2 yrs expExperience acceptedEnglishSQL

Job Description

• Performs moderately complex actuarial work for ratemaking, reserving and/or modeling • Completes and coordinates the completion of pricing, reserving, and/or modeling work assignments including data preparation and analysis, and presents recommendations to key stakeholders • Applies industry standard methodologies and techniques for pricing, reserving, and/or modeling • Demonstrates methodologies and assumptions for other team members as appropriate • Tests, measures, and documents impacts of changes to methods, assumptions, and model variables • Researches market trends and emerging issues for potential impacts to EMC and opportunities for implementation • Ensures actuarial work conforms to professional standards • Recognizes, acknowledges, and documents assumptions, biases, and limitations • Detects and corrects errors in own and others’ work as identified in part of a peer review process • Utilizes Microsoft office products such as Excel, Word, PowerPoint, Power BI, as well as programming languages such as SQL to perform moderately complex pricing, reserving, and/or modeling analysis • Develops and maintains dynamic and macro driven Excel templates and data solutions for each line of business, state, and program • Addresses unique operational issues requiring special attention such as challenges posed by state regulatory requirements and/or changing economic environment

Job Requirements

  • Bachelor’s degree in actuarial science, math, or statistics
  • Two years of actuarial experience, relevant internship experience will be considered
  • Completion of VEEs and at least two actuarial exams
  • Strong knowledge of mathematics, probability, statistics, and financial mathematics
  • Proficiency in Pricing or Reserving in at least 2 lines of business
  • Strong knowledge of Microsoft office products (Excel, Word, Powerpoint, Power BI)
  • Knowledge of at least one programming language, such as SQL preferred
  • Strong analytical, investigation, and problem solving abilities
  • Knowledge of P&C organization structure, including claims and underwriting processes
  • Knowledge of basic accounting principles

Benefits

  • Health insurance
  • 401(k) matching
  • Competitive paid time off plan
  • Full day of volunteer time off annually
  • Professional development and growth opportunities including tuition reimbursement
  • Wellness initiatives to improve team member well-being and reduce health insurance costs
  • Flexibility to dress for your day and opportunities for alternative work arrangements

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