BBInsurance

Actuarial Analyst

Remote - USA Full time

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

SUMMARY

The Actuarial Analyst is a vital, value-added asset for Arrowhead Intermediaries.  They provide actionable data insights & rate strategies and collaborate with program leaders in making key strategic decisions in multiple business units across the organization.  By taking a proactive approach and delivering timely recommendations, the Analyst helps each program advocate for profitable growth on its own terms.

The Analyst will analyze program performance and trends; analyze market performance and trends; price programs that marketable and profitable; establish adequate loss reserves; produce reports that affect company balance sheet; keep products statistically sound with regulatory approval.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Include the following:

  • Prepare & analyze all program data available.
  • Analyze available market data.
  • Perform Loss Reserve, Loss Trend, and Premium Trend Analyses
  • Prepare rate level indications
  • Select appropriate rate level for all programs
  • Annual, quarterly, and monthly reporting: price level indications; incurred and paid loss development
  • Product development and market level surveys.
  • Other duties as assigned

CERTIFICATES LICENSES AND REGISTRATION

  • Completion of at least three CAS/SOA Exams

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Excellent Communication Skills
  • Adaptable and flexible, capable of effectively responding to changing needs
  • Microsoft Excel advanced user
  • R-Studio and SQL is a plus
  • 2+ years of relevant actuarial experience; emphasis on ratemaking experience preferred

Pay Range

$100,000 - $120,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. 

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.