Actuarial Analyst-Sr.

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands.

Independence American Insurance Company (IAIC), a subsidiary of IPH, has over 50 years of underwriting experience and a history of innovation in the pet insurance industry. IAIC has built a reputation as a trusted and dependable partner. We are a pet-focused underwriter with deep insurance industry experience, offering a product with proven consumer appeal.

Job Summary

Independence American Insurance Company (IAIC) is seeking a Actuarial Analyst-Sr. to analyze and evaluates the likelihood of future events to reduce and manage future financial risks.

Main Responsibilities

• Completes and interprets actuarial analysis, valuations, cost estimates, and modeling using mathematics, statistical programming, and financial theory.
• Assists with the completion of rate filing documents for all states.
• Researches rate filings, as needed.
• Maintains and updates existing models, tools, and other files used for analysis.
• May prepare reserving, forecasting, rate filings, pricing analysis, and experience reports for review.
• Completes ad hoc reporting, as necessary.
• Completes appropriate database work, as necessary.
• Performs other duties and responsibilities as assigned
  
  

Basic Qualifications

• Experience: 4 years’ relevant experience
• Education: Bachelor’s Degree in Math, Finance, Actuarial Science, Economics, Accounting, Computer Information Systems, other quantitative field, or equivalent work experience (One-year relevant experience is equivalent to one-year college)
• Licenses/Certifications: Must have passed Four Actuarial Exams
  
  

Level Specific Responsibilities

• Duties are broad in nature, usually requiring originality and ingenuity
• Possesses and applies broad knowledge of principles, practices, and procedures to the completion of difficult assignments
• Develops complex actuarial models
• Interprets rate objects and prepares responses and rating support.
• Interprets rate regulations and applies them appropriately to rating development and support
  
  

Accountability/Complexity

• May manage projects requiring the responsibility of delegation of work and review of resulting work product
• Works independently under limited supervision
• May be responsible for providing guidance,
• coaching, and training to other employees within job area
  
  

#carrier

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

• Comprehensive full medical, dental and vision Insurance
• Basic Life Insurance at no cost to the employee
• Company paid short-term and long-term disability
• 12 weeks of 100% paid Parental Leave
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• Retirement savings plan
• Personal Paid Time Off
• Paid holidays and company-wide Wellness Day off
• Paid time off to volunteer at nonprofit organizations
• Pet friendly office environment
• Commuter Benefits
• Group Pet Insurance
• On the job training and skills development
• Employee Assistance Program (EAP)