Actuarial Analyst

Our Client, a mutual insurance company which focuses on auto, property, business, and life Insurance, is looking for an Actuarial Analyst for their Columbia, MO location.

Location: Columbia, MO (onsite)

Salary Range: $68-$101k (flexible/based on experience) Profit Sharing Benefits

Job Profile Summary

Participates in development and maintenance of the Actuarial Department’s reporting and data extraction infrastructure. Prepares rate change indications using generally accepted actuarial methods. Prepares property and casualty rate/rule change proposals and provides support for the filing of changes. Participates in the development of improved ratemaking procedures for existing products and develops ratemaking procedures for new products. Conducts research and data reporting as directed for external parties’ usage.

Job Description

Duties & Responsibilities

• Accountable for maintaining ratemaking data infrastructure and routine reporting to meet the needs of the department.
• Responsible for the completeness and accuracy of rate indications and rate adjustment recommendations.
• Responsible for developing knowledge of generally accepted actuarial ratemaking methods and new technologies or methodologies as they emerge.
• Assists in modeling and ongoing data analysis. Accountable for excellent time management and the ability to multitask effectively.
• Builds knowledge of current and emerging actuarial principles and practices by successfully completing Casualty Actuarial Society exams.
• Performs other duties as directed by Property and Casualty Actuaries or in response to management initiatives.
• Other duties may be assigned to meet ongoing business needs.
• Ability to perform essential functions of the job, with or without a reasonable accommodation.

Skills, Education, & Work Experience

• Experience with programming and the use of data analysis tools; SAS experience preferred.
• College degree in a field with sufficient background in mathematics and/or statistics, with strong proficiency in advanced mathematics, probability, and statistics.
• Potential for success on the Casualty Actuarial Society exams, preferably with completion of at least one CAS exam.
• Ability to communicate effectively and work well with others.