About the role

  • Actuarial Analyst supporting various pricing and financial projection functions at Automobile Protection Corporation. Requires actuarial science background with advanced analytical skills.

Responsibilities

  • Provide support for pricing projects
  • Compile data to be used in analysis
  • Analyze production and loss experience by agent, dealer, plans, classes, terms, and other rating variables to determine key drivers for product performance
  • Use actuarial methods to determine proper rate levels by product
  • Identify high loss dealers and develop high risk rates for them
  • Create write-up of pricing recommendations for leadership review
  • Provide support for implementation of new rates
  • Prepare underwriting request with supporting documents for carrier review
  • Provide rates to Operations for implementation
  • Create or update rate cards used by Sales
  • Provide loss experience requested by Sales
  • Review exception requests from Sales and recommend responses
  • Provide support for financial projections and liability estimates including Profit share forecasts
  • Calculating buyout offers for agreements with contingent liabilities
  • No Charge-Back reserves
  • Roadside reserves
  • Assist in other tasks as needed
  • Setup earnings for new programs
  • Review application of earnings curves
  • Serve as testing lead for department

Requirements

  • Bachelors of Science degree in Actuarial Science, Mathematics, Statistics, or related field
  • 2 or more years prior work experience in actuarial, risk management, or similar function
  • Prior work experience with vehicle service contracts preferred
  • Advanced Excel knowledge
  • Proficient with MS Office suite
  • Knowledge of SQL, PowerBI, or other data analysis tools preferred

Benefits

  • Drug Free Workplace
  • Equal Opportunity Employer

Job title

Actuarial Analyst

Job type

Experience level

JuniorMid level

Salary

$100,000 - $140,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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