Assist senior actuary staff with various responsibilities and functions.
Learn actuarial theories and procedures.
Help design and build models, tools, applications, systems, and platforms for actuarial and data science analytical work.
Data extraction from various sources and systems and manipulate the data: Moderately complex calculations.
Work with very detailed insurance data: premium and loss data, exposure data, and financial data.
Calculate premium rate changes, exposure changes, loss development factors, and other quantities.
Produce reports and high-quality exhibits graphs, tables etc. for senior actuarial and business use.
Actuarial Pricing and Profitability Studies for individual accounts and entire portfolios.
Quarterly Actuarial Loss Reserving and year end analysis: Work with Loss Development Triangles.
Financial Modeling, Financial Plan, and Scenario Stress Testing.
Build pricing tools and pricing models.
Deductibles and Increased limit factors.
Work with loss models, frequency and severity distributions, aggregate loss distributions, simulations, time series, correlation and covariance, parameter estimation, model best fit, etc.
Develop programming models that start with basic data and follow the conceptual path to a business objective.
Quickly develop a very high level of skill in programming systems: Microsoft Excel, Microsoft Access, VBA macros, SQL, Programming Language R, Python.
Requirements
Currently enrolled in a university degree program in Actuarial Sciences, Mathematics, Statistics, or other relevant disciplines.
Solid academic standing in Mathematics, Statistics, and analytical skills at the university undergraduate level.
Strong interest in developing a very high level of programming and data analytic skills.
Basic knowledge of insurance principles.
Strong oral and written communication skills across a broad range of subjects.
Very strong work ethic and willingness to continually learn.
Completion of one Casualty Actuarial Society exam is preferred.
Tech Stack
Python
SQL
VBA
Benefits
A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
Competitive time off policy
Employee & Family Assistance Programs
Participation in our national employee committees’ initiatives – social responsibility, employee engagement, diversity, equity & inclusion