GuideOne Insurance Associate Actuarial Analyst – Remote Opportunity in GA, United States
As the Associate Actuarial Analyst, you will be responsible for supporting the company’s reserving and loss ratio forecasting processes. You will assist in the development and maintenance of actuarial models and tools to estimate loss reserves and evaluate the adequacy of carried reserves. You will analyze company data to identify trends, patterns, and emerging issues that may affect loss ratio and reserve adequacy as well as work with internal partners to collect, validate, and analyze data. You will assist in the preparation of reports and presentations to communicate the results of actuarial analyses to stakeholders. To be successful in the role, you will participate in the documentation of reserving and loss ratio forecasting practices in accordance with industry standards and regulatory requirements as well as stay informed of developments in the actuarial field, including changes to regulatory requirements, industry trends, and emerging issues that may impact reserving and loss ration forecasting processes. Responsibilities: • Completes rate level indications, rate comparisons in support of profitability analyses and filings. • Completes quarterly reserve analysis along with a more in-depth annual reserve analysis, by line of business, including ALAE. • Partner with filings team to coordinate the actuarial support necessary for rate filings. Required Qualifications: • Bachelor’s degree in Actuarial Science, Mathematics, Business, Finance or related field, or equivalent actuarial experience required. • Successful completion of at least one actuarial exam (preferably Exam P/1 and/or Exam FM/2) is required. • Knowledge of Microsoft Excel required. Experience with R, SQL or other querying or programming languages preferred. • Extensive knowledge of mathematical concepts. • Expected to continue to pursue CAS credentials. • Strong organization and time management skills. • Position requires employee to constantly operate a computer and other office equipment. • Employee will be required to communicate verbally and electronically. Recommended Qualifications: • Prior internship or work experience in property and casualty insurance industry preferred. Compensation: • $57,600 – $96,000 commensurate with experience, plus bonus eligibility • $63,000 – $106,000 commensurate with experience in CA, CT, MA, NJ, NY, and PA, plus bonus eligibility Get to Know GuideOne: At GuideOne, we believe that our people are our greatest asset, and we foster a sense of collaboration among our team members so they can learn from and inspire one another to deliver excellence in risk solutions and services to our customers. For more than 75 years, we’ve established a reputation as a trusted partner in the communities where we live and work, and with our steadfast commitment to help make positive change possible, we’re excited to see what we can accomplish during the next 75. Explore our values and culture, and learn why GuideOne might be a great fit for you! GuideOne is proud to offer a robust benefits suite that includes: • Competitive base salary plus incentive plans for eligible team members. • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary. • Free Basic Life and AD&D, long-term disability and short-term disability insurance. • Medical, dental and vision plans to meet your unique healthcare needs. • Wellness incentives • Generous time off program including; personal, holiday, and volunteer paid time off. • Flexible work schedules and hybrid/remote options for eligible positions. • Educational assistance program. • Company sponsored community volunteer opportunities. Apply tot his job