Actuary

About This Role

Join WAHVE's platform to utilize your actuarial expertise in a remote, long-term position, helping insurance carrier clients with pricing, product evaluation, and reserve analysis while maintaining work/life balance.

Responsibilities

• Perform pricing studies to evaluate the profitability of company’s insurance products.
• Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace.
• Perform trend analysis to understand changes in the frequency and severity of insurance claims.
• Analyze rating variables and recommend pricing changes.
• Participate in various processes such as rate reviews, modeling projects, budgets, and price monitoring.
• Assist in the assessment of experience, source of earnings analysis, reserve adequacy, and forward-looking drivers to develop reserve assumptions and recommendations.
• Aid in the development of rating methodologies concerning both existing and new company products.

Requirements

• 25 years of full-time work experience
• 10 most current years of actuarial insurance experience
• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major
• Ability to extract and manipulate data in relational databases, SAS, SQL, R, or Python
• Strong experience using statistical techniques to build predictive models addressing underwriting or claim issues

Qualifications

• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or related major
• 10 most current years of actuarial insurance experience; 25 years of full-time work experience

Nice to Have

• ACAS or FCAS designation

Skills

* Required skills

Benefits