Overview
A financial services organization is seeking a Senior Actuarial Analyst to develop and support a robust pricing and/or reserving framework within their insurance division. This role involves leading projects independently from inception through execution, including advanced analytics and communicating results to management and senior leadership. The position offers high visibility and opportunities for advancement, with potential responsibilities for mentoring entry-level actuarial analysts.
Responsibilities
- Develop and support pricing and reserving frameworks using standard actuarial techniques and advanced modeling
- Lead and communicate advanced analytics projects to management and senior leadership
- Foster innovation within the actuarial team and across the organization
- Collaborate with product development, pricing, and reserving teams
- Develop rate and reserve indications, segmentation analyses, and predictive models
- Support professional development of self and other associates in actuarial functions
Requirements
- ACAS designation preferred or near completion; at least 5 Casualty Actuarial Society exams passed
- Minimum 4 years of actuarial experience, with exposure to advanced ratemaking and/or reserving preferred
- Strong communication and relationship-building skills
- Ability to adapt quickly to changing priorities
- Excellent problem-solving and critical thinking abilities
- Detail-oriented and well-organized
- Strong work ethic
- Bachelor’s degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
- Programming skills in SQL, R, and/or Python
- Must be authorized to work in the U.S. on a permanent basis
Preferred Qualifications
- Experience mentoring or developing junior actuarial staff
- Demonstrated leadership skills
Compensation & Benefits
- Base salary range: $85,000 - $150,000 USD, determined by role scope, experience, education, certifications, and qualifications
- Eligibility for annual incentive compensation based on personal and company performance
- Paid time off starting at 20 days, plus 11 paid holidays and 8 hours of volunteer time annually
- Comprehensive 401(k) retirement plan with matching and company contributions
- Student loan repayment assistance, tuition reimbursement, employee stock purchase plan
- Flexible health insurance options including medical, dental, vision, life insurance, disability coverage, and health savings accounts with employer contributions
- Family support benefits including adoption, surrogacy, fertility assistance, paid parental and caregiver leave, dependent care flexible spending accounts, and childcare discounts
- Employee assistance programs and wellness initiatives
- Potential eligibility for travel allowances, relocation assistance, signing bonuses, and equity depending on role
Location & Work Schedule
- Position based in Detroit with a hybrid work schedule or fully remote option
- Work schedule details to be discussed during the hiring process and subject to change based on business needs