Associate Actuary

Remote: 
Full Remote
Contract: 
Work from: 

Offer summary

Qualifications:

Bachelor's degree in actuarial science, math, statistics, or data science., ACAS designation required., Five or more years of experience in a Property & Casualty pricing actuarial role., Proficiency in Microsoft Excel, SQL, R, and Python. .

Key responsibilities:

  • Conduct traditional actuarial analysis for commercial business products.
  • Apply advanced ratemaking and predictive analytics to enhance underwriting processes.
  • Train and mentor staff in predictive analytics implementation.
  • Present analytical findings to key stakeholders and monitor business impacts.

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HUB International Insurance XLarge http://www.hubinternational.com
10001 Employees
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Job description

Specialty Program Group (SPG) is seeking to expand its actuarial capabilities with the addition of a dynamic and collaborative professional. This position will report directly to the Vice President & Actuary and will play a key role in advancing SPG’s analytical and strategic initiatives.

In this role, you will regularly engage with cross-functional teams, including colleagues in Finance, Information Technology, the leadership of SPG’s managing general agencies (MGAs), and senior SPG executives. You will support a broad range of business written through both traditional agent/carrier relationships—often involving fronting carriers and reinsurers—as well as innovative alternative risk transfer solutions.

Key Responsibilities

  • Completion of traditional actuarial analysis for commercial business prodcts, including Commercial Auto, General Liability, and Workers’ Compensation
  • Application of advanced ratemaking and predictive analytics to improve the underwriting and/or rating processes
  • Train and mentor staff to implement predictive analytics
  • Provide an internal view of the underwriting performance of assigned books of business semi-annually
  • Present findings to key stakeholders including SPG management, MGA leadership, carriers, reinsurers, and brokers, as needed
  • Ensure impacts of business actiuvities are effectively identified, measured, and monitored
  • Perform segmentation analyses, implement analytical tools, and provide requirements for analyzing the experience of various products classification systems, rating plans, and catastrophe exposures
  • Aggregate, synthesize, and analyze data from disparate sources drawing actionable conclusions
  • Work collaboratively with the finance department during the budgeting process and on ad-hoc analyses, as needed

Qualifications

  • Bachelor's degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics, data science
  • Associate of the Casualty Actuarial Society (ACAS) designation
  • Five or more years of experience in a Property & Casualty pricing actuarial role
  • Understanding of reinsurance treaties and structures
  • Advanced Microsoft Excels and SQL Server skills required
  • Knowledge of R and Python
  • Pragmatic problem solver who can apply actuarial concepts to multiple lines of business and varied data sources

Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $65,000 to $75,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.

    Department Business Operations

    Required Experience: 5-7 years of relevant experience

    Required Travel: No Travel Required

    Required Education: Bachelor's degree (4-year degree)

    HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

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    Required profile

    Experience

    Industry :
    Insurance
    Spoken language(s):
    English
    Check out the description to know which languages are mandatory.

    Other Skills

    • Microsoft Excel
    • Collaboration
    • Problem Solving

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