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Associate Actuary - Pricing

Coverys
Posted 4 months ago, valid for 12 days
Location

Boston, MA 02212, US

Salary

$131,845 - $155,110 per year

Contract type

Full Time

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Sonic Summary

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  • The Associate Actuary role involves applying actuarial concepts to analyze insurance premium, claim, and exposure information.
  • Candidates are required to have a Bachelor's degree and at least 5 years of related experience, along with ACAS, ASA, or AIA certification.
  • The position includes responsibilities such as developing actuarial templates, leading team initiatives, and managing projects for timely completion.
  • The base salary for this role ranges from $131,845 to $155,110, with individual compensation based on various candidate-specific factors.
  • Coverys seeks caring and customer-focused individuals who enjoy collaborating with passionate team members.

Position Summary

The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers. Recommends methodology changes and leads team initiatives.

Essential Duties & Responsibilities

  • Design and Methodology: Develop actuarial templates and recommend methodologies to enhance analytical processes.

  • Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within the team.

  • Project Management: Manage actuarial projects, ensuring timely and accurate completion.

  • Peer Review: Conduct thorough peer reviews of actuarial work to ensure accuracy and reliability.

  • Model Augmentation: Enhance and update existing actuarial models to improve their effectiveness.

  • Innovative Analysis: Perform and improvise analyses on unfamiliar topics, determining appropriate methods and deviating from standard tools/formulas when necessary.

  • Justification and Communication: Justify and explain actuarial work and decisions clearly and effectively.

  • Team Collaboration: Communicate effectively across the team, ask for help when needed, and mentor junior team members.

Education, Experience, Competencies & Values

  • Bachelor's degree required; 5+ years of related experience and/or training required.

  • ACAS required.

  • Ability to interpret and analyze various types of data.

  • Ability to write reports and correspondence.

  • Ability to present analytical analyses and concepts to diverse groups.

  • Microsoft Office proficiency required to analyze and present actuarial information (Word, Access, PowerPoint, etc.) Advanced knowledge of Microsoft Excel.

  • Working knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL,  which includes data extraction and manipulation.

Base salary range is $114,650 - $155,110. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!




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