SonicJobs Logo
Left arrow iconBack to search

Entry Level Actuarial Associate - HYBRID

DB Insurance Co., Ltd.
Posted 2 months ago, valid for a month
Location

Anaheim, CA 92825, US

Salary

$55,000 - $70,000 per year

Contract type

Full Time

Paid Time Off
Life Insurance
Flexible Spending Account

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • DB Insurance is seeking an Entry Level Actuarial Associate for their Automotive Insurance team located in Anaheim, CA.
  • The position offers a salary ranging from $26.50 to $31.25 per hour and requires a bachelor's degree in a relevant field.
  • Candidates should have successfully completed one or more actuarial exams and possess strong analytical skills.
  • This full-time role involves supporting actuarial analysis, managing product sheets, and collaborating with cross-functional teams.
  • Benefits include 100% coverage for medical, dental, and vision insurance, paid time off, and a 401(k) plan with company match.

Job Title

  • Entry Level Actuarial Associate

Location: 

  • 222 S Harbor Blvd, #720, Anaheim, CA 92805

Salary:

  • $26.50 - $33.65 per hour

Position Type: 

  • Full-time
  • Non-exempt (Hourly)
  • Monday – Friday
  • 8:30 am – 5:30 pm
  • Hybrid after 1 year – 3 days in office/2 days remote

Reports to: 

  • Senior Actuarial Manager

Position Overview

DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.

Key Responsibilities

  • Support actuarial and statistical analysis to drive informed decision-making
  • Manage and update product and rating sheets using Excel to ensure accuracy and consistency
  • Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
  • Conduct market and competitor benchmarking to inform strategic initiatives
  • Assist in the preparation and submission of filings for rate, rule, and form changes
  • Generate and analyze underwriting monitoring data to identify trends and areas for improvement
  • Support the creation of Property & Casualty market data reports using SAS
  • Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
  • Support rate filings and regulatory compliance by preparing documentation and responding to information requests
  • Prepare reports and presentations that highlight findings, trends, and actionable insights
  • Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Successful completion of one or more Actuarial exams.
  • Strong analytical skills with a solid foundation in quantitative methods and data analysis
  • Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
  • Exceptional attention to detail and commitment to producing accurate and high-quality work
  • Excellent communication skills, with the ability to present complex information in an understandable manner
  • Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
  • Ability to work collaboratively within a team and independently when required

Benefits

  • Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
  • Paid time off and sick leave
  • 13 annual paid holidays
  • 401(k) plan with up to 4% company match
  • Flexible Spending Account (FSA) & Dependent Care FSA
  • Quarterly Fringe Benefit reimbursements
  • Job-related training reimbursement
  • Casual dress code

About Us

At DB Insurance USA, we carry forward a legacy of excellence that began in South Korea in 1962 and expanded to the U.S. in 1984. Backed by the financial strength of a global powerhouse (AM Best Rating: A+, S&P Rating: A+), we combine world-class resources with the agility of a close-knit team. With offices in California, Hawaii, New York, and Guam, we provide innovative insurance solutions tailored to protect your property, business, and livelihood. We are committed to fostering a culture of inclusion and innovation, ensuring exceptional service and peace of mind for every policyholder. 




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.