Actuarial Assistant

We are seeking an analytical and motivated Actuarial Assistant to support the Actuary and Senior Actuary in conducting rate and reserve reviews that guide key business decisions. This role is part of our actuarial career progression and is ideal for candidates actively pursuing their professional actuarial designation. 

In this position, you will apply actuarial methodologies, perform detailed pricing and profitability analyses, and develop data-driven insights to support underwriting, claims, and regulatory filings. You will serve as a departmental resource on data analytics and the use of the Enterprise Data Warehouse, while preparing rate filing materials, monitoring regulatory activity, and contributing to the development of actuarial models and tools. 

The ideal candidate brings strong mathematical and statistical skills, experience with actuarial pricing or reserving, solid communication abilities, and a passion for continuous learning. This role offers meaningful collaboration across departments, opportunities for technical growth, and the chance to make a direct impact on corporate strategy and financial performance. 

POSITION COMPETENCIES

• Business Acumen 
• Time & Priority Management
• Negotiation 
• Decision Making
• Results Oriented

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Utilizes actuarial methodology and assumptions,
• Completes detailed pricing analysis, e.g. homeowners amount of insurance and class relativities.
• Applies data to solve common business problems,
• Compiles, manipulates and analyses data of varying complexity.
• Communicates results of analysis to the Actuary, Senior Actuary, or VP – Actuarial.
• Communicates with company Underwriting Operations staff and Claims Division staff with regard to data analysis.
• Stays abreast of emerging topics in actuarial-related insurance issues.
• Prepares rate filing materials, including appropriate supporting exhibits and documentation.
• Monitors the activity of rate bureaus and regulatory agencies.
• Develops rate or reserve analysis,
• Develops computer application systems for analysis, manipulation, and reporting of actuarial data.
• Prepares profitability studies by reporting segment including size of policy, industry segment, and agent.

ADDITIONAL RESPONSIBILITIES

• Acts as the Actuarial Department’s expert on the construction and use of the Enterprise Data Warehouse.
• Performs other duties as may be assigned by the Actuary, Senior Actuary, or VP-Actuarial.

SPECIAL RELATIONSHIPS

• Interacts with other departments in the organization including accounting, underwriting and claims.

QUALIFICATIONS

Education/Credentials 

• Bachelor’s degree in mathematics, actuarial science or similar curriculum providing rigorous analytical training required. 
• Two or more exams of the Casualty Actuarial Society preferred.

Experience

• Minimum of 1 year of general Actuarial experience preferred.

Technical/Professional Knowledge

• Requires the ability to think critically and exercise independent judgment in the analysis of data. 
• Requires a basic understanding of actuarial pricing and reserving techniques for various lines of business. 
• Knowledge of the fundamentals of property and casualty insurance. 
• Uses skills obtained through the completion of actuarial exams to analyze data and information. 
• Familiarity with personal computer spreadsheets and database programs. 
• Strong organizational skills. 
• Must possess good written and oral communication skills.

JOB REQUIREMENTS (as required by ADA - Americans with Disabilities Act)

• This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment.
• Must be able to see and effectively use a computer monitor.
• Must be able to operate a computer, keyboard and applicable printers and other general office equipment.
• Must be able to access and enter information accurately using automated systems.
• Must be able to hear and communicate via the telephone and/or monitoring devices to both internal and external clients.
• Must be able to present information to individuals and groups.
• Must be able to interpret and apply concepts that may or may not be based upon established guidelines.
• Must be able to maintain acceptable attendance and adhere to scheduled work hours.
• Must have a valid driver’s license and be able to operate a motor vehicle.
• Must be able to travel, with overnight stays required.

Why Choose Penn National Insurance?

At Penn National Insurance, we’re on a mission to help people feel secure and make life better when bad things happen. For over 106 years, we’ve been a trusted partner to individuals, families and businesses because we are a mutual insurance company where service and support for our policyholders are at the heart of everything we do. 

We’re not just a company—we’re a community united by our core mission to “Make Life Better.” Here, you’ll find a place where your professional growth, success and personal well-being are our top priorities. 

Your Career Journey: Empowering Your Growth

Your career should be more than just a job—it should empower you to feel secure, supported and inspired. At Penn National Insurance, we invest in your growth and celebrate your contributions with a comprehensive and competitive total rewards package. We’re committed to supporting your journey and helping you thrive at every stage of your career. Key highlights include:

• Benefits and Compensation: Generous 401(k) match, graded profit sharing, incentive compensation, and a wide range of benefits to support your financial health, physical well-being and career development.
• Flexibility: We offer remote and hybrid work options, flexible scheduling and a “dress-for-your-day” culture.
• Recognition: We celebrate your achievements, big and small, through employee recognition programs designed to honor your contributions.

Your Employer of Choice: A Legacy of Trust and Strength

Joining Penn National Insurance means becoming part of a company with over a century of experience, built on trust, innovation and strong relationships. From our beginnings as a mutual insurance company founded by farmers to our 100th anniversary in 2019, we've stayed true to our relationship-driven model, focusing on direct service and meaningful support. 

Your Community: Making an Impact Together

Making life better isn’t just our mission—it’s a value that guides everything we do. Our employees are at the heart of this mission, giving back through community engagement and charitable efforts. We proudly support our community through financial support and employee volunteering opportunities including our annual United Way campaign, where employee contributions and company matches make a significant impact each year.

Your Future: Building a Rewarding Career Path

We’re not just offering a job; we’re providing a fulfilling and rewarding career. We support your growth with a range of resources designed to help you build your skills and achieve your goals, including:

• Continuing Education Support: Access to programs that help you enhance your knowledge, skills and educational goals along with 100% tuition reimbursement for academic studies.
• Professional Development Opportunities: Tailored designation programs to help you advance in your career such as CPCU, AINS, CPA, CISSP, and more.
• Long-Term Career Focus: With an average employee tenure of 14 years and many team members serving for over 40 years, we take pride in fostering a work environment that values long-term growth and development.

When you join us, you’re not just starting a job—you’re becoming part of a team that values your growth and invests in your future. Our commitment to long-term retention and employee development ensures that you will be part of a tradition and legacy of excellence that spans decades.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, creed, affectional and sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Consistent with the Americans with Disabilities Act (ADA) and EEOC guidance, it is the policy of Pennsylvania National Insurance to provide reasonable accommodations to qualified individuals with disabilities in all aspects of the employment process. If you require a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to a HR Business Partner via telephone at 800-368-4764, or through email.