Our client, an insurance company based in Philadelphia, is hiring an Actuarial Analyst to support pricing, reserving, and risk assessment functions within its property and casualty division. This role works closely with senior actuaries and underwriting teams to analyze loss data, develop rate indications, and monitor portfolio performance.
The position involves building and maintaining actuarial models, preparing regulatory filings, and translating quantitative findings into clear recommendations for non-technical stakeholders. Candidates should be comfortable working with large datasets and have a solid foundation in statistics and financial mathematics.
This is an on-site role based at the company's Philadelphia headquarters, with opportunities to progress toward actuarial credentialing exams supported by the employer.
Responsibilities
- Develop and maintain pricing and reserving models for property and casualty lines
- Analyze loss trends, claims data, and exposure information to support rate recommendations
- Prepare actuarial exhibits and documentation for regulatory rate filings
- Collaborate with underwriting and finance teams on portfolio performance reviews
- Assist in quarterly reserve analysis and financial reporting cycles
- Validate data integrity across internal systems and third-party sources
- Support ad hoc analyses for management on emerging risk trends
- Document modeling assumptions and methodology for internal audit purposes
Requirements
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field
- 2 or more years of actuarial or analytical experience in insurance
- Progress toward Associate of the Society of Actuaries or Casualty Actuarial Society credentials
- Proficiency in Excel and at least one statistical or programming language such as SQL, R, or Python
- Strong understanding of insurance ratemaking and reserving concepts
- Ability to communicate technical findings to non-technical audiences
- Excellent attention to detail and organizational skills
- Experience with actuarial software such as SAS, Arius, or ResQ is a plus
Benefits
- Medical, dental, and vision insurance
- 401(k) plan with company match
- Paid study time and exam fee reimbursement for actuarial credentials
- Paid time off and company holidays
- Life and disability insurance
- Tuition reimbursement program
- Hybrid scheduling flexibility after initial training period
- Employee assistance program