New York, New York
Wilkes Barre, Pennsylvania
New York City, New York
Posted: 31-Aug-23
Location: Nationwide
Type: Full Time
Salary: 70-85
Categories:
Salary Details:
Required Education:
Additional Information:
Internal Number: ACTUA002351
Are You Driven?® We Are.
We are a company of driven, enthusiastic, and determined people. We celebrate achievement and success. We foster innovation, determination, and recognition. Because of that, our employees feel recognized and rewarded for the contributions they make daily. At GAINSCO, it is our people that set us apart.
If you are looking for a place where you can make a difference, perceive how your work impacts the company, and be recognized for your efforts and passion, then GAINSCO is the company for you.
Why Join GAINSCO?
By joining GAINSCO, you become part of a dynamic and growing organization that has been recognized as a Top Workplace in both our Dallas and Miami offices.
GAINSCO’s work environment rewards engaged individuals who have a desire to contribute and succeed. That’s because our culture encourages individuals to grow their skills as they build their careers. Come join us and become a champion with GAINSCO.
What does an ACTUARIAL ANALYST Level I or Level II do?
- Responsible for in-depth actuarial analyses of data and trends to provide actuarial recommendations for reserves adequacy and book of business pricing:
- Understand data sources, and pull, query and aggregate data for various projects based on need.
- Assist in data validation, creation of data reports for results analyses.
- Provide and maintain actuarial data and tools used by key management decision-makers.
- Assist in creating quarterly rate level indications. Collaborate with Regional Product and Corporate Product departments on key findings and key selections.
- Share and discuss rate change proposals with Product & Field Operations partners. Ensure the use of sound pricing data and proper use of actuarial principles in rate change analyses.
- Assist in production and delivery of actuarial rate filing support.
- Documents assumptions, methods, sources and considerations in an organized way.
- Prepares actuarial briefings with the support of senior actuarial analysts and leadership.
What else do you need to know?
- Remote role
- Competitive salary based on experience
- Excellent benefits package: medical & dental (Basic plan FREE), vision insurance, life insurance, short term and long term disability insurance
- Parental Leave Policy
- 401K + Company Match
- PTO + Paid Company determined Holidays
All offers are contingent upon a successful background investigation (including employment, education, criminal and DMV verification- when applicable) and a pre-employment drug test with results satisfactory to GAINSCO.
GAINSCO is an Equal Employment Opportunity Employer
What is required?
Education:
- Bachelor’s degree, with preference in a quantitative analytical field such as Actuarial Science, Math, Statistics, Finance and Economics.
- Level 1: Must have 1 exam completed
- Level 2: Must have 2-3 exams completed, based on years of experience
Experience:
- 2-4 or more years of Property/Casualty Insurance actuarial pricing work experience required depending on Level 1 or Level 2.
- Prefer insurance or other relevant work experience
Other skills and abilities:
- Basic knowledge of actuarial ratemaking principles, reserving theories and techniques.
- Experience collaborating on cross-functional team projects.
- Demonstrable skills in performing mathematical calculation; strong computer skills, specifically in databases and spreadsheets, including SAS VBA/SQL.
- Familiarity in programming using R, Python or other comparable language.
- Excellent analytical, critical thinking and problem-solving skills. with the ability to effectively plan work for multiple projects.
- Exceptional attention to detail and high accuracy in work product.
- Strong written and oral communication skills.
- Well organized and detail- oriented with high learning agility.
- Self-motivated individual able to work independently in a fast-paced environment and contribute as part of a dynamic team
