[Remote] Actuarial Analyst I

Note: The job is a remote job and is open to candidates in USA. UFG Insurance is seeking an Actuarial Analyst I to support the pricing of new and renewal business while gaining exposure to basic ratemaking and insurance concepts. The role involves performing actuarial analysis, supporting underwriters on pricing decisions, and assisting with various actuarial projects.

Responsibilities

• Learn and apply fundamental actuarial principles and apply when analyzing company and industry data to prepare for pricing analysis
• Support rating administration and stat coding on the policy administration system
• Support the annual profitability review process
• Support the review of portfolios’ historical financial performance
• Assist with preparation of rate and actuarial memorandums to support rate filing
• Support experience and rate indication studies to assess rate adequacy
• Support improvement efforts in order to increase consistency, efficiency, and compliance with internal standards
• Assist with the development underwriting rating tools and engines
• Other special projects as assigned

Skills

• Bachelor's degree in mathematics, actuarial sciences, statistics or related field
• 0-2 years of related commercial property & casualty experience
• Proficient in Microsoft products: Word, Excel, Outlook, Power Point, SQL
• Strong verbal and written communication skills
• Ability to be agile and thrive in a dynamic work environment
• Demonstrate an open-minded, team oriented and collaborative work style
• Two CAS exams preferred
• Knowledge of SAS, R, and data visualization software a plus

Benefits

• Annual incentive compensation
• Medical, dental, vision & life insurance
• Accident, critical Illness & short-term disability insurance
• Retirement plans with employer contributions
• Generous time-off program
• Programs designed to support the employee well-being and financial security

Company Overview

Company H1B Sponsorship