Actuarial Analyst 1

Posted Yesterday
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3 Locations
In-Office
80K-95K Annually
Entry level
Insurance • Professional Services • Analytics • Consulting
The Role
Supports actuarial consulting projects by organizing data, inputting and reviewing actuarial models, processing data, checking technical accuracy, communicating with project teams and clients, and meeting project deadlines. The role requires progress toward CAS credentials, completion of actuarial exams, accurate documentation, confidentiality, and strong mathematical, analytical, organizational, and communication skills.
Summary Generated by Built In
SUMMARY

Reporting to an associate actuary or a consulting actuary, the actuarial analyst 1 works under the direction of a supervisor, project manager or account executive to create, organize and input data into actuarial models. The actuarial analyst 1 will work to support client relationships by providing accurate information and feedback.


The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to accomplish each essential function satisfactorily.

  • Participate in the delivery of actuarial consulting projects
    • Organize and input data accurately into actuarial models; modify existing actuarial models; and/or manipulate existing code for data processing and predictive modeling under the direction of a project manager
    • Complete technical review of data input into actuarial models; review actuarial models for technical accuracy
    • Format work correctly and professionally; ensure that work product is complete, correct and logical
    • Participate in client visits and calls as directed
    • Effectively communicate with project teams and manage internal expectations to ensure that projects are on time and meet Pinnacle standards for excellence
    • Communicate clearly with coworkers and supervisors regarding day-to-day projects
    • Suggest improvements to accuracy, efficiency, and/or quality of Pinnacle processes or work products to supervisor
  • Proactively request additional work when available
  • Provide at least one actuarial presentation per year to internal colleagues
  • Attend and participate in internal meetings
  • Comply with the Casualty Actuarial Society’s (CAS) Code of Professional Ethics for Candidates
  • Sustain progress toward the completion of the actuarial exams as defined in the Pinnacle Exam Policy
  • Enter time and expenses accurately and timely
  • Handle and process confidential information with complete discretion
  • File projects and materials according to Pinnacle’s internal filing system
  • Regular, predictable and punctual attendance in a Pinnacle office when not working off-site


SUPERVISORY RESPONSIBILITIES

This position does not have supervisory responsibilities.


QualificationsCOMPETENCIES
  • Analytical and mathematical proficiency
  • Basic knowledge of actuarial techniques
  • Attention to detail and commitment to task
  • Project coordination and organizational ability
  • Manage multiple tasks and deadlines
  • Proficiency with Microsoft Office software and additional software as needed
  • Strong verbal and written communications skills
  • Ability to extract relevant information from proposals
 EDUCATION AND/OR EXPERIENCE
  • Minimum Bachelor of Arts or Bachelor of Science degree from an accredited college or university; a degree in actuarial science, mathematics, statistics or other related degree preferred
  • Advanced level mathematical, statistical and actuarial methods in the performance of actuarial functions
  • Successful completion of at least two actuarial exams
  • Actively pursuing credentials in the CAS
  • Actuarial internship experience preferred

BENEFITS INCLUDE

  • Paid vacation, sick, holiday and parental leave time
  • Summer days and community service time
  • Paid study time 
  • Exceptional medical, dental and vision insurance
  • 401k, company match and profit sharing
  • Disability insurance
  • Wellness benefits

Skills Required

  • Bachelor of Arts or Bachelor of Science degree from an accredited college or university
  • Advanced mathematical, statistical, and actuarial methods
  • Successful completion of at least two actuarial exams
  • Actively pursuing credentials in the Casualty Actuarial Society
  • Actuarial internship experience
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The Company

What We Do

Pinnacle Actuarial Resources, Inc. is an independent actuarial and management consulting firm owned by its professional staff. Ranking among the top 10 largest property-casualty actuarial firms in the United States, Pinnacle’s reputation for uncompromising professionalism, expertise and outstanding service explains why more and more companies and organizations consider Pinnacle to be the firm of choice for actuarial services.

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