Actuarial Analyst II

It’s a great time to join AAA The Auto Club Group! 

JOIN THE TEAM COMMITTED TO DRIVING YOUR CAREER FORWARD

Job Type:

Job Description:

Actuarial Analyst II – The Auto Club Group

What you will do:

Depending on team, assignment develops pricing and/or reserving for current or new property/casualty insurance coverage and products, to include but not limited to:

• Analyze data, develop material and prepare appropriate communications
• Compile and organize data for actuarial review
• Prepare reports, proposals, system documents, filing support and documentation files
• Provide support to projects as required
• Formulate and interpret mathematical ratemaking and/or reserving models using available tools
• Perform ad hoc analyses, including classification, inflation, and tail factor analyses, for current and future products
• Support state and regulatory filings and respond to inquiries from auditors/DOIs
• Work with IT and business technical support in gathering and verifying data for rate indications, rate revisions, reserve indications and special projects
• Apply actuarial methods and principles to obtain indications, complete projects, analyze results and make recommendations
• Research suitable trend indications for analysis
• Communicate effectively with others in a work environment and make oral presentations to business units
• Represent the department on inter-department teams

• Execute the scheduled rate reviews and indications to ensure rates are adequate, not excessive or unfairly discriminatory and internally consistent with experience
• Analyze and prepare competitive product and rate comparison reports
• Analyze competitor’s rate structures and coverage
• Develop and prepare competitor rate manual analysis

How you will benefit:

Actuarial Analyst II will earn a competitive salary of $75k - $90k annually with annual bonus potential based on performance.

• Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:
• 401k Match
• Medical
• Dental
• Vision
• PTO
• Paid Holidays
• Tuition Reimbursement

We’re looking for candidates who:

Required Qualifications:

Education:

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics or a related field 
• Successful completion of two or more actuarial examinations
• Maintain eligibility in the Actuarial Professional Development Program following department guidelines

Experience in:

18 months (1.5 yrs) of experience in an actuarial environment to include:

• Analyzing technical studies and data and drawing sound conclusions
• Calculating premium or reserves for new or existing products
• Performing research and statistical analysis to complete assignments
• PC software applications (e.g. Word, Excel, PowerPoint, etc.)

Knowledge of:

• Statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusions

Skills and Ability to:

• Prepare presentation of material
• Manage workflow to achieve multiple goals
• Work individually and as part of a team

• Apply actuarial methods and principles to obtain indications, complete projects, analyze results and make recommendations 

Preferred Qualifications:

Knowledge of:

• Insurance industry terminology and concepts

#appcast

Work Environment 

This is a hybrid work arrangement (time spent in office and remote). Depending on the employee's role and leadership's assessment, some employees will come in to an ACG facility on a weekly basis, a monthly basis, or on an "as needed" basis for key meetings and collaborative activities. Most employees will be required to come into the office, at a minimum, for important departmental meetings or team building events.

Who We Are

Become a part of something bigger.

The Auto Club Group (ACG) provides membership, travel, insurance, and financial service offerings to approximately 14+ million members and customers across 14 states and 2 U.S. territories through AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.

By continuing to invest in more advanced technology, pursuing innovative products, and hiring a highly skilled workforce, AAA continues to build upon its heritage of providing quality service and helping our members enjoy life’s journey through insurance, travel, financial services, and roadside assistance.

And when you join our team, one of the first things you’ll notice is that same, whole-hearted, enthusiastic advocacy for each other.

We have positions available for every walk of life! AAA prides itself on creating an inclusive and welcoming environment of diverse backgrounds, experiences, and viewpoints, realizing our differences make us stronger.

To learn more about AAA The Auto Club Group visit www.aaa.com

Important Note:

ACG’s Compensation philosophy is to provide a market-competitive structure of fair, equitable and performance-based pay to attract and retain excellent talent that will enable ACG to meet its short and long-term goals. ACG utilizes a geographic pay differential as part of the base salary compensation program. Pay ranges outlined in this posting are based on the various ranges within the geographic areas which ACG operates. Salary at time of offer is determined based on these and other factors as associated with the job and job level.  

The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.  This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.  Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.

The Auto Club Group, and all its affiliated companies, is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.

Regular and reliable attendance is essential for the function of this job.

AAA The Auto Club Group is committed to providing a safe workplace. Every applicant offered employment within The Auto Club Group will be required to consent to a background and drug screen based on the requirements of the position.