Actuarial Analyst

Posted Yesterday
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2 Locations
In-Office
Mid level
Insurance
The Role
The Actuarial Analyst will analyze the likelihood of future events to manage financial risks, perform valuations, and assist with rate filings.
Summary Generated by Built In

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

 

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. 

Independence American Insurance Company (IAIC), a subsidiary of IPH, has over 50 years of underwriting experience and a history of innovation in the pet insurance industry. IAIC has built a reputation as a trusted and dependable partner. We are a pet-focused underwriter with deep insurance industry experience, offering a product with proven consumer appeal.

Job Summary:

Independence American Insurance Company (IAIC) is seeking an Actuarial Analyst who will analyze and evaluate the likelihood of future events to reduce and manage future financial risks.

Job Location: Hybrid

Main Responsibilities:

  • Completes and interprets actuarial analysis, valuations, cost estimates, and modeling using mathematics, statistical programming, and financial theory.

  • Assists with the completion of rate filing documents for all states.

  • Researches rate filings, as needed.

  • Maintains and updates existing models, tools, and other files used for analysis.

  • May prepare reserving, forecasting, rate filings, pricing analysis, and experience reports for review.

  • Completes ad hoc reporting, as necessary.

  • Completes appropriate database work, as necessary.

  • Performs other duties and responsibilities as assigned.

Qualifications:

  • Bachelor’s Degree in Math, Finance, Actuarial Science, Economics, Accounting, Computer Information Systems, other quantitative field, or equivalent work experience (One-year relevant experience is equivalent to one-year college)

  • 2 years’ relevant experience

  • Licenses/Certifications: Must have passed Two+ Actuarial Exams

#IAIC

#li

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

  • Comprehensive full medical, dental and vision Insurance
  • Basic Life Insurance at no cost to the employee
  • Company paid short-term and long-term disability
  • 12 weeks of 100% paid Parental Leave
  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSA)
  • Retirement savings plan
  • Personal Paid Time Off
  • Paid holidays and company-wide Wellness Day off
  • Paid time off to volunteer at nonprofit organizations
  • Pet friendly office environment
  • Commuter Benefits
  • Group Pet Insurance
  • On the job training and skills development
  • Employee Assistance Program (EAP)

Top Skills

Mathematics
Statistical Programming
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The Company
Chicago,, IL
13 Employees
Year Founded: 2021

What We Do

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services across insurance, pet education, lost recovery services, and beyond across North America. As a leading authority in the industry, we operate with a full stack of resources, capital, and services that support a multi-brand and omni-channel approach. We operate our own insurance carrier and partner successfully with other carriers, as needed. We believe that pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets

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