The Associate Actuary applies actuarial concepts to analyze insurance premium, claim and exposure information. Provide analyses and commentary to our internal and external customers. Recommends methodology changes and leads team initiatives.
Essential Duties & Responsibilities
Design and Methodology: Develop actuarial templates and recommend methodologies to enhance analytical processes.
Thought Leadership: Lead initiatives to improve team tools and processes, serving as a thought leader within the team.
Project Management: Manage actuarial projects, ensuring timely and accurate completion.
Peer Review: Conduct thorough peer reviews of actuarial work to ensure accuracy and reliability.
Model Augmentation: Enhance and update existing actuarial models to improve their effectiveness.
Innovative Analysis: Perform and improvise analyses on unfamiliar topics, determining appropriate methods and deviating from standard tools/formulas when necessary.
Justification and Communication: Justify and explain actuarial work and decisions clearly and effectively.
Team Collaboration: Communicate effectively across the team, ask for help when needed, and mentor junior team members.
Education, Experience, Competencies & Values
Bachelor's degree required; 5+ years of related experience and/or training required.
ACAS, or within one exam of designation to be completed within the next 6 – 12 months.
Ability to interpret and analyze various types of data.
Ability to write reports and correspondence.
Ability to present analytical analyses and concepts to diverse groups.
Microsoft Office proficiency required to analyze and present actuarial information (Word, Access, PowerPoint, etc.) Advanced knowledge of Microsoft Excel.
Working knowledge of other tools such as Tableau, R, SAS, Python or Microsoft SQL, which includes data extraction and manipulation.
Base salary range is $131,845 - $155,110. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
Skills Required
- Bachelor's degree required
- 6 or more years of related experience and/or training required
- ACAS or FCAS credentials
- Ability to interpret and analyze various types of data
- Demonstrates leadership qualities
What We Do
With healthcare’s constant complexities and distractions, it can be difficult to focus on patients. Coverys can help with proven medical professional liability insurance, data analytics, risk mitigation resources, and more. You can count on Coverys for protection and services that help you stay focused on improving clinical, operational, and financial outcomes.
