Job Description
JOB OVERVIEW:
Capital Insurance Group is seeking a candidate to join our Actuarial Division. You will work alongside our creative and entrepreneurial individuals in Monterey, CA. We look to partner with a candidate who fits with the CIG culture, excels as a decision enabler, and can effectively collect and communicate results to key stakeholders. Projects assigned will come from multiple actuarial disciplines.
RESPONSIBILITIES:
As an Actuarial Analyst, you will gain industry expertise in all the core actuarial disciplines, as well as develop highly visible analytics solutions under the supervision of seasoned actuaries. To be successful in the role, you will need to have good business judgement and enjoy finding and creatively solving complex business issues.
- PRICING – Conduct sound actuarial analyses and support findings, such as trend identification and overall rate adequacy, as part of the semi-annual rate review process.
- RESERVING – Utilize actuarial reserving methods to project losses to ultimate as part of the quarterly reserve review process.
- ANALYTICS – Apply predictive analytics to improve business processes and communicate quantitative results in a digestible format across different business functions, including Claims, Underwriting, and Enterprise Risk Management.
- DASHBOARDING – Tell a story with numbers. Create interactive and dynamic dashboards using Tableau to provide insightful information and enable data-driven decisions from key stakeholders.
- EDUCATION – Actively pursue research and education development opportunities. You will have access to a number of continuing education programs offered at CIG, including the Actuarial Study Program. Must maintain satisfactory standing in the Actuarial Study Program.
- LEADERSHIP – You will have opportunities to work on highly visible projects. You will have considerable freedom to pitch ideas and change the status quo.
- FEEDBACK – Department and peer leaders will provide feedback to continually develop strengths and address areas of improvement to achieve a new level of success.
MINIMUM REQUIREMENTS:
- Pursuing or possess a Bachelor’s or Master’s degree in Actuarial Science, Computer Science, Data Science, Economics, Statistics, or related quantitative subjects.
- 0 – 2 years of Actuarial experience.
- Completion of one or more actuarial exams is required. Two or more exams is preferred.
- Experience using SQL and a comprehensive understanding of relational databases is highly preferred.
- Basic knowledge of R, Python, or other statistical software is highly preferred.
- Predictive modeling experience is preferred.
- Proficiency in Excel spreadsheet.
- Basic knowledge with data visualization software (e.g. Tableau) is a plus.
- Some experience using Visual Basic Application in Excel is a plus.
- Complies with professionalism standards set by the Casualty Actuarial Society.