Actuarial Analyst II

Key Responsibilities

• Drive state expansion by assisting in developing rating models, developing other customer-facing models, and supporting DOI inquiries.
• Develop and expand product analytics capabilities to enrich understanding of Product Profitability. Operationalize insights.
• Assist in producing formal actuarial deliverables as needed (rate indications, amendments to rating plan, reinsurance analysis, loss modeling, etc.).
• Design and enhance analytical frameworks and capabilities, in partnership with our Senior Research Actuary.
• Develop efficient processes that support the integration of our analytical frameworks/capabilities into our day-to-day operations. Outputs include descriptive reporting, anomaly detection, diagnostic tools, modeled forecasting, and accuracy monitoring.
• Continuously test and adopt newly available tools/capabilities to improve the scale and rigor of our actuarial capabilities.

Requirements

• 2-4 years of experience in insurance pricing, preferably with experience in personal lines insurance pricing.
• Progress made towards ACAS/FCAS designations (preferably 3+ exams).
• Strong technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation, often operating in ambiguity and leveraging creativity.
• Python familiarity.
• Strong communication skills.
• Homeowners and/or Auto insurance experience is a plus.

Compensation & Benefits

Budgeted Salary Range: $81,500—$97,000 USD

Full Salary Range: $76,500—$127,650 USD

Benefits & Perks:

• Remote-First Culture
• Competitive Salary & Equity
• Comprehensive Medical, Dental, and Vision Plan Offerings
• Life and disability coverage including voluntary options
• Parental Leave - up to 8 weeks (320 hours) of paid parental leave
• 401K Company Contribution - Openly contributes 3% of the employee's gross income
• Work-from-home stipend - $1,500 allowance
• Annual Professional Development Fund: $2,000
• Be Well Program - $50 per month
• Paid Volunteer Service Hours
• Referral Program and Reward
• Eligibility for cash incentive compensation depending on position