Actuarial Associate

Published: Nov 7, 2024 – The Actuarial Associate conducts actuarial analyses to support rate filings and recommends rate revisions for Personal and Commercial Auto insurance. This role automates tasks using VBA and collaborates with IT to implement coding changes and system testing to align with product features. The associate also represents the Actuarial Department in discussions with Claims and IT, while performing special assignments and quarterly reserve reviews for designated states.

A Review of Professional Skills and Functions for Actuarial Associate

1. Actuarial Associate Responsibilities

• Bonus Management: Perform bonus declaration and illustration and crediting interest rate review for policyholders and provide relevant analysis and reports to the management team.
• Project Analysis: Provide analysis to support multiple project initiatives like bonus enhancement, guarantee charge review, and other analyses.
• Operations Managemen...