We use cookies. Find out more about it here. Some services may not be available without accepting cookies. By continuing to browse this site you agree to our use of cookies.

Sr. Actuarial Analyst job in Enumclaw

#alert

Enumclaw, Washington - WA Mutual of Enumclaw Insurance Company

Job Ref:  2286
Employer:  Mutual of Enumclaw Insurance Company
Sector:  P&C/General Insurance/Non-Life
Professional/Financial Services
Qualifications:  Part Qualified Actuary
Job Type:  Full Time
Salary and Benefits:  $99,149 - $111,115 per year
Remote:  No

Location

Country:  United States
State/Province/County:  Washington - WA
City:  Enumclaw
Post Code:  98022
Map: 

Description

Overview

Mutual of Enumclaw was founded in 1898 by local farmers who wanted to look out for each other. That spirit continues to define our company culture. We are committed to cultivating and preserving a culture of inclusion and connectedness. Our employees are proud of our thoughtful approach to insurance, and it shows. In January 2024, we were recognized as Washington's Best Company to Work For (our twelfth year in a row as one of the top 100) by Seattle Business magazine, based on a survey of our employees.

Mutual of Enumclaw works exclusively with local independent agents to offer insurance products for individuals, families, farms, and businesses. We currently operate in Washington, Oregon, Idaho, Utah, Arizona, Montana and Wyoming.

The Sr. Actuarial Analyst reports to the Director of Actuarial Services and is responsible for applying appropriate actuarial techniques, which may be highly advanced and intricate, to challenging and/or emerging business issues. This position manages the actuarial analysis of products and/or reserves for one or more major product groups. They are also responsible for performing actuarial analysis and coordinating actuarial work products as requested in response to established or emerging business needs, across the company.

Location: The successful candidate will work remotely, must be able to work during our core Pacific Standard Time (PST) business hours, and must have high-speed internet (internet speed test required).

Sr. Actuarial Analyst

Hiring Range: $99,149 - $111,115*

Salary Range: $99,149 - $123,816

*The hiring range represents Mutual of Enumclaw's current hiring pay scale for this role. Mutual of Enumclaw reserves the right to modify or update this range any time. Exact compensation may vary based on skills and experience. Compensation is only one part of our entire total rewards package. To see some of the benefits and perks we offer, please click here.

Responsibilities

Supervisory Responsibilities:
  • As a project lead, may provide direction to Actuarial Assistants and/or Actuarial Analysts.

Duties/Responsibilities:
  • In a pricing capacity, develop data and effective structures for new/existing insurance products.
  • Develop and improve rate algorithms for effectiveness, and perform rate and product analysis in support of business objectives. Create effective support for rate filings in compliance with applicable state laws and regulations.
  • In a reserving capacity, gather and monitor reserving data, build and/or apply systems to develop periodic reserve estimates, and document the underlying assumptions and processes such that those estimates are a sufficient basis for the company to meet its financial reporting requirements.
  • Advise, consult, and collaborate with Underwriting, Product Development, Claims, Marketing, and Finance team members on pricing and/or loss reserving matters.
  • Apply actuarial concepts to create and maintain analyses/models of appropriate complexity and cost.
  • Provide technical leadership for complex actuarial and financial reporting projects.
  • Perform special assignments independently within the department, or across the Company as requested.
  • Perform complex calculations and generate specialized reports as needed to fulfill management requirements.
  • Maintain professional working relationships with customers, peers, vendors, auditors, regulators, etc.


Qualifications

Required Skills/Abilities:
  • Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
  • Skill in accessing, validating and using data.
  • Proficient in PC usage including data management software and spreadsheet applications.
  • Proven ability to independently apply basic actuarial techniques to real business problems.
  • Committed to self-development and mastery of actuarial concepts and Fellowship in Casualty Actuarial Society.
  • Ability to motivate and mentor peers and motivate and train others.
  • Some reserving experience preferred.
  • Record solving problems of a complex nature, and analyzing issues in a multi-dimensional context.
  • Dedicated to meeting the expectations of internal and external customers.

Education and Experience:
  • Bachelors degree with a strong quantitative background such as a Major in Mathematics, Statistics, Science, Actuarial, Computing, Finance, Business Administration, or associated field is required.
  • Facility in college level mathematics is required.
  • Minimum 4 years' professional Actuarial experience in the property and casualty insurance industry.
  • Five actuarial exams are required.


Physical Requirements:
  • Prolonged periods of sitting at a desk and working on a computer, including video conferencing.
ref: (2286)
Applied = 0
Back to search results