Actuarial Analyst

Why Arbella?

At Arbella, we’re focused on people. We work hard to attract and retain the best. That means providing a great work environment, encouraging work / life balance, offering flexible work arrangements, and competitive, industry-leading salaries and benefits packages. We invest in our employees and encourage them to grow so that we, too, can grow as a company.

Other perks include :

• On-site gym and fitness classes and one-on-one personal training
• On-site nurse, nutritional counseling, and mental health resources
• Full-service cafeterias
• Free shuttle service to Quincy Adams T Station
• Tuition assistance programs
• Opportunities to get involved : Arbella Activities Committee, Diversity and Inclusion Council, and more
• A company committed to community : volunteer opportunities, employee-led community efforts, and the Arbella Insurance Foundation
• Robust training, mentorship, and professional / personal development programs
• Colleagues who genuinely care about each other

Arbella is committed to building a workplace that’s diverse, inclusive, and equitable for everyone. We’ve created a culture that supports a diverse workplace where all are valued for their talents and are empowered to reach their full potential.

It’s no wonder our employees have voted Arbella one of the Boston Business Journal’s “Best Places to Work” every year since 2009!

Under direct supervision, performs basic actuarial analyses, assists in preparing internal management information and financial reports and / or external filings, and assists in the design of new and revised reports. We are considering candidates who are able to work without employer sponsorship.

Key Responsibilities :

Prepares routine internal management information and financial reports and / or external filings, following established procedures.

Assists in the revision and / or design of internal reports and / or external filings as required, and assists in preparing related automation requests as necessary.

Assists in responding to questions regarding internal reports and / or external filings.

Responds to routine requests for data, which require actuarial analysis, from internal and external sources.

Assists in conducting actuarial analysis for ratemaking purposes on existing products, using the concepts of trend, development, credibility and present value, as appropriate.

Assists in conducting actuarial analysis for the determination of adequate loss reserve levels.

Assists in conducting actuarial analysis for the determination of reserves for dividends, retro returns or contingent commissions.

Makes efficient use of automation tools to improve the timeliness, accuracy and content of reports, or to support actuarial research.

Assures that written job procedures are maintained on all reports where responsibility exists.

Assists in the preparation of analytical memos which require actuarial analysis to provide an interpretation of management information reports.

Assists in projecting the impact of suggested corporate strategies, as requested.

Keeps abreast of technical and procedural changes involving areas where responsibility exists.

Identifies innovations and developments, and communicates them to supervisors.

Improves actuarial expertise on an on-going basis by studying for and passing Casualty Actuarial Society examinations.

Maintains a good level of intra-department and intra-company relations to contribute to a coordinated workflow system which produces quality service.

Keeps supervisor informed verbally and in writing of activities and problems within assigned area of responsibility; refers matter beyond limits of authority and expertise to supervisor for direction.

Performs other related duties as required or requested.

Required Skills and Experience :

Bachelor’s Degree in quantitative field such as mathematics, actuarial science, statistics, economics or related fields.

Demonstrates effective and diplomatic oral and written communication skills.

Having passed at least one actuarial exam, and committed to progress toward the Associate of the Casualty Actuarial Society designation (ACAS).

Relevant actuarial work experience or internship preferred

Proficiency with MS Office products, including Outlook, Word, Excel and PowerPoint.

Excellent customer service, communication and collaboration skills.

Eagerness to learn about insurance industry.

Knowledge of SQL, SAS, Python, or other programming / data query / reporting software is a plus.

Our current reasonable and good faith estimate of the annual salary wage range for this position is approximately $65,000 - $78,000 Actuarial Analyst I and $75,000-$85,000 Actuarial Analyst II based on a variety of factors including, but not limited to, relevant skills and experience, educational background and certifications, performance and qualifications, market demand for the role and other organizational needs.

Please note : The advertised pay range is not a guarantee or promise of a specific wage.

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