Junior Actuarial Analyst

Embark on a Journey That Makes a Difference

At Generali Global Assistance (GGA), every day is an opportunity to help people explore the world with confidence. We're not just in the business of protectionwe're in the business of adventure and peace of mind. Whether it's a backpacker trekking through the Andes, a family cruising the Mediterranean, or a solo traveler chasing the Northern Lights, we're there to ensure their journey is safe and supported. From assisting with emergency medical claims to guiding customers through trip disruptions or ID theft, your work helps turn travel challenges into stories of resilience.

Set Sail on a Career Path to Success

Our teams value curiosity and collaboration while priding ourselves on fostering a welcoming and inclusive atmosphere for our employees. Elevate your journey through our internal programs, including:

• Diversity, Equity, and Inclusion (DEI) Committee
• Career pathing and Individual Development Plans
• Internal training and intern opportunities
• Women in Business Mentorship Program
• Employee awards and recognition
• Education and professional development assistance program

Passport to Perks Includes:

• Generous Employer contribution for health, dental, and vision insurance
• Paid Maternity and Paternity Leave
• Scholarship Program for Employee Dependents
• Company match on 401k
• Employee Assistance Program (EAP)
• Company paid short-term and long-term disability insurance
• Company paid life insurance
• Voluntary Pet Insurance
• Voluntary Legal Benefit
• Discounts on travel insurance
• Time off policies including vacation days, sick days, personal days, holidays, and volunteer days (VTO)

Your Role on the Expedition:

This position is responsible for gathering and analyzing statistical data to help the company make wise sales and financial decisions. The outcomes of this position help the company manage risk, determine cost structures, reduce costs, and increase profits.

Chart Your Course:

• Analyze and quantify rating parameters and pricing products and provide recommendations when deviations and revisions from published standard assumptions are appropriate
• Research, compile, and analyze historical actuarial data
• Perform competitive analysis and assessment
• Conduct due diligence, market analysis, statistical studies, production, and cost forecast
• Support corporate and business financial planning by analyzing loss reserves, calculating/estimating IBNR & WBNR, and performing catastrophe/exposure studies
• Identify and propose actions to improve profitability of products and accounts
• Prepare rate filings/exhibits and assist in developing pricing, underwriting, and fraud prevention strategies
• Utilize actuarial tools and develop ad hoc tools as necessary to quantify risks presented by a product and account
• Build and improve actuarial files, models, and algorithms
• Conduct periodic audits of underwriting files to determine if pricing models are appropriately employed
• Assist in reinsurance terms evaluation
• Assist with the development of new insurance products and advise underwriters in making profitable decisions regarding current and prospective business
• Create appropriate measurements and reports including but not limited to monthly analysis of production, underwriting results, expenses, cash flow, and financial performance
• Determine deviation from target/projections and determine potential source of material deviations in results from expectation
• Participate in development of the annual budget

Your Ticket to Success:

Required Qualifications:

• High School Diploma or Equivalent (GED) required
• Bachelor's degree in mathematics, actuarial science, economics, finance, or similar degree from an accredited college or university required
• Minimum intermediate level experience using Microsoft Office Suite with an Excel emphasis
• Experience employing and understanding standard concepts, practices, regulations, and laws within the insurance and actuarial fields preferred

Preferred Qualifications:

• Minimum of one year work experience in a corporate environment preferred

Position Coordinates:

This is a hybrid role based out of our San Diego, CA office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.

Time for Take-off:

While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm). Occasional overtime may be required according to business need.

One team. Every destination.

Generali Global Assistance is proudly part of the Europ Assistance Group and our products utilize a number of corporate and product brands. The brands for our North American team include the following:

• CSA: US travel insurance brand for retail, tour operator, cruise, and lodging partners.
• Generali Global Assistance (GGA): The primary Corporate brand in the United States for our travel insurance, travel assistance, identity and cyber protection, and beneficiary companion products.
• GMMI: the industry standard for global medical cost containment and medical risk management solutions.
• Iris, Powered by Generali: identity and digital protection solution.

Explore new horizons apply today!

Don't meet every single requirement? At Generali Global Assistance, we are dedicated to building a diverse, inclusive, and enriching workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

California Residents - Privacy Notice for California Residents Seeking Employment with Generali Global Assistance is available here:

The Company is committed to providing equal employment opportunity in all our employment programs and decisions. Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy. Equal employment opportunity is provided to all employees and applicants for employment without regard to age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law. This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of Human Resources. The Company will not allow any form of retaliation against individuals who raise issues of equal employment opportunity. All Company employees are responsible for complying with the Company's Equal Opportunity Policy. Every employee is to treat all other employees equally and fairly. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.