Wahve Holdings - Miami, FL
posted 4 months ago
About the position
At WAHVE, we are dedicated to transforming the way experienced insurance professionals transition into retirement. Our Actuarial Analyst position allows you to leverage your extensive insurance experience while working from the comfort of your home. This role is designed for those who wish to retire from the office but not from work, providing a unique opportunity to maintain a work/life balance and customize your own schedule. We pride ourselves on creating a supportive and professional environment where our staff can thrive and continue to contribute to the insurance industry. As an Actuarial Analyst, you will play a crucial role in assisting our insurance carrier clients. Your responsibilities will include conducting pricing studies to evaluate the profitability of various insurance products, performing competitor analysis to stay informed about market trends, and leading state and product rate reviews. You will collaborate with various functional teams, including Underwriting, Product Management, Sales, and Finance, to support the ongoing development and expansion of product offerings. Additionally, you will assist in assessing experience, analyzing sources of earnings, and developing reserve assumptions and recommendations. We are looking for candidates who possess strong analytical skills and the ability to extract and manipulate data using relational databases, SAS, SQL, R, or Python. Experience in building predictive models using statistical techniques is essential. While an ACAS or FCAS designation is preferred, it is not a requirement. This position is ideal for those with a passion for the insurance industry and a desire to make a meaningful impact while enjoying the flexibility of remote work.
Responsibilities
- Assist with pricing studies to evaluate the profitability of company's insurance products.
- Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace.
- Conduct trend analysis to understand changes in the frequency and severity of insurance claims.
- Lead state and product rate reviews and filings by interpreting bureau rate changes.
- Collaborate with functional teams such as Underwriting, Product Management, Sales, Finance, etc. to support ongoing revisions and expansion of product offerings.
- Assist in the assessment of experience, source of earnings analysis, reserve adequacy, and forward-looking drivers to develop reserve assumptions and recommendations.
- Aid in the development of rating methodologies concerning both existing and new company products.
- Extract and manipulate data in relational databases, SAS, SQL, R or Python.
- Use statistical techniques to build predictive models addressing underwriting or claim issues.
Requirements
- 25 years of full-time work experience.
- 10 most current years of actuarial experience in the Property & Casualty sector.
- Bachelor's degree in actuarial science, mathematics, economics, statistics, or related major.
Nice-to-haves
- ACAS or FCAS designation preferred but not required.
Benefits
- Health insurance based on eligibility.
- 401(k) with a 4% match.
- Eliminate the office stress and the commute.
- Customize your schedule - full or part time.
- Utilize your years of insurance industry knowledge.
