Actuarial Analyst

Wahve Holdings - Fort Worth, TX

Part-time,Full-time - Senior

Remote - Fort Worth, TX

Professional, Scientific, and Technical Services

About the position

At WAHVE, we are dedicated to transforming the insurance industry by providing experienced professionals the opportunity to work from home while continuing their careers. Our Actuarial Analyst positions are designed for individuals with significant insurance experience who are looking to phase into retirement without completely stepping away from the workforce. We offer a unique platform that allows you to maintain a work/life balance, customize your work schedule, and utilize your insurance expertise in a remote, long-term position that includes company benefits. Our leadership is friendly and professional, and we pride ourselves on the care we take with our staff and clients. We are passionate about delivering exceptional customer service and preserving industry knowledge, making a meaningful impact through our work. 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 insurance products, performing competitor analysis to stay informed about market trends, and analyzing trends to understand changes in insurance claims. You will lead state and product rate reviews, collaborate with various functional teams, and assist in assessing experience and developing reserve assumptions. Your expertise in data extraction and manipulation using tools like SAS, SQL, R, or Python will be essential, as will your strong statistical skills to build predictive models addressing underwriting or claim issues. While an ACAS or FCAS designation is preferred, it is not required. We are looking for candidates with at least 25 years of full-time work experience, including 10 years of actuarial experience in the Property & Casualty sector, and a Bachelor's degree in a relevant field.

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.
• Perform 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 preferred.
• 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.
• Flexible work schedule options (full or part-time).
• Remote work opportunity.