P&C Actuarial Valuation - Actuarial Analyst III

$73,000 - $95,000/Yr

American National Insurance - League City, TX

Full-time - Mid Level

League City, TX

Insurance Carriers and Related Activities

About the position

The Actuarial Analyst III will play a crucial role in the American National P&C Reserving team, focusing on analyzing the reserve adequacy of all P&C entities. This position involves performing and communicating actuarial analyses related to loss reserving, reinsurance administration, and financial reporting, while also supporting functions such as pricing, forecasting, and modeling. The analyst is expected to work independently and may need to relocate to one of the company's offices.

Responsibilities

• Perform detailed reserving analyses for various P&C coverages using fundamental actuarial principles.
• Develop actuarial workbooks necessary for the annual reserve opinion.
• Prepare summaries of actuarial analyses for distribution to executives, other departments, reinsurers, and regulators.
• Improve the efficiency of regular monthly and quarterly actuarial processes.
• Assist Finance and other actuarial departments with special projects as needed.
• Prepare for and progress in the CAS examinations.

Requirements

• Bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background.
• Proficiency in Excel is required; proficiency in SQL and Power Query is a plus.
• At least two years of actuarial experience is preferred.
• At least two CAS exams are required; at least three exams preferred.
• Demonstrated progress in understanding and applying basic actuarial principles.

Nice-to-haves

• Experience with Power Query is a plus.

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid holidays
• Paid time off
• Vision insurance