Sr. Actuarial Analyst II

Job Type: Full time   Exempt/Non Exempt: Salary Job Description: Location Details: Remote Position Schedule / Shift: Monday – Friday, 8am – 5pm Position Summary: The Senior Actuarial Analyst II provides both advanced and complex risk assessments, sophisticated data analysis and advanced financial forecasting within the actuarial team. Depending on team assignment, develops complex models and manipulates data for pricing and/or reserving products for current and new property/casualty insurance coverage and products. Design, develop and generate essential reports and provide recommendations to leadership. Depending on team assignment: Analyze data, develop material, and prepare appropriate communications Compile and organize data for actuarial review Prepare reports, proposals, system documents, filing support and documentation files Provide recommendations for improving methods, analysis and data gathering techniques used by the actuarial teams Present project data, results and recommendations to management and senior leaders Provide consultation and clarification regarding complex actuarial and risk assessment models Provide instruction in basic actuarial methods and techniques to junior analysts Formulate and interpret complex mathematical rate making and/or reserving models using available tools Perform ad hoc analyses, including classification, inflation, and tail factor analyses, for current and future products Support state and regulatory filings and respond to inquiries from auditors/DOIs Work with IT and business technical support in gathering and verifying data for rate indications, rate revisions, reserve indications and special projects Research suitable trend indications for analysis, providing material and oral support to recommendations made to management Performs actuarial adjustments to meet the analysis purpose Lead projects and/or assignments as required Coordinate and execute the scheduled rate reviews and indications to ensure rates are adequate, not excessive, or unfairly discriminatory and internally consistent with experience Provide complex level analysis and preparation of competitive product and rate comparison reports Analyze competitor’s rate structures and coverage Develop and prepare competitor rate manual analysis Supervisory Responsibilities: None Qualifications: Required Education: Bachelor’s degree in Mathematics, Actuarial Science, Statistics, or a related field Successful completion of five or more actuarial examinations Maintain eligibility in the Actuarial Professional Development Program following department guidelines Extensive experience in: Minimum of four years of experience in an actuarial environment to include the following: Pricing or reserving property and casualty insurance products Formulating and interpreting mathematical rate making or reserve models Analyzing technical studies and data and drawing sound conclusions Performing research and statistical analysis to complete assignments PC software applications (e.g., Word, Excel, PowerPoint, etc.) Statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusions Coordinating and executing projects Preparing reports and exhibits for management review Modeling and complex quantitative analysis resulting in sound recommendations                                                      And Experience in three or more of the following Expertly preparing property and casualty rate filings Proficiently preparing property and casualty regulatory filings and statements Preparing advanced competitive product and rate comparison analysis reports Completing intricate actuarial research relating to insurance operations Leading development, implementation, or enhancements to rating plans or reserving methods Performing in-depth analysis methods such as classification, inflation, and tail factor Preferred Education: Master’s Degree in Mathematics, Actuarial Science, Statistics, or related field Experience: Experience with Commercial Lines Work Environment: This position works from a home office location. Depending on the role, some employees may be required to come into the office, at a minimum, for important departmental meetings or team building events. Compensation & Benefits Overview: ACG complies with all applicable state and local laws regarding required benefits (including PTO, paid sick leave, etc.). Compensation Sr. Actuarial Analyst II will earn a competitive salary of $86,000 - $130,000 annually with annual bonus potential based on performance. Benefits At ACG, we offer a comprehensive and flexible benefits package designed to support your health, financial well-being, and professional growth. Health & Wellness Medical plans with multiple coverage options, including HSA eligibility Prescription drug coverage Dental and vision benefits Employee Assistance Program (confidential support services) Financial Protection & Insurance Company-paid basic life insurance Optional supplemental life insurance and dependent coverage Short-term and long-term disability coverage Critical illness, accident, and pet insurance options Retirement & Savings 401(k) plan to support long-term financial goals. 3% automatic deferral upon eligibility; may contribute 1% to 50% of eligible earnings, either pre or post tax. Company match of 50% paid on employee contributions up to 6% of pay, payable to employees following the end of the year; immediate vesting. Additional company contribution of 4% of pay each pay day into your account; 100% vested after three (3) years of service Health Savings Account (HSA) and Flexible Spending Accounts (FSA) options Time Off & Leave Paid Time Off (PTO): Accrual-based, increases with tenure, eligible at 90 days of employment. Full-time new employees will receive up to 12 PTO days annuall