Associate Actuarial Analyst

WCF InsuranceSandy, UT
2dOnsite

About The Position

WCF Insurance Company is seeking an Actuarial Analyst, to compile and analyze statistics that will be used to calculate insurance risks and premiums. This full-time, exempt position is part of the Finance Department and will report to the Director of Actuarial Pricing.

Requirements

  • Bachelor's degree in actuarial science, mathematics, statistics or related quantitative field.
  • Must have passed at least one actuarial exam administered by the CAS or SOA. Additional passed exams preferred.
  • At least two years of related work experience, preferred.
  • Excellent communication skills.
  • Strong computer skills, including substantial experience with relational databases and analytical programming languages such as Python and R.
  • Demonstrated interest and experience in AI applications and usage.
  • Strong written and verbal communication skills, including crisp presentations and status reporting.

Responsibilities

  • Analyze data, identify data trends, and identify new sources of data.
  • Verify data sources.
  • Determine liabilities and risks within datasets.
  • Use spreadsheets and specialist software to complete data analysis tasks.
  • Generate reports based on data analysis findings,
  • Clean data and interpret relationships between different datasets.
  • Clearly communicate and document methods, activities, and results.
  • Assist actuaries with technical analysis and support queries.
  • Write reports in a format that non-specialists can understand.
  • Continue passing actuarial exams subject to the terms of the company study program.

Benefits

  • WCF Insurance offers an extensive compensation package.
  • Benefits include Medical, Dental, and Vision insurance, company paid life insurance, 401K with a generous 6% employer match and additional benefits such as an Employee Assistance Program and time off to volunteer.
  • All employees earn 4 weeks of vacation in their first year.
  • The estimated starting salary for this position is $58,600 - $73,200, depending on education, certifications, and years of experience.
  • Internal candidates should have six months in their current position, acceptable job performance, and must notify their current supervisor that they've applied for the position.
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