IAT Insurance Group
Actuarial Analyst (Property & Casualty Insurance)
IAT Insurance Group, Cheshire, Connecticut, us, 06410
Actuarial Analyst (Property & Casualty Insurance)
Join to apply for the
Actuarial Analyst (Property & Casualty Insurance)
role at
IAT Insurance Group Location : Hybrid role based in Naperville, IL or Alpharetta, GA, or Cheshire, CT. We work from the office Monday through Wednesday with the option of working remotely Thursday and Friday. As part of the Actuarial department, the candidate can enroll in IAT’s Actuarial Development Program – a program providing study time and actuarial resources for Actuarial exams. Responsibilities
Produces rate adequacy reports to assist business in understanding profitability and rate need. Develops and maintains technical pricing tools. Maintains reports to accurately measure rate, retention, and new business growth. Collaborates with underwriting, claims, IT and senior management to develop plans for new products or improvements to existing products and procedures. Gathers data, analyzes information, and makes recommendations/decisions to solve problems. Interprets the meaning of information for others within the organization. Develops tools to measure and monitor profitability by business unit and product. Identifies trends in claim frequency and claim severity and communicates results to underwriting and claims management. Estimates and recommends loss reserves to be carried in the company’s financial statements. Develops rate-making templates and provides support for state-by-state rate filings. Performs other duties as needed. Qualifications
Bachelor’s degree and 2 years of relevant experience or equivalent experience is required. Equivalent experience is defined as having 6 years of relevant actuarial experience in the P&C Insurance environment. 4 or more Actuary Exams completed or on the way to being completed are required. Able to work independently with strong oral and written communication capabilities. Able to proactively identify opportunities or problems and facilitate understanding and solution development. Able to demonstrate highly skilled analytical and conceptual thinking. Able to work effectively in a highly collaborative team environment. Able to build and maintain a network of relationships. Able to demonstrate a strong work ethic and commitment to meeting deadlines. Able to demonstrate a history of taking initiative with strong analytical and problem-solving skills. Working knowledge of Microsoft Products including Excel, SQL, or Python is preferred. To qualify, all applicants must be authorized to work in the United States and must not require visa sponsorship for employment purposes now or in the future. Compensation and Benefits
The annual gross salary range associated with this posting is $55,200 – $120,330. Actual salaries vary based on qualifications, skills, competencies, and geographical location related to this specific role. This range represents the anticipated low and high end of the base salary for this position. The total compensation includes a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more. Benefits
include: 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off 7% 401(k) Company Match and additional Profit Sharing Hybrid work environment Training and development opportunities Healthcare and Wellness Programs Opportunity to earn performance-based bonuses Educational Assistance and College Loan Support Mentorship Program Dress for Your Day Policy All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
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Join to apply for the
Actuarial Analyst (Property & Casualty Insurance)
role at
IAT Insurance Group Location : Hybrid role based in Naperville, IL or Alpharetta, GA, or Cheshire, CT. We work from the office Monday through Wednesday with the option of working remotely Thursday and Friday. As part of the Actuarial department, the candidate can enroll in IAT’s Actuarial Development Program – a program providing study time and actuarial resources for Actuarial exams. Responsibilities
Produces rate adequacy reports to assist business in understanding profitability and rate need. Develops and maintains technical pricing tools. Maintains reports to accurately measure rate, retention, and new business growth. Collaborates with underwriting, claims, IT and senior management to develop plans for new products or improvements to existing products and procedures. Gathers data, analyzes information, and makes recommendations/decisions to solve problems. Interprets the meaning of information for others within the organization. Develops tools to measure and monitor profitability by business unit and product. Identifies trends in claim frequency and claim severity and communicates results to underwriting and claims management. Estimates and recommends loss reserves to be carried in the company’s financial statements. Develops rate-making templates and provides support for state-by-state rate filings. Performs other duties as needed. Qualifications
Bachelor’s degree and 2 years of relevant experience or equivalent experience is required. Equivalent experience is defined as having 6 years of relevant actuarial experience in the P&C Insurance environment. 4 or more Actuary Exams completed or on the way to being completed are required. Able to work independently with strong oral and written communication capabilities. Able to proactively identify opportunities or problems and facilitate understanding and solution development. Able to demonstrate highly skilled analytical and conceptual thinking. Able to work effectively in a highly collaborative team environment. Able to build and maintain a network of relationships. Able to demonstrate a strong work ethic and commitment to meeting deadlines. Able to demonstrate a history of taking initiative with strong analytical and problem-solving skills. Working knowledge of Microsoft Products including Excel, SQL, or Python is preferred. To qualify, all applicants must be authorized to work in the United States and must not require visa sponsorship for employment purposes now or in the future. Compensation and Benefits
The annual gross salary range associated with this posting is $55,200 – $120,330. Actual salaries vary based on qualifications, skills, competencies, and geographical location related to this specific role. This range represents the anticipated low and high end of the base salary for this position. The total compensation includes a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more. Benefits
include: 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off 7% 401(k) Company Match and additional Profit Sharing Hybrid work environment Training and development opportunities Healthcare and Wellness Programs Opportunity to earn performance-based bonuses Educational Assistance and College Loan Support Mentorship Program Dress for Your Day Policy All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
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