Hankey Group
Risk Analyst - Data and Analytics (Insurance)
Los Angeles, CA | On-site | Risk & Data
Pay Range:
$65,000-$75,000 Per Year. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.
About Knight Insurance Group
Knight Insurance Group is a privately‑owned property & casualty insurance company with total assets of over $1.7 billion. Part of our mission is to encourage creativity at all levels and embrace new technology. We strive to provide dependable insurance solutions through our commitment to innovation, technology, and efficiency.
What’s the role?
Knight Insurance Group is a leading insurance carrier seeking a Risk Analyst to join our team in Los Angeles. The Risk & Data team are looking for an individual who demonstrates attention to detail to evaluate risk, estimate losses and assist in quantitative review of Knight’s rates across various programs. The individual should be self‑motivated, organized and have great quantitative skills. The candidate will need to understand various actuarial methods to estimate loss and be able to use industry data to make projections on lifetime loss. The Risk Analyst will report to the VP of Risk.
What you’ll do as a Risk Analyst?
Study statistical data for the purpose of creating an analysis
Create estimates of probability and likely costs for a given event such as death, natural disaster, or sickness
Calculate how insurance policies for different types of coverage are likely to pay out
Generate charts and present them at meetings along with explaining the information
Analyze reports to determine next steps for the company or client
Prepare actuarial proposals for management and business partners
Develop recommendations on rates and rating plans to satisfy financial objectives of the organization
Review pricing algorithms, understand key underwriting metrics, engage with the risk team and external actuaries to assist in quantifying Knight's reserve adequacy
Qualifications
Bachelor’s degree in mathematics, actuarial science, statistics, or another analytical field
Prior experience in insurance preferred
Knowledge of statistics, probability, and calculus
Strong written and verbal communication skills to clearly relay information to other employees at the company or the client
Analytical skills to determine specifics of insurance policies and avoid any errors that would lead to negative consequences
Experience with computers and statistical modeling software
Knowledge of business and financial concepts
Organizational skills to keep track of multiple projects or cases at a time
Benefits
Medical, Dental, and Vision benefits
Supplemental life insurance policies for you and your dependents
Long term disability insurance
Flexible Spending Account (FSA)
Employer paid life insurance
Retirement plans: Employer match, 401(k) and Employee Stock Ownership Plan (ESOP)
Metro‑link Reimbursement
Career Path Opportunities
Onsite Gym with group Yoga and Pilates; classes
UKG Wallet (access to your pay before payday)
Tickets at Work - Discounts on parks, museums, movie tickets and more
AT&T Wireless Discounts
Midway Rent a Car - Rental car Discounts
Dell Member Purchase Program
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative.
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Pay Range:
$65,000-$75,000 Per Year. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.
About Knight Insurance Group
Knight Insurance Group is a privately‑owned property & casualty insurance company with total assets of over $1.7 billion. Part of our mission is to encourage creativity at all levels and embrace new technology. We strive to provide dependable insurance solutions through our commitment to innovation, technology, and efficiency.
What’s the role?
Knight Insurance Group is a leading insurance carrier seeking a Risk Analyst to join our team in Los Angeles. The Risk & Data team are looking for an individual who demonstrates attention to detail to evaluate risk, estimate losses and assist in quantitative review of Knight’s rates across various programs. The individual should be self‑motivated, organized and have great quantitative skills. The candidate will need to understand various actuarial methods to estimate loss and be able to use industry data to make projections on lifetime loss. The Risk Analyst will report to the VP of Risk.
What you’ll do as a Risk Analyst?
Study statistical data for the purpose of creating an analysis
Create estimates of probability and likely costs for a given event such as death, natural disaster, or sickness
Calculate how insurance policies for different types of coverage are likely to pay out
Generate charts and present them at meetings along with explaining the information
Analyze reports to determine next steps for the company or client
Prepare actuarial proposals for management and business partners
Develop recommendations on rates and rating plans to satisfy financial objectives of the organization
Review pricing algorithms, understand key underwriting metrics, engage with the risk team and external actuaries to assist in quantifying Knight's reserve adequacy
Qualifications
Bachelor’s degree in mathematics, actuarial science, statistics, or another analytical field
Prior experience in insurance preferred
Knowledge of statistics, probability, and calculus
Strong written and verbal communication skills to clearly relay information to other employees at the company or the client
Analytical skills to determine specifics of insurance policies and avoid any errors that would lead to negative consequences
Experience with computers and statistical modeling software
Knowledge of business and financial concepts
Organizational skills to keep track of multiple projects or cases at a time
Benefits
Medical, Dental, and Vision benefits
Supplemental life insurance policies for you and your dependents
Long term disability insurance
Flexible Spending Account (FSA)
Employer paid life insurance
Retirement plans: Employer match, 401(k) and Employee Stock Ownership Plan (ESOP)
Metro‑link Reimbursement
Career Path Opportunities
Onsite Gym with group Yoga and Pilates; classes
UKG Wallet (access to your pay before payday)
Tickets at Work - Discounts on parks, museums, movie tickets and more
AT&T Wireless Discounts
Midway Rent a Car - Rental car Discounts
Dell Member Purchase Program
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative.
#J-18808-Ljbffr