3 Actuarial Analyst I Jobs in Costa Mesa, CA
AAA Auto Club Enterprises is Hiring an Actuarial Analyst I Near Costa Mesa, CA
You will also develop recommendations for rate plan modifications and reserve reviews. Perform actuarial studies and research as directed.
What You’ll Do:
- You will perform data gathering, calculations, and analysis required for actuarial projects, including rate and reserve reviews as well as special projects.
- You’ll make recommendations for rate and reserve level adjustments based on guidelines provided.
- You will compile loss experience data to respond to data calls from regulators or other external sources.
- You’ll develop information from the Actuarial Data Warehouse and other sources as directed by supervisor to develop trends in loss results.
- You will progress toward professional designation by developing actuarial technical expertise as evidenced by passing actuarial exams.
- You’ll maintain current rate manuals of major competitors. Prepare comparisons of rates and rating plans as directed.
- You will research legislation or court decisions which may impact insurance costs.
- You’ll analyze and prepare recommendations, within guidelines provided, to modify the Club's rate structure to respond to changes.
- To thrive in this role, you must hold at least a bachelor’s degree in mathematics, statistics, actuarial science or related discipline.
- Have 1 - 3 years prior actuarial experience.
- Have completed 2 – 3 Casualty Actuarial Society exams.
$76,400.00 - $101,900.00
Additionally, you will be eligible to participate in our incentive program based upon the achievement of organization, team and personal performance.
Remarkable benefits:
- Health coverage for medical, dental, vision
- 401(K) saving plan with company match AND Pension
- Tuition assistance
- PTO for community volunteer programs
- Wellness program
- Employee discounts
“Through dedicated employees we proudly deliver legendary service and beneficial products that provide members peace of mind and value.”
AAA is an Equal Opportunity Employer
The Automobile Club of Southern California will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
Job Summary
Full Time
$83k-101k (estimate)
06/09/2024
07/18/2024
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Quotes from people on Actuarial Analyst job description and responsibilities
Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.
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They use statistical models to analyze data and assess risk.
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They teach math concepts that are very specific to the actuarial field.
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Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.
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Actuarial Analysts use statistics and mathematics to predict financial risks for companies.
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Career tips from people on Actuarial Analyst jobs
Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.
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Entry-level positions for Risk Analysts typically require.
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The best actuarial science schools are ones that have a good reputation, has accreditation, and has a large percentage of graduates finding employment after earning their degree.
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To earn the Associate of the Society of Actuaries designation, students must pass a specialized series of actuarial science exams.
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Pass at least one actuarial exam.
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