What are the responsibilities and job description for the Actuarial Analyst I position at GAINSCO Auto Insurance®?
Are You Driven?® We Are.
We are a company of driven, enthusiastic, and determined people. We celebrate achievement and success. We foster innovation, determination, and recognition. Because of that, our employees feel recognized and rewarded for the contributions they make daily. At GAINSCO, it is our people that set us apart.
If you are looking for a place where you can make a difference, perceive how your work impacts the company, and be recognized for your efforts and passion, then GAINSCO is the company for you.
Why Join GAINSCO?
GAINSCO’s work environment rewards engaged individuals who have a desire to contribute and succeed. That’s because our culture encourages individuals to grow their skills as they build their careers. Come join us and become a champion with GAINSCO.
We are seeking a highly motivated Actuarial Analyst to join our team and support actuarial reserve and pricing analyses to develop recommendations for executive leadership. The Actuarial Analyst I will collaborate closely with senior actuarial analysts and actuarial leadership to execute appropriate pricing and product strategies that align with organizational goals.
What does an ACTUARIAL ANALYST I do?
- Conduct in-depth actuarial analyses of data and trends to provide recommendations for reserves adequacy and book of business pricing.
- Understand data sources, pull, query, and aggregate data for various projects as needed.
- Assist in data validation and creation of data reports for results analyses.
- Provide and maintain actuarial data and tools used by key management decision-makers.
- Research and analyze various types of data to produce rate adjustment proposals and reserve estimates.
- Collaborate with Regional Product and Corporate Product departments on key findings and rate level indications.
- Share and discuss rate change proposals with Product & Field Operations partners, ensuring the use of sound pricing data and actuarial principles.
- Assist in the production and delivery of actuarial rate filing support.
- Document assumptions, methods, sources, and considerations in an organized manner.
- Prepare actuarial briefings with the support of senior actuarial analysts and leadership.
What is required?
Education:
- Bachelor’s degree, with preference in a quantitative analytical field such as Actuarial Science, Math, Statistics, Finance and Economics.
- Successful completion of a minimum of one actuarial exam.
Experience:
- Prior actuarial or financial analytics experience, including relevant internships, is preferred.
Other skills and abilities:
- Basic knowledge of actuarial ratemaking principles, reserving theories, and techniques.
- Experience collaborating on cross-functional team projects.
- Demonstrable skills in performing mathematical calculations; strong computer skills, particularly in databases and spreadsheets (SAS VBA/SQL).
- Familiarity with programming using R, Python, or equivalent.
- Excellent analytical, critical thinking, and problem-solving skills with exceptional attention to detail.
- Strong written and oral communication skills with the ability to present complex information clearly.
- Well-organized, detail-oriented, and capable of effectively planning work for multiple projects.
- Self-motivated individual able to work independently in a fast-paced environment and contribute as part of a dynamic team.
What else do you need to know?
- Hybrid
- Excellent benefits package: medical & dental (Basic plan FREE), vision insurance, life insurance, short term, and long-term disability insurance.
- Parental Leave Policy.
- 401K Company Match.
- PTO Paid Company determined Holidays.
All offers are contingent upon a background investigation (including employment, education, criminal and DMV verification- when applicable) and a pre-employment drug test with results satisfactory to GAINSCO.
GAINSCO is an Equal Employment Opportunity Employer
