What are the responsibilities and job description for the Associate Actuary position at Stillwater Insurance Group?
Associate Actuary
Located in Jacksonville, FL
Join our collaborative team where you will have meaningful opportunities for growth and advancement. Our small, nimble structure means your experience will be rewarded with autonomy and the ability to impact results. Enjoy a positive, friendly work environment with accessible leadership.
Why Stillwater?
Stillwater Insurance Group is a national, admitted, AM Best and Demotech rated, mid-sized P & C insurance company offering a variety of home, auto, and commercial insurance products across all 50 states. We are headquartered in Jacksonville, Florida, with additional offices in New York and Omaha, Nebraska. As a leading national carrier, we are proud to provide insurance solutions nationwide, with a strong reputation for stability and service.
At Stillwater, our employees consistently describe us as a great company with great people, where honesty and integrity are top priorities. As a team member, you will have the opportunity to make a difference every day, contribute to the company's growth, and engage with emerging technologies. With a focus on coaching, development, recognition, and professional growth, we offer the advantages of working in a small, collaborative team environment—backed by the resources and reach of a national carrier.
The Senior Actuary will report directly to the President/CEO and will work across multiple lines of business, including Auto, Home, and Commercial. This role will involve key responsibilities such as modeling, pricing, product development, reserving, and analytics. The Senior Actuary will collaborate with teams and departments across Stillwater, ensuring alignment and driving success in our nationwide operations.
DUTIES AND RESPONSIBILITIES:
- The position will require an in-depth knowledge of RMS and AIR modeling software. Modeling software will be utilized to develop and refine cat by-peril pricing.
- Provides actuarial analyses and opinions to support Stillwater's key strategic and tactical business decisions.
- Provides forecasts for exposures, premiums, insured values, and losses for risk management, reinsurance, and budgeting purposes.
- Assist in the ratemaking and reserving processes.
QUALIFICATIONS:
- Bachelor’s degree in actuarial science, Mathematics, Statistics, or related field
- FCAS/ACAS designation; Fellow/Associate of the Casualty Actuarial Society and member of the American Academy of Actuaries.
- Strong knowledge of personal and commercial insurance pricing.
- Experience with statistical modeling and data mining in a Property & Casualty insurance context using large and complex datasets.
- Actuarial experience required.
- Experience in statistical modeling techniques.
- Knowledge of products and concepts relating to the Property and Casualty industry.
- Advanced Microsoft Office (Excel, Outlook, Word, PowerPoint) skills.
- Must be able to read, analyze, and interpret program related laws and regulations and establish necessary work processes and procedures.
- Must be able to use critical thinking skills to arrive at solutions and suggest improvements to processes.
- Ability to analyze/solve complex problems and be ‘hands-on’ with the data and tools.
- Proven ability to manage multiple projects and meet deadlines.
- Strong verbal and written communication skills.
- Acute attention to detail.
Stillwater offers:
1. Business casual work environment – wear your jeans to work!
2. Office location near I-95 and Butler Blvd. – convenient for shopping and dining.
3. Medical, dental, vision, and life insurance benefits to keep you and your family protected.
4. 401(k) Plan to help you plan for your retirement with Employer Match.
5. Gym/Fitness Center reimbursement to support your commitment to staying healthy.
6. Generous Paid Time Off (PTO) program to help you maintain your work/life balance.
7. Relocation assistance is available.
Apply today to start your journey of being celebrated and valued with Stillwater Insurance Group.
Our offer is contingent upon a favorable response from both a pre-employment background investigation and a drug screen.
Stillwater Insurance Group is an equal opportunity employer and a drug-free workplace.
