AEGIS Insurance Services Inc. has an immediate opening for:
Assistant Actuarial Analyst, Reserving
Job Description:
AEGIS Insurance Services, Inc. ("AEGIS") has an immediate opening for an Assistant Actuarial Analyst, Reserving to support the development, maintenance, and enhancement of models, collaborate cross-functionally with internal stakeholders such as Claims, Underwriting, and IT, and contribute to rate monitoring and adequacy analyses. The ideal candidate is analytically strong, a clear communicator, and actively pursuing membership in theCasualty Actuarial Society (CAS).
Job Requirements:
- Actuarial internship or relevant experience in the insurance industry desired
- Undergraduate degree in Actuarial Science, Mathematics, Statistics, or a related discipline
- Completion of at least 1 CAS exam desired
- Proficiency in Microsoft Excel, including advanced functions and data analysis tools
- Demonstrated ability to think programmatically and apply problem-solving skills
- Exposure to programming languages such as SAS, R, Python, SQL, and/or VBA is desired, with the ability to manipulate data, automate processes, and support model development
Candidate Attributes:
- Collaborative Communications and Behavior: Develops and maintains effective working relationships as a team member and across divisions; readily collaborates and shares information, seeks and provides constructive feedback, and supports a respectful workplace
- Initiative and Accountability: Proactively addresses opportunities to enhance AEGIS' people, processes, products, and services, takes ownership for one's responsibilities by acting with integrity and in the best interest of the organization and stakeholders
- Quality-Focused: Demonstrates a solution-focus, displays thoroughness and accuracy through quality deliverables, and demonstrates persistence and perseverance in achieving concrete and tangible outcomes
- Service-Oriented: Conveys a genuine desire and ability to anticipate and meet customer needs and creates and nurtures mutually beneficial relationships within AEGIS and with AEGIS Members and brokers
Essential Job Functions
- Support reserve analyses across various lines of business
- Assist in producing quarterly reserving analyses, identifying trends and the underlying factors contributing to movements
- Contribute to the semi-annual reviews of reserve adequacy and support the development of reserving strategies by analyzing historical performance, trend studies, industry benchmarks, and emerging risks to evaluate reserving effectiveness and inform strategic decision-making
- Support the development, maintenance, and enhancement of actuarial reserving models to support reserving requests and improve reserving precision
- Contribute to the development and implementation of predictive analytics tools to enhance reserving precision and identify new risk signals
- Assist in maintaining thorough documentation of model assumptions, methodologies, and updates to ensure transparency and reproducibility
- Validate and reconcile data inputs to ensure the integrity of reserving analyses and model outputs
- Assist in the preparation of internal and external reports in a timely and accurate manner, identifying trends, potential questions, and areas for further exploration
- Collaborate with IT and Data teams to ensure data integrity and support automation of actuarial processes
- Collaborate closely with Claims and other business units to ensure reserving recommendations are well-informed and actuarially sound
- Build and maintain strong working relationships with non-actuarial functions to enhance cross-functional understanding and alignment
- Assist in the presentation and explanation of actuarial results using sound judgment and discretion, tailoring content to the audience and business context
- Communicate complex actuarial concepts clearly and concisely to non-technical stakeholders, supporting informed decision-making
- Maintain steady progress toward CAS credentials and actively participate in internal training, knowledge-sharing sessions, and industry learning opportunities
- Stay current with emerging actuarial tools, techniques, and industry trends to continuously improve analytical capabilities
www.aegislink.com
EOE
AEGIS Insurance Services, Inc. participates in E-Verify
We expect to pay a starting salary between $70,000 and $80,000. An applicant's placement within this range is based on their individual qualifications and professional experience. In addition to base salary, AEGIS employees are eligible to participate in the Company's annual incentive program, with competitive awards based on corporate and individual performance.
In addition, we offer a comprehensive and competitive suite of options for health & wellness, retirement, income protection, time off and additional benefits:
- Health & Wellness: Medical, dental, vision, mental health support and employee assistance programs
- Retirement: 401(k) with matching contribution
- Income Protection: Life, disability, accident and critical illness insurance
- Time Off: Vacation days, sick days, holidays and family/military leave options
- Other: Commuter benefits, pet insurance, hybrid work schedule
- Growth: Tuition assistance and professional development opportunities
In addition, we offer a comprehensive and competitive suite of options for health & wellness, retirement, income protection, time off and additional benefits:
Health & Wellness: Medical, dental, vision, mental health support and employee assistance programs
Retirement: 401(k) with matching contribution
Income Protection: Life, disability, accident and critical illness insurance
Time Off: Vacation days, sick days, holidays and family/military leave options
Other: Commuter benefits, pet insurance, hybrid work schedule
Growth: Tuition assistance and professional development opportunities
We will consider this application carefully, but it does not guarantee employment. Selection is on a competitive basis. In addition, you must meet employment standards and specific position requirements. Qualified applicants will receive consideration for employment without regard to race, creed, color, sex, sexual orientation, age, marital status, disability, national origin, veteran status or any other legally protected status.
AEGIS Insurance Services, Inc. participates in E-Verify.