Note: The job is a remote job and is open to candidates in USA. CSAA Insurance Group, a AAA insurer, is one of the leading personal lines property and casualty insurance groups in the United States. As an Actuarial Pricing Design Analyst, you will research and develop new methods for insurance rating and loss reserving, while ensuring compliance with regulatory requirements.
Responsibilities
- Perform GLM and other statistical techniques to build, maintain, and enhance the auto and homeowners rating algorithms to improve segmentation or customer experience
- Evaluate and estimate model related impacts and demonstrate expected results from the models
- Implement formal modeling processes from end to end including data gathering, data profiling, numerical model building, calibration, and validation
- Work with Pricing and Product Management to provide filing support, product performance monitoring, and other ad hoc support to provide business insights
- Provide recommendations and assistance in implementation of rating structures and pricing strategies
- Update and maintain the loss cost modeling data sets
- Understand and analyze industry developments, trends and market landscape
- Perform competitive analysis and understand competitors' products
- Support development of new products
- Review work of peers and provide training to junior analysts
- Develops and analyzes data related to complex actuarial functions
- Evaluates analytical work done by others and makes decisions and recommendations that take into account internal and external environment
- Follow developing trends of market landscape
- Provides training to Actuarial Analysts
- Develops and analyzes new methodologies for insurance rating and loss reserving
Skills
- BA/BS in statistics, mathematics, actuarial science or related area and 5 years of post-bachelor experience performing statistical and actuarial analysis on personal lines insurance
- Or Graduate degree in statistics, mathematics, actuarial science or related area and 3 years experience performing statistical and actuarial analysis on personal line insurance
- At least 5 years of experience performing statistical and actuarial analysis on personal lines pricing insurance
- Completion of 5 or more actuarial exams
- Proficiency in statistical analysis and programming languages, such as: SQL, R, Python, Emblem, Radar, etc
- Strong analytical and communication skills
- Expert-level problem solving and critical thinking skills
- Proven oral and written communication skills, including the ability to give formal presentations
- Proven team leadership ability
- Basic computer software programming skills
- Effective problem solving and critical thinking skills
- Effective oral and written communication skills
- Ability to work effectively in a team environment
- Possesses pattern-recognition skill and logic-based thinking
- Have a solid understanding of the market landscape
- In depth actuarial industry knowledge and knowledge of the insurance marketplace
- Actively shapes our company culture (e.g., participating in employee resource groups, volunteering, etc.)
- Lives into cultural norms (e.g., willing to have cameras when it matters: helping onboard new team members, building relationships, etc.)
- Travels as needed for role, including divisional / team meetings and other in-person meetings
- Fulfills business needs, which may include investing extra time, helping other teams, etc
Benefits
- Recognition: We offer a total compensation package, annual bonus eligibility for most roles, 401(k) with a company match, and so much more!
- Opportunity for a company-wide annual discretionary bonus, through our Annual Incentive Plan (AIP), of up to 10% of eligible pay.
- 401(k) with a company match
- Career Growth: leaders and mentors partner with employees to align interests, unlock development opportunities, and support long‑term success.
- Flexible Workplace: remote-first culture; most employees hold Home-Flex roles, working primarily from home, often with the flexibility to work from various locations including CSAA offices.
Company Overview