Kabtec Client

Actuarial Analyst

  • Kabtec Client
  • Remote
  • 22 days ago

Job Description

Senior Actuarial Analyst, Valuation who will:

Analyze and interpret historical data, claim patterns, and other relevant information to estimate IBNR reserves for various lines of insurance.

Develop and maintain actuarial models and methods to accurately estimate IBNR reserves, ensuring compliance with regulatory requirements.

Conduct regular actuarial valuations to assess the financial impact of IBNR reserves on the company’s balance sheet and financial statements.

Stay updated with industry trends and best practices in IBNR estimation methodologies, and implement improvements to enhance accuracy and efficiency.

Monitor and analyze emerging trends in claims, legal environment, and medical advancements, and proactively provide insights on their potential impact on IBNR reserves.

Collaborate with internal and external stakeholders, including auditors, regulators, and rating agencies, to ensure compliance and transparency in reporting IBNR reserves

Required qualifications:

Bachelor’s Degree in Statistics, Mathematics, Actuarial, Finance, or another related field of study

Successful completion of 4+ exams of the Associate of the Society of Actuaries (ASA) designation

5+ years of healthcare actuarial experience

2+ years of actuarial experience

Experience with writing queries in SQL or another programming language

Demonstrated experience applying project management skills in data-related and financial analysis projects

Preferred qualifications:

Associate of the Society of Actuaries (ASA) designation

Fellow or Associate in the Society of Actuaries (FSA or ASA)

This role specially supports valuation and it is preferred that you have 2+ years of valuation experience

2+ years of commercial pricing experience

Job Type: Full-time

Pay: $115,000.00 - $129,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Experience level:

  • 5 years

Schedule:

  • 8 hour shift
  • Holidays
  • Monday to Friday

Location:

  • California (Required)

Work Location: Remote

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