Damco Solutions ยท 1 week ago
Actuary Analyst
Damco Solutions is a company seeking an Actuary Analyst to understand and analyze state filings and rates. The role involves applying actuarial methodologies to complete projects, ensuring data quality for trend analysis, and managing business risks in accordance with compliance policies.
Enterprise SoftwareInformation TechnologyInsuranceSoftwareSoftware EngineeringWeb Development
Responsibilities
Understand and analyze the assigned state and responsible for completing state filing process including but not limited to developing rates, trend analysis, revise rates, prepare documentation to DOI, get the sign off from Lead Actuary and coordinate and respond for any DOI objections
Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects
Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs required models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an Director of respective Line of Business
Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product
Apply understanding of products supported, stakeholders' needs, and industry trends to solve unstructured business problems
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures
Qualification
Required
Understand and analyze the assigned state and responsible for completing state filing process including but not limited to developing rates, trend analysis, revise rates, prepare documentation to DOI, get the sign off from Lead Actuary and coordinate and respond for any DOI objections
Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects
Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs required models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an Director of respective Line of Business
Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product
Apply understanding of products supported, stakeholders' needs, and industry trends to solve unstructured business problems
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures
Company
Damco Solutions
Damco Solutions is a provider of IT solutions, services, and products.
Funding
Current Stage
Late StageRecent News
2025-09-17
UAE Business Review
2025-09-17
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