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Damco Solutions · 1 week ago

Actuary Analyst

San Antonio, TX

Full-time

Onsite

New Grad, Entry Level

Damco Solutions is seeking an Actuary Analyst to understand and analyze state filing processes. The role involves developing rates, conducting trend analysis, and ensuring compliance with risk policies while utilizing actuarial methodologies to support business activities.

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

Actuarial methodologiesTrend analysisStatistical techniquesData quality assuranceRisk managementCommunication skillsProblem-solving skills

Required

Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects

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