Signal Mutual · 14 hours ago
Actuarial Associate
Norwalk, CT
Full-time
Hybrid
Senior Level
$150K/yr - $180K/yr
5+ years expSignal Mutual is seeking an experienced Associate Actuary to join their Corporate Actuarial team. This role supports reserving, pricing, data analytics, and enterprise risk management functions, contributing to strategic decision-making across the organization.
InsurancePublic SafetySecurity
Hiring Manager
Kelly Leatherwood
Responsibilities
Conducts quarterly reserve reviews and monitors Signal Mutual’s portfolio of USL&H (Longshore) and other WC claims
Studies trends in paid and incurred patterns for medical, indemnity and expense to better understand development and cash flows
Leverages applicable external data, such as industry trends, medical CPI indices, wage trends, and other economic indices to better inform the reserving practice
Analyze statistical data, claims experience and market trends to inform pricing decisions. Based on this analysis, provide premium and loss projections for the financial and underwriting budget and analyze and explain variances from budget
Assist in development of new and enhancement of current actuarial tools to improve the accuracy and efficiency of reserving and pricing
Work closely with Member and Operational Data and Reporting Team
Develop new or enhance current reports and reporting tools. May include development of AI tools or agents
Develop and implement models leveraging large datasets, statistical analyses and predictive analytics to support business decisions
Translate complex data into actionable insights and present findings to stakeholders in clear, business-friendly language and data visualization
Support capital modeling work by providing required data and understanding and discussion of model inputs and outputs
Support ERM framework and maintain the risk register
Monitor and analyze emerging risks
Qualification
Required
Bachelor's in actuarial science, mathematics, statistics, or related field
5+ years actuarial experience in P&C insurance
Strong communication skills and ability to work independently and collaboratively
Proficiency in Power BI and statistical tools (Python, R, SQL)
Preferred
ACAS designation preferred; progress toward ACAS (5+ exams) considered
3+ years in workers' compensation strongly preferred
Familiarity with predictive modeling is a plus
Company
Signal Mutual
Signal Mutual Indemnity Association Ltd was established in 1986 to meet the demand for reasonable and stable longshore workers’ compensation insurance rates.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Carole Kirk, CPA
Chief Financial Officer
Yvonne M. Poster
Chief Financial Officer
Company data provided by crunchbase