Penn National Insurance · 1 day ago
Actuarial Assistant
Harrisburg, PA
Full-time
Onsite
Entry, Mid Level
2+ years expPenn National Insurance is seeking an analytical and motivated Actuarial Assistant to support the Actuary and Senior Actuary in conducting rate and reserve reviews. This role involves applying actuarial methodologies, performing pricing and profitability analyses, and developing data-driven insights to support various business operations.
Financial ServicesInsurance
Responsibilities
Utilizes actuarial methodology and assumptions
Completes detailed pricing analysis, e.g. homeowners amount of insurance and class relativities
Acts as the Actuarial Department’s expert on the construction and use of the Enterprise Data Warehouse
Applies data to solve common business problems
Compiles, manipulates and analyses data of varying complexity
Communicates results of analysis to the Actuary, Senior Actuary, or VP – Actuarial
Communicates with company Underwriting Operations staff and Claims Division staff with regard to data analysis
Stays abreast of emerging topics in actuarial-related insurance issues
Prepares rate filing materials, including appropriate supporting exhibits and documentation
Monitors the activity of rate bureaus and regulatory agencies
Develops rate or reserve analysis
Develops computer application systems for analysis, manipulation, and reporting of actuarial data
Prepares profitability studies by reporting segment including size of policy, industry segment, and agent
Performs other duties as may be assigned by the Senior Actuary
Qualification
Required
Bachelor of Science degree in mathematics, actuarial science or similar curriculum providing rigorous analytical training
Minimum of 2 years of general Actuarial experience or 1 year of Actuarial experience and the successful completion of two exams of the Casualty Actuarial Society
Requires statistical and math skills necessary for completion of actuarial exams
Requires the ability to think critically and exercise independent judgment in the analysis of data
Requires a basic understanding of actuarial pricing and reserving techniques for various lines of business
Knowledge of the fundamentals of property and casualty insurance
Uses skills obtained through the completion of actuarial exams to analyze data and information
Familiarity with personal computer spreadsheets and database programs
Strong organizational skills
Must possess good written and oral communication skills
This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment
Must be able to see and effectively use a computer monitor
Must be able to operate a computer, keyboard and applicable printers and other general office equipment
Must be able to access and enter information accurately using automated systems
Must be able to hear and communicate via the telephone and/or monitoring devices to both internal and external clients
Must be able to present information to individuals and groups
Must be able to interpret and apply concepts that may or may not be based upon established guidelines
Must be able to maintain acceptable attendance and adhere to scheduled work hours
Must have a valid driver's license and be able to operate a motor vehicle
Must be able to travel, with overnight stays required
Preferred
Two or more exams of the Casualty Actuarial Society preferred
Prior experience to include ratemaking or reserving experience preferred
Benefits
Generous 401(k) match
Graded profit sharing
Incentive compensation
A wide range of benefits to support your financial health, physical well-being and career development
Remote and hybrid work options
Flexible scheduling
Dress-for-your-day culture
Employee recognition programs
100% tuition reimbursement for academic studies
Tailored designation programs to help you advance in your career such as CPCU, AINS, CPA, CISSP, and more
Company
Penn National Insurance
Penn National Insurance is a property-casualty mutual insurance company
Founded in 1919Harrisburg, Pennsylvania, USA
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Robert Brandon
President & CEO
J
John Foster
Senior Vice President, Insurance Operations
Recent News
2025-12-11
2024-04-08
Franklin County Free Press
2023-12-26
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