Job Title: Sr. Actuarial Analyst
Reports to: VP of Actuarial Services
Direct Reports: None
Location: Jacksonville Office Location
Position type: Full Time
Business Hours of Operation: Monday-Thursday, 8:00AM-6:00PM and Friday, 8:00AM-5:00PM
FLSA Status: Exempt, Salaried
Who We Are: Olympus Insurance Company is the premier insurance partner, providing the broadest coverage and superior service for Florida homeowners since 2007. We believe that insurance is a promise, and we honor our commitment to help homeowners navigate life's inevitable storms. Becoming an Olympian means joining a vibrant and encouraging team where you can be a part of delivering the insurance experience that people deserve. Think Ahead. Think Olympus.
What Olympus Offers: At Olympus our White-Glove service extends to our team members! We offer employer-sponsored medical, dental, and vision plans, along with company-paid life insurance and short- and long-term disability coverage. Secure your future with our 401K plan that includes up to 4% company match.
Enjoy a welcoming employee breakroom, paid time off, paid holidays, pet insurance, company discount programs, and opportunities for educational and professional development. With many additional perks, we're committed to supporting your health, happiness, and career growth!
Job Summary: The primary responsibility of the role will be to assist in executing responsibilities related to pricing, reserving, and data analysis support for Underwriting, Claims, Marketing, Sales, Accounting, and IT.
Essential Duties and Responsibilities: - Technical lead for pricing, reserving, data analytics, or predictive modeling.
- Provides thought leadership and mentorship to junior team members, fostering technical excellence and innovation.
- Develops and prepares analysis utilizing accepted actuarial techniques to lead technical actuarial projects with limited guidance.
- Communicates analysis results and proposals to management, regulators, and other non-technical users both in writing and orally.
- Identifies opportunities to improve rating/reserving systems by increasing efficiencies.
- Conducts rating and underwriting research, search for competitor filings and identify and analyze variables and algorithms for improved risk segmentation.
- Works with vendors and regulators as necessary to ensure expeditious regulatory approval of company filings.
- Continues to progress in actuarial exams in pursuit of professional designation.
- Available to work outside of normal business hours for catastrophic events as it pertains to the business.
Please note these duties and responsibilities are not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.
Qualifications (Education/Experience): - Bachelor's degree in actuarial science, mathematics, statistics, finance, economics, or related fields.
- Proven analytical and problem-solving abilities.
- Successful completion of 5+ CAS exams.
- 3+ years of professional experiences in actuarial, insurance, or related fields.
Skills Required: - Ability to adapt to a changing work environment and competing demands.
- Ability to deal with frequent change, delays or unexpected events.
- Ability to establish and maintain effective and collaborative working relationships with those contacted in the course of work.
- Ability to exercise good judgment and maintain confidentiality in maintaining critical and sensitive information, records, and reports.
- Ability to use critical thinking skills to arrive at solutions.
- Ability to prepare clear, accurate and concise financial records and reports.
- Ability to manage multiple priorities to ensure that deadlines are met.
- Ability to communicate effectively orally and in writing.
- Advanced skill in the use of Microsoft Office products (Excel, Outlook, Word).
- Intermediate SQL skills.
- Actuarial modeling skills, e.g., pricing, reserving, predictive modeling, etc.
- Intermediate programming skills, e.g., Python, R, etc.
Skills Preferred: - Understanding of the Florida residential insurance market.
- Experience with data visualization tools, e.g., PowerBI, Tableau, etc.
- Experience with mapping software, e.g., ArcGIS, QGIS, etc.
EEOC Compliance Olympus Insurance Company is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based upon race, religion, color, national origin, sex, age, sexual orientation, gender identity, status of an individual with a disability, veteran status or any other characteristics protected by federal, state or local law.