[Remote] Actuarial Analyst
Note: The job is a remote job and is open to candidates in USA. Gallagher is a leading company in risk management, helping clients face risk with confidence through innovative solutions. They are seeking an Actuarial Analyst to perform actuarial analysis, prepare risk data, and engage with clients to provide tailored solutions while ensuring compliance and technical accuracy in their work.
Responsibilities
- Prepare and interpret risk data for complex purposes and external stakeholders
- Design insurance or retirement plans, calculate plan premiums, and determine cash reserves and premium rates to ensure sufficient funds for benefits payment and profitability
- Participate in rate-making, reserving, and risk evaluation functions
- Determine rates of mortality, sickness, retirement, etc., based on statistical data analysis
- Check actuarial calculations and reports to ensure technical accuracy and compliance with standards
- Perform actuarial work with immediate oversight, adhering to Standard Operating Procedures and actuarial models
- Interact with clients to develop relationships and provide tailored solutions
- Adjust or recommend solutions to account issues to solve problems or improve client effectiveness
- Identify trends and insights, communicating findings to key stakeholders
- Lead data collection and manipulation within spreadsheets and database applications
- Standardize datasets for evaluating clients’ risk and providing actuarial indications
- Perform benchmarking analysis, loss ratio analyses, and evaluate premium pricing against peers
- Assist in the preparation and presentation of materials for clients, including PowerPoint presentations, Power BI dashboards, and summary reports
- Ensure all worksheets and analyses are clearly documented, footnoted, and reviewed by senior actuaries
- Manage and conduct research projects, communicating findings to others under minimal supervision
- Continuously update actuarial templates, macros, and industry data
- Assist with running Monte Carlo simulation models and preparing reserving strategies
- Work independently or with a team on larger, low to moderately complex client projects/engagements
- Train new team members and contribute to the development of the internship program by mentoring interns
- Support general and actuarial consultants on ad hoc projects
- Comply with internal controls and company values while completing training and administrative activities
- Perform special projects and other duties as assigned
Skills
- Bachelor's degree; 3 years related experience
- Membership of the Society of Actuaries (SOA) with a designation of Associate, Society of Actuaries (ASA), or membership of the Institute and Faculty of Actuaries (IFoA)
- Strong exam progress towards, or qualification as, Fellow Society of Actuaries (FSA) or Fellow of the IFoA (FIA or equivalent)
Benefits
- Medical/dental/vision plans, which start from day one!
- Life and accident insurance
- 401(K) and Roth options
- Tax-advantaged accounts (HSA, FSA)
- Educational expense reimbursement
- Paid parental leave
- Digital mental health services (Talkspace)
- Flexible work hours (availability varies by office and job function)
- Training programs
- Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
- Charitable matching gift program
Company Overview
Company H1B Sponsorship