Associate Actuary
The James Allen Companies Inc.
Associate Actuary
📍 Hybrid | Some Travel Required
Presented by: The James Allen Companies Inc.
Are you an actuarial professional ready to take the next step in your career with a well-established insurance organization serving niche markets across the U.S.? We are partnering with a respected client to identify an Associate Actuary to join their collaborative Actuarial & Analytics team. This position offers a hybrid schedule and will include occasional travel to regional office locations and client sites.
💼 Position Summary
The Associate Actuary will be responsible for developing and maintaining actuarial tools, models, and forecasts that support key business objectives across underwriting, claims, and finance. This is a strategic role with the opportunity to impact both corporate planning and product performance.
📌 Key Responsibilities
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Conduct financial projections and long-term forecasts to support strategic planning
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Collaborate with Claims, Finance, and Underwriting teams to integrate actuarial insights into decision-making
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Perform loss development and IBNR reserve studies
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Conduct rate indications and rate adequacy reviews
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Build and maintain experience and exposure-based rating models
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Apply statistical modeling and forecasting techniques to provide actionable insights
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Develop algorithms for IBNR allocation and segment-level financial analysis
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Investigate new data trends and present findings to leadership
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Communicate complex actuarial concepts to technical and non-technical stakeholders
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Provide mentorship and support internal training initiatives
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Other duties as assigned
🎓 Qualifications
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Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field preferred
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Minimum of 4 years of P&C actuarial experience, with 2+ years in rate making and/or corporate planning
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ACAS designation (or near ACAS with strong progress toward completion) highly preferred
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Proven ability to translate complex actuarial analysis into business-ready recommendations
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Strong written and verbal communication skills
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Exceptional problem-solving and analytical skills
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Advanced Excel skills; proficiency in Access, R, and SQL strongly preferred
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Ability to work effectively across departments and with all levels of leadership
🛠 Work Environment & Requirements
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Office-based environment with hybrid flexibility
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Must be comfortable working in both in-person and virtual settings as needed
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Occasional travel and overnight stays required
Interested in learning more? Connect with The James Allen Companies Inc. to explore how this opportunity aligns with your actuarial career goals.