Actuarial Analyst II - General Motors Insurance

re serious about the safety and financial security of our customers.

This position will be posted until filled.

The Actuarial Analyst II performs analyses and tasks needed to generate and support adequate insurance products rates as well as support reserve estimation performed by our reserving partners (work that will ultimately be undertaken in-house). This individual will support rate development, rate filing development and rate testing for state launches and active states. The Actuarial Analyst II will help develop and support data management and analytical tooling that enables actuarial analyses. Prior personal lines ratemaking experience is a big plus. We require the candidate to have at least three actuarial exams in pursuit of the Casualty Actuarial Society associateship or fellowship credential and we will provide support for pursuing the credential.

About the role

• Apply actuarial ratemaking methods following defined procedures with limited oversight

• Manipulate, transform, calculate, and visualize data using a variety of tools and functions

• Use the results of predictive models to inform decisions and make recommendations

• Identify and evaluate trends in business metrics and how they may impact ratemaking and reserving

• Develop rate filing support as needed

• Participate in rate validation testing and ensure rating engine is working as intended

• Support data management to ensure the appropriate data and data aggregation techniques are available to perform ratemaking and reserving analyses

• Support the design and use of standard actuarial analyses such as rate level indications, rate change impact analysis, and reserve development

RESPONSIBILITIES

What makes you a dream candidate?

• Knowledge of personal lines insurance products and pricing analysis (auto experience preferred)

• Experience with pricing new states and/or new products is a plus

• Working knowledge of data management, and the ability to communicate data management requirements, that supports pricing and reserving analyses

• Proficient with Microsoft Office Suite as well as database creation and manipulation programs (eg, SQL) and business intelligence software

• Ability to retrieve and analyze data to support pricing decisions (experience with DataBricks is a plus)

• Experience with InsurQuote and/or WTW Radar Base as well as with programming languages such as R or Python are a plus

• Effective communication (verbal and written), cross-collaboration and team skills and the ability to work effectively in a team environment as well as adaptability to rapidly changing business and technological needs, with frequently changing priorities

• Ability to meet expected delivery dates and the tasks necessary to achieve objectives

• Ability to manage multiple projects simultaneously and have strong organizational skills to prioritize work appropriately

• Ability to meet documentation standards and demonstrates integrity while successfully managing work demands

QUALIFICATIONS

Experience

• Bachelor's Degree in Mathematics, Actuarial Science, Data Science, Statistics, Computer Science, or other quantitative field

• 1-3 years work of experience with actuarial ratemaking and reserving, statistics, data science, or related quantitative experience (strong preference for personal lines insurance experience) required

Licenses

• Actively pursuing actuarial credential (Casualty Actuarial Society strongly preferred) with a least 3 exams passed

  • We offer an Actuarial Career Support Program for eligible employees

What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.

Our Culture: Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.

Compensation: Competitive pay and bonus eligibility

Work Life Balance: 100% remote
#gmfjobs #LI-CH1 #remote

The base salary for this role is $87,000 to $165,500.

At GM Financial, we strive for transparency and in all aspects of our business, including pay equity. This is the GM Financial pay range for this role and job level. The exact salary and compensation will vary based on factors like knowledge, skills, experience and education.

This role is eligible to participate in a performance-based incentive plan. Full time employees are eligible to participate in health benefits on day one of employment.