Actuarial Analyst

The Actuarial Team at CURE Auto Insurance is looking for a Actuarial Analyst to join our growing team! In this role, you will be a key member in helping CURE grow profitably. The Actuarial Analyst will be involved in a variety of actuarial work, including rate indication, reserving and development of predictive model.

Cure Auto Insurance is a unique insurance company that offers personalized auto insurance to safe drivers based on their driving record, rather than traditional factors such as credit score, education and income. The company is dedicated to providing affordable auto insurance to its customers and reducing the number of uninsured drivers on the road, while also promoting safe driving habits and giving back to the communities it serves. This position will be based out of our office in Princeton, NJ and requires an onsite presence.

Job Responsibilities

• Pricing: prepare and review of rate indication to determine the base rate adequacy and rate needs; analyze the premium and loss trends to help make an informed business decision; understand CURE's competitive positions and find suitable rating factors for CURE from competitors' filing
• Reserving: complete quarterly reserve analysis; conduct an in-depth analysis of claims and drive operational decisions to improve efficiency and reduce leakage
• Modelling: collaborating with business users, creating/testing/refining predictive models, quantifying business benefits, deploying models, and presenting results to technical and non-technical audiences
• Other work might include providing premium and loss data to reinsurers, feasibility study of other lines of business and expansion into new states.

Qualifications

• 0-1 years of P&C actuarial experience.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related major.
• 1 actuarial exams and interest in pursuing the ACAS and FCAS credential from the Casualty Actuarial Society.
• Proficiency in SQL and MS Office
• Experience with Python and VBA
• Excellent verbal and written communication skills.