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Actuarial Analyst I
Actuarial Analyst I-November 2024
Dearborn
Nov 21, 2024
ABOUT THE AUTO CLUB GROUP
Representing more than 13 million members, The Auto Club Group is one of the largest clubs in the national AAA association. ACG employs more than 10,000 people and covers a 14-state region consisting
5,001 - 10,000 employees
Insurance, Travel and Hospitality
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About Actuarial Analyst I

  It's a great time to join AAA The Auto Club Group!

  JOIN THE TEAM COMMITTED TO DRIVING YOUR CAREER FORWARD

  Job Type:Full time

  Exempt/Non Exempt:Salary

  Job Description:

  Actuarial Analyst I - The Auto Club GroupWhat you will do:Depending on team assignment, responsible for learning and utilizing various actuarial techniques and procedures, to include but not limited to:

  development of pricing for current and/or new property/casualty insurance coverage and products

  executing the scheduled rate reviews and indications to ensure rates are adequate, not excessive or unfairly discriminatory and internally consistent with experience

  analyzing and preparing competitive product and rate comparison reports

  formulating and interpreting ratemaking models using available tools

  analyzing data, developing material and preparing appropriate communication

  assist with classification analysis for existing and future products

  support state filings and respond to inquiries from DOIs

  Manipulate data for actuarial review using standard software packages. Begin to apply actuarial methods and principals to obtain indications, complete projects, analyze results and make recommendations. Research suitable trend indications for analysis. Analyze competitor's rate structures and coverage. Prepare reports, proposals, system documents, filing support and documentation files. Provide support to projects as required.How you will benefit:Actuarial Analyst I's will earn a competitive salary of $55,000 to $75,000 annually with annual bonus potential based on performance.

  Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:

  401k Match

  Medical

  Dental

  Vision

  PTO

  Paid Holidays

  Tuition ReimbursementWe're looking for candidates who:Preferred Qualifications

  knowledge of insurance industry terminology and concepts.

  Required Qualifications (these are the minimum requirements to qualify)Education

  Bachelor's degree in Actuarial Science, Statistics or a related field.

  Maintain eligibility in the Actuarial Professional Development Program following department guidelines, including but not limited to successful completion of one or more actuarial examinations either prior to or within 18 months of date of hire.Experience:

  performing research and statistical analysis to complete assignments

  PC software applications (e.g. Word, Excel, PowerPoint, Access, etc.)

  Knowledge and Skills:

  statistical software tools and/or statistical modeling concepts to develop recommendations and draw conclusions

  preparation/presentation of material

  managing workflow to achieve multiple goals

  working individually and as part of a team

  communicate effectively with others in a work environment.#LI-AM1

  Who We AreBecome a part of something bigger.

  The Auto Club Group (ACG) provides membership, travel, insurance, and financial service offerings to approximately 14+ million members and customers across 14 states and 2 U.S. territories through AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.

  By continuing to invest in more advanced technology, pursuing innovative products, and hiring a highly skilled workforce, AAA continues to build upon its heritage of providing quality service and helping our members enjoy life's journey through insurance, travel, financial services, and roadside assistance.

  And when you join our team, one of the first things you'll notice is that same, whole-hearted, enthusiastic advocacy for each other.

  We have positions available for every walk of life! AAA prides itself on creating an inclusive and welcom

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