Penn Mutual Logo

Penn Mutual

Actuarial Analyst

Posted 7 Hours Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
75K-90K Annually
Entry level
Remote
Hiring Remotely in United States
75K-90K Annually
Entry level
Performs actuarial calculations and analyses across product development, financial management, reserving, experience studies, risk management, reporting, and regulatory requests. Investigates data and assumption issues, prepares reports and presentations, supports audits and research, and improves actuarial processes using emerging technologies and AI-enabled tools. Collaborates with Accounting and Operations while progressing toward ASA and FSA designations.
The summary above was generated by AI

Job Description:

We're looking for an Actuarial Analyst to join Penn Mutual! In this role you will gain hands-on experience across multiple actuarial disciplines while progressing toward your FSA designation. This role offers a dynamic blend of analytical work, collaboration across teams, and professional growth.

We’ve embraced a flexible, remote first approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.
 

Responsibilities

  • Perform actuarial calculations and analyses supporting product development, financial management, reserving, experience studies, risk management, and other business initiatives.
  • Analyze data, assumptions, and results, investigating and resolving issues as appropriate.
  • Support actuarial research, audits, financial reporting, and regulatory or rating agency requests.
  • Prepare documentation, reports, and presentations for management and other internal or external stakeholders.
  • Identify, recommend, and implement process improvements, including the use of emerging technologies and AI-enabled tools, to improve actuarial efficiency.
  • Partner with departments such as Accounting and Operations to support cross-functional initiatives.
  • Adhere to company policies, actuarial standards, and the company's framework of internal controls.

Skills and Abilities

  • Good interpersonal skills
  • Strong analytical, problem solving and critical thinking skills
  • Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
  • Excellent written and verbal communication skills
  • Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement

Education

  • Bachelor's Degree major/concentration in Actuarial Science, Mathematics or related discipline Required

Experience

  • 0-3 Years of experience Required and
  • One exam toward the eventual attainment of ASA Required and
  • Committed to pursuing the FSA designation Required and

Base Salary Range: $75,000 - $90,000

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.

Similar Jobs

11 Days Ago
Remote or Hybrid
75K-140K Annually
Junior
75K-140K Annually
Junior
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Supports actuarial pricing and profitability analysis for pet insurance products within a rotational development program. Responsibilities include producing rate indications, supporting regulatory filings, analyzing performance and trends, developing rate strategies, manipulating data, building models, communicating recommendations, collaborating with stakeholders, and contributing to cross-line initiatives. The role also requires progress toward ACAS/FCAS actuarial credentials and completion of required Casualty Actuarial Society exams.
Top Skills: ExcelSAS
7 Days Ago
Remote
United States
103K-136K Annually
Senior level
103K-136K Annually
Senior level
Insurance
Price new and renewal reinsurance business, partnering with underwriters, catastrophe modeling, and claims teams. Maintain experience and exposure rating tools, update parameters, develop pricing recommendations, and assist with premium forecasting for quarterly reserving. The role requires actuarial exam progression, strong technical and analytical skills, and effective communication with technical and non-technical stakeholders. Reinsurance pricing experience and knowledge of SQL, Python, R, and data visualization tools are advantageous.
Top Skills: PythonRSQL
8 Days Ago
Remote or Hybrid
United States
71K-116K Annually
Entry level
71K-116K Annually
Entry level
Healthtech
Supports actuarial management through a three-year rotation program across actuarial and related business teams. Performs pricing, trend, forecasting, reserving, network, segment, provider value, gross margin, and financial analyses for ACA, Medicare, Group, and other insurance lines. Develops actuarial science and insurance expertise while progressing toward the FSA designation. The role is open to remote or in-person candidates.
Top Skills: ExcelSASSQL

What you need to know about the Colorado Tech Scene

With a business-friendly climate and research universities like CU Boulder and Colorado State, Colorado has made a name for itself as a startup ecosystem. The state boasts a skilled workforce and high quality of life thanks to its affordable housing, vibrant cultural scene and unparalleled opportunities for outdoor recreation. Colorado is also home to the National Renewable Energy Laboratory, helping cement its status as a hub for renewable energy innovation.

Key Facts About Colorado Tech

  • Number of Tech Workers: 260,000; 8.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Lockheed Martin, Century Link, Comcast, BAE Systems, Level 3
  • Key Industries: Software, artificial intelligence, aerospace, e-commerce, fintech, healthtech
  • Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
  • Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
  • Research Centers and Universities: Colorado School of Mines, University of Colorado Boulder, University of Denver, Colorado State University, Mesa Laboratory, Space Science Institute, National Center for Atmospheric Research, National Renewable Energy Laboratory, Gottlieb Institute

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account