Actuarial Analyst II at Mercury Insurance Services, LLC

, California, United States -

Full Time

Start Date

Immediate

Expiry Date

03 May, 26

Salary

142213.0

Posted On

02 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Ratemaking, Loss Reserves, State Filing Support, Rate Monitoring, Rate Development, Loss Reserve Estimates, Communication, Actuarial Support

Industry

Insurance

Description

Overview Position Summary:-The primary job function is supporting the work of the Senior Actuaries. May be responsible for ratemaking, and loss reserves for specific products in specific states. Geo-Salary Information An in-person interview may be required during the hiring process State specific pay scales for this role are as follows: $76,829 to $142,213 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA) $69,845 to $129,284 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME) $62,860 to $116,356 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV) The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location. Responsibilities Essential Job Functions: Works with senior management and the State Administrator with the goal of meeting profit and growth objectives for that line of business. Works on state filing support. Monitors the rates in-force to evaluate the adequacy and competitiveness of the program for each line of business as assigned. Develops rates that meet profit and growth objectives for the assigned lines of business. Develops loss reserve estimates for internal and financial reporting use, when needed. Communicates ideas and experiences with actuaries. Qualifications Education:• Bachelor’s Degree required.Experience:• 3-4 years of experience • Equivalent combination of education and experience About the Company Why choose a career at Mercury? At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it. Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life. We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals. Learn more about us here: https://www.mercuryinsurance.com/about/careers Perks and Benefits We offer many great benefits, including: Competitive compensation Flexibility to work from anywhere in the United States for most positions Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours) Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus) Medical, dental, vision, life, and pet insurance 401 (k) retirement savings plan with company match Engaging work environment Promotional opportunities Education assistance Professional and personal development opportunities Company recognition program Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law. Pay Range USD $76,829.00 - USD $142,213.00 /Yr.

Responsibilities

The Actuarial Analyst II supports Senior Actuaries in achieving profit and growth objectives for specific lines of business. Responsibilities include developing rates, monitoring in-force rates, and estimating loss reserves for reporting purposes.