Actuarial Analyst
2 weeks ago
We offer a competitive salary and a well-rounded benefits package including medical, dental, prescription, vision coverage, and a 401(k) plan.
NOTE: Please no telephone calls or placement firms. EOE M/F/D/V.
The Philadelphia Contributionship is the oldest successful property and casualty insurance company in the United States, having been founded by Ben Franklin in 1752. We write homeowners insurance in Pennsylvania, New Jersey, Delaware, Maryland, and Virginia. We have an A- (Excellent) rating from A.M. Best and have been consistently recognized as one of the Top Workplaces in the Philadelphia area. Our office is located in the Old City section of Philadelphia, just steps from Independence Hall.
We're seeking self-motivated individuals with sharp analytical and math skills, clear communication, intellectual curiosity, and creative problem-solving ability, ideally with at least one passed actuarial exam. Reporting to the Chief Actuary, this role supports three core functions: loss reserving, pricing/ratemaking, and predictive analytics. It offers the opportunity to make a meaningful impact on profitability and growth while gaining broad exposure across the business.This role follows a hybrid schedule, typically working 2–3 days per week in the Philadelphia office and remotely on other days. We also offer an actuarial student program with exam support.
Responsibilities:
- Analyze loss and loss adjustment expense reserves.
- Assist in the development of rate indications and evaluating price levels.
- Support the production of financial statements, premium forecasts, and budget loss ratio assumptions.
Assess product and segment profitability.
Gather data, analyze information, and make recommendations to solve business problems throughout the organization.
Hiring Requirements:
- Bachelor's degree in Mathematics, Statistics, Actuarial Science, Finance, Economics, Computer Science, or a related quantitative field (required).
- 1–3 actuarial exams preferred; 0–5 years of relevant experience preferred.
- Strong proficiency in Microsoft Excel; experience with SQL, R, or Python is a plus.
- Personable, self-motivated, and committed to continuous improvement.
- Strong work ethic with the ability to manage multiple, time-sensitive projects.
- Proven ability to proactively identify issues, facilitate understanding, and recommend solutions.
Applicants should forward resumes to:
Kathleen Morris Rosati, ),
Assistant Vice President, Human Resources at The Philadelphia Contributionship,
212 S. 4th Street, Philadelphia, PA 19106.
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