Actuarial Associate

ACTUARIAL ASSOCIATE

K2 Insurance Services, LLC is seeking a full-time ACTUARIAL ASSOCIATEto join its actuarial team.

K2 Insurance, through its affiliated insurance companies and agencies, continues to expand its product offerings and distribution by developing new insurance programs and increasing the number and geographic diversity of its marketing, sales, underwriting, and support staff.

The Actuarial Associate will report to the Chief Actuary and play a key role in performing and communicating actuarial analyses across a wide range of K2's insurance products. This position offers the opportunity to not only execute technical work but also to interpret results, provide insights, and collaborate across teams to drive data-informed decisions. Key functions will include the implementation of sound actuarial policies and practices for the purposes of pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions in order help K2 meet its financial objectives.

Responsibilities include:

• Perform profitability analyses and develop indications for a wide variety of insurance lines of business: Property, Workers Comp, General Liability, Commercial Auto, Professional Liability, etc.
• Assist with analysis and implementation of changes to existing insurance products as well as the development of new products.
• Translate analytical findings into actionable insights and clearly communicate results and recommendations to actuarial and non-actuarial stakeholders.
• Demonstrate curiosity and ownership when analyzing data by proactively identifying trends, anomalies, or data quality issues and raising thoughtful questions or recommendations.
• Support decision-making by researching new business opportunities and analyzing data to advise senior management on profitable business segments.
• Monitor financial and underwriting results to identify emerging trends and risks.

• Create forecasts and estimates, summarizing them in analyses and reports.

• Use best practices and traditional statistical/modeling techniques to develop and maintain rating, economic, and other models as necessary and in consideration of the business goals of the model.

• Collaborate closely with peers to share learnings, review work for accuracy, and continuously improve team processes.
• Take ownership for completing analyses and deliverables in a timely, accurate, and organized manner.
• Contribute to market share growth and profitability by recommending changes to products, pricing, and risk management.
• Understand and follow internal and external compliance requirements/standards.

Ideally, the Actuarial Associate will have:

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field required.
• 4 to 7 years of P&C actuarial experience, preferably with a focus on commercial lines pricing.
• Progress toward ACAS designation with a minimum of 5 exams passed.

• Experience with insurance rate making methodologies and pricing techniques.

• Solid understanding of financial concepts related to P&C insurance.

• Proficiency in SQL for data extraction and manipulation. Experience with R/Python is a plus.
• Familiarity with data visualization tools (Power BI, Qlik, Tableau) is helpful.
• Excellent analytical/problem solving and data analysis skills.
• Excellent presentation and verbal/written communication skills, including the ability to clearly present findings and engage in collaborative discussions.
• Self-starter with a proactive mindset who takes initiative in identifying next steps and driving work to completion.

Salary: $125,000 - $155,000 per year, commensurate with experience.

K2 Insurance offers the opportunity to join an established company in growth mode. Our pay and benefits program includes competitive salary; bonus plan; medical, dental, and vision insurance with no waiting period; paid time-off in year of hire; and 401(k) with employer match.

Learn more about K2 Insurance Services at If K2's Actuarial Associate opportunity seems like a good fit for you, please send your resume with cover letter and salary requirements to as soon as possible.