Actuarial Analyst

Who We Are:

Woodruff Sawyer has been an industry leader for over 100 years. As a top insurance brokerage, our clients range from small start-ups to some of the most innovative companies in the world. Here, your unique expertise and perspective help move companies ahead and your career forward.

We believe in supporting the whole lives and careers of our employees. That's why, through excellent benefits and opportunities, and a genuinely inclusive and collaborative environment, we create the space for you and your career to flourish.

As an employee-owned company, we build toward the next decade, not just the next quarter. Our independence means you answer to great ideas and client success, not short-term profits, while our ESOP program allows you to build long-term wealth and ownership in the company. At Woodruff Sawyer, you own your future.

As an Actuarial Analyst, you will apply knowledge of actuarial and data science to help implement loss forecasting analysis, conduct claims analysis, and support conducting ad hoc studies to mature loss forecasting tools and processes.

What You'll Do:

• Support data/actuarial analysis projects for mid to large sized clients with medium or low complexity
• Conduct external statistical/actuarial/census/economic data research and present findings to team members
• Learn to implement formal exploratory data analysis for projects with support from senior and lead analysts
• Learn to participate in peer reviews and provide technical feedback to colleagues
• Support data science/actuarial/client account team projects through data gathering and analysis
• Support the development of reusable templates and reports for the data analytics team
• Collect, prepare, and analyze property & casualty policy, premium, exposure, and claims data from various sources.
• Learn to prepare actuarial analysis and summaries, including trend analysis and loss reserve estimation.
• Support formal exploratory data analysis to provide summaries in agreement with actuarial standards and practices.

This job is for you if…

• You have outstanding communication and presentation skills
• You have a detailed understanding of statistics, actuarial science, corporate finance, managerial accounting principles, methods, and techniques
• Bring creativity and experience to tackle dynamic challenges and bring new points of view to a growing business
• You comfortably apply data science techniques to surface unusual patterns in data
• You easily evolve models using a bottom-up approach in the absence of adequate information or data
• You have proven ability to collect, analyze, and synthesize key findings from sophisticated data from a wide variety of systems

Experience & Qualifications:

• Bachelor's or higher degree in Actuarial Science or a similar quantitative discipline
• 1-3 years of experience in insurance or a related industry. Pricing experience is a plus.
• 1+ actuarial exam passed.
• At least 1 year in dealing with complex insurance data at an insurance carrier or broker with knowledge of at least one of the casualty lines such as auto, worker's compensation, general liability.
• Fundamental understanding of corporate finance and accounting and it's application.
• Excellent communication and presentation skills
• Experience in Excel, VBA, and modeling languages (Python or SAS or R) for actuarial and claims analysis a plus.
• Prior experience with Tableau, Power BI, R-Shiny is a plus.

Don't meet every single preferred qualification? Studies have shown that underrepresented populations are less likely to apply to jobs unless they meet all qualifications. At Woodruff Sawyer we are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

More About Us:

Compensation: Anticipated salary between $72,409.00 - $120,681.00. Salary offered will be dependent upon geography, experience, and expertise of the candidate.

This position is eligible to participate in an incentive program to earn additional compensation with a target equivalent to 8% of salary annually, based on individual and Company performance.

Our benefits include:

• Medical, Dental, and Vision coverage
• 401k Retirement Plan with company match
• Ownership in the company through our ESOP (Employee Stock Ownership Program) and profit sharing
• Paid vacation, holidays, and sick days
• Life Insurance, Short-term, and Long-Term Disability benefits
• Flexible Spending Account (FSA)
• Wellness programs and workplace flexibility benefits
• Professional development and reimbursement programs
• Added perks like discounted event tickets, pet insurance, financial coaching, identity theft protection, milk stork, etc.

Compensation and Benefits are what Woodruff Sawyer in good faith believes are accurate for this role at the time of this posting.

Woodruff Sawyer is an Equal Opportunity Employer.

Our Equal Employment Policy incorporates our commitment to maintain an environment free of discrimination and to comply with all federal, state and local laws providing equal employment opportunities.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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