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Actuarial Analyst

Actuarial Analyst

Old Republic Specialty Insurance UnderwritersYardley, PA, United States
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Title : Actuarial Analyst

Reports To : VP, Actuary

Department : Actuary

Location / Schedule : Yardley, PA / Hybrid

Classification : Full-Time / Exempt

Who We Are :

Old Republic International Corporation (ORI), which traces its beginning to 1923, is a Fortune 500 company and one of the nation’s 50 largest shareholder-owned insurance organizations. Our subsidiaries actively market, underwrite and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields.

Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders, shareholders and other important stakeholders place in us.

Position Overview :

The Actuarial Analyst will assist in the completion of actuarial work products provided by the team, including insurance & reinsurance pricing, tool & model development and internal reporting.

Essential Job Functions :

  • Assist and complete individual account pricing and portfolio pricing analyses.
  • Prepare monthly / quarterly management reports as required; work with senior leadership to improve and automate these reports.
  • Maintain and improve existing pricing models and assist in the development of new models.
  • Provide actuarial support for rate filings and data calls; prepare data and exhibits in response to objections from state insurance departments.
  • Assist in the collection of internal and external data for rate monitoring and other projects as needed.

Qualifications :

  • Degree in Actuarial Science, Mathematics, Statistics, Economics, or other math-focused or programming field. Insurance industry experience preferred.
  • Minimum 2-3 years of P / C actuarial experience preferred.
  • Strong familiarity with Microsoft Excel required; experience with Access, SQL, VBA, Python or other programming languages.
  • Completion of 2-4 CAS actuarial exams is preferred.
  • ORI is an Equal Opportunity Employer. ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

    This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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    Actuarial Analyst • Yardley, PA, United States