Actuarial Analyst

Job Description

Job Description

Salary : $60,000 - $90,000

Actuarial Analyst

Lilypad Insurance is a dynamic and growing property and casualty insurance carrier, brimming with positive energy about our future.

Our team of dedicated professionals work together to create effective products that meet the needs of our policyholders.

As a member of Team Lilypad, you’ll tackle exciting challenges while being guided by seasoned pros who are eager to support your professional journey.

We’d love for you to join our award-winning team in our state-of-the-art building in beautiful Sarasota, Florida. Ready to be part of something amazing?

Join Our Risk Team!

Lilypad is on the lookout for an Actuarial Analyst and a Senior Actuarial Analyst to join our dynamic Risk team. You’ll be diving into supporting and enhancing both the rate review and loss reserving processes, ensuring we hit our target profitability.

As a pricing pro, you’ll derive and recommend changes to current pricing strategies and make ultimate loss ratio selections to keep us on track.

You’ll also help manage and analyze data for better transparency and trend identification. Additionally, you’ll assist in creating predictive models to guide our business decisions.

Ready to make an impact and have some fun along the way? Join us at Lilypad!

What You'll Be Doing :

• Data Dynamo : Retrieve, comprehend, and manipulate data for various projects.
• Quality Guru : Ensure data quality, validity, and completeness, and suggest improvements to reduce uncertainty.
• Actuarial Sidekick : Support actuaries with analysis within designated business segments.
• Tech Whiz : Provide technical assistance and information to other business segments to aid decision-making, financial planning, and strategy development.
• Research Rockstar : Assist in preparing actuarial research and complex reports; present findings to peers and others.
• Exhibit Expert : Analyze and create efficient methods for financial exhibits.
• Risk Detective : Identify potential issues / risks and research their estimated impact.
• Analytic Innovator : Propose alternative analytic approaches.
• Communication Ace : Clearly communicate technical actuarial work to both technical and non-technical audiences.
• Independent Analyst : Conduct independent analysis, draw conclusions, and make recommendations for assigned projects.
• Documentation Pro : Maintain clear and concise documentation of methods and activities.
• Actuarial Extraordinaire : Perform other actuarial duties as assigned.

What You'll Need :

• Analyst I : 1-2 years of success in an actuarial role or internship at a personal lines insurance company.
• Analyst II : 2-4 years of success in an actuarial role at a personal lines insurance company.
• Data Savvy : Advanced knowledge of data sources, tools, statistical principles, methodologies, and research techniques.
• Excel Expert : Proficiency in Excel (VBA, macros, scripts, formulas, data visualization, etc.), Access, Python, and R.
• Analytical Mind : Ability to analyze data and review moderately complex analyses from others.
• Skill Set : Strong planning, analytical, decision-making, and communication skills.
• Business Insight : Solid understanding of business to improve outcomes.
• Clear Communicator : Ability to convey complex information clearly and concisely, both verbally and in writing.
• Collaborator : Ability to develop partnerships and collaborate with other business and functional areas.

What's Great to Have :

Insurance Experience : Experience working with state insurance departments and admitted markets insurance, especially in coastal states.

Education / Experience :

• Degree : Bachelor’s degree (B.A. / B.S.) in actuarial science, math / applied math, statistics / applied statistics, or economics.
• Actuarial Success : Demonstrated success in an actuarial examination or internship at an insurance company or similar institution is a plus.

Why You'll Love Us :

• We've Got You Covered : Enjoy comprehensive medical, dental, and vision insurance - all on us!
• Generous 6% 401(k) Match : For every dollar you contributed to your retirement plan, we match it up to 6% of your salary.
• Team Spirit : Join a crew that’s as passionate and driven as you are.
• Work-Life Balance : We believe in working hard and playing hard.
• Plenty of Time Off : Enjoy 12 holidays and 20 days of vacation annually.
• Give Back : 8 hours of volunteerism to support causes you care about.
• Keep Learning : We support your actuarial exams and provide study time to help you succeed.
• Fun Times : Corporate events to bond and celebrate.
• Casual Vibes : Rock your favorite jeans, shorts and comfy tees - no need for stuffy suits here!
• Hybrid Work : Enjoy the flexibility of working from home one day a week.

Our Location :

Welcome to paradise! Lilypad is nestled in the stunning Sarasota, right on Florida’s Gulf Coast. Whether you’re into fishing, sailing, swimming, kayaking, biking, golfing, or running, Sarasota offers a plethora of outdoor adventures year-round.

For those who appreciate culture, the city boasts museums, art galleries, and a unique array of restaurants that cater to every taste.

Families will love the strong economy, excellent schools, diverse churches, and parks perfect for family outings. And the cherry on top?

Florida has NO state income tax! Ready to make Sarasota your new home?

Heads Up!

Before you join our awesome team, we’ll need to complete a few checks. This includes a criminal record check, education verification, and reference checks.

It’s all part of making sure everything’s in tip-top shape before you start.