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Brown & Brown Insurance

Entry-Level Actuarial Analyst

Posted a day ago
$60000 - $80000 per year
0-2 years experience
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AI Summary

The Actuarial Analyst will assist with actuarial studies, including loss analysis, reserving, and risk assessment under the guidance of experienced team members. They are responsible for collecting and summarizing data, maintaining documentation, and communicating progress to the project team.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking an Entry Level Actuarial Analyst to join our growing team!

 

The Entry Level Actuarial Analyst will provide entry-level actuarial support under the guidance of the Practice Leader and experienced members of the actuarial group. Assist with client studies and deliverables while developing technical skills, learning casualty actuarial methods, and continuing progress toward Associate and Fellow actuarial designations.

 

How You Will Contribute: 

 

  • Assists with actuarial studies, including loss analysis, reserving, and risk assessment, using established methods and templates under the guidance and review of experienced team members.
  • Applies foundational knowledge of mathematics, probability, statistics, finance, and business to casualty insurance calculations, with training and guidance.
  • Collects, inputs, checks, and summarizes loss and exposure data for actuarial studies; identifies discrepancies and raises questions with the project team.
  • Assists with data requests and follow-up with clients and managers as directed, completes assigned tasks within deadlines, and communicates progress or questions to the project team.
  • Organizes and documents data, calculations, and workpapers so that experienced team members can review the work and trace it to source information.

Licenses & Certifications:

 

  • Successful completion of 0–2 actuarial exams and commitment to continued progress toward the Associate of the Casualty Actuarial Society (ACAS) designation.

 

Skills & Experience to be Successful:

  • Bachelor’s degree in mathematics, statistics, finance or similar field.
  • 0–2 years of actuarial experience; relevant internship or insurance experience is a plus.
  • Strong written and verbal communication skills and willingness to learn.
  • Working knowledge of Microsoft Office, particularly Excel, and willingness to develop spreadsheet and data analysis skills.
  • Exposure to programming (SQL, VBA) is a plus but not required.

 

 

Pay Range

$60,000 - $80,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. 


Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

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