Entry Level Actuarial Associate - Anaheim, CA
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Job Description
Job Title
- Entry Level Actuarial Associate
Location:
- 222 S Harbor Blvd, #720, Anaheim, CA 92805
Salary:
- $26.50/hour -$31.25/hour
Position Type:
- Full-time
- Non-exempt / Hourly
- Monday – Friday
- 8:30 am – 5:30 pm
- Hybrid after 1 year – 3 days in office/2 days remote
Reports to:
- Senior Actuarial Manager
Position Overview
DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.
Key Responsibilities
- Support actuarial and statistical analysis to drive informed decision-making
- Manage and update product and rating sheets using Excel to ensure accuracy and consistency
- Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
- Conduct market and competitor benchmarking to inform strategic initiatives
- Assist in the preparation and submission of filings for rate, rule, and form changes
- Generate and analyze underwriting monitoring data to identify trends and areas for improvement
- Support the creation of Property & Casualty market data reports using SAS
- Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
- Support rate filings and regulatory compliance by preparing documentation and responding to information requests
- Prepare reports and presentations that highlight findings, trends, and actionable insights
- Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
- Successful completion of one or more Actuarial exams.
- Strong analytical skills with a solid foundation in quantitative methods and data analysis
- Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
- Exceptional attention to detail and commitment to producing accurate and high-quality work
- Excellent communication skills, with the ability to present complex information in an understandable manner
- Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
- Ability to work collaboratively within a team and independently when required
Benefits
- Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company
- Paid time off and sick leave
- 11 Annual paid holidays
- 401(k) plan with up to 4% company match
- Quarterly Fringe Benefit reimbursements
- Job-related training reimbursement
About Us
DB Insurance is a leading insurance provider headquartered in South Korea, with a growing presence in the United States. Our company is dedicated to offering innovative, reliable insurance products and is committed to creating a positive work environment where every team member can grow and thrive. We believe in fostering a culture of continuous learning, and we are excited to welcome a new Actuarial Associate who shares our passion for excellence and innovation
Please visit our career page at https://dbinsus.applytojob.com/apply/
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