Actuarial Analyst - Nation Safe Drivers : Job Details

Nation Safe Drivers has been in business for 60 years and offers the rare opportunity to earn ownership stocks! With a stellar reputation as an industry leader in the Automotive Industry and one of the finest places to work in South Florida, we are excited about expanding our team. Our beautiful State-of-the-Art Corporate Headquarters is located in the heart of Boca Raton's thriving business park district. Employees are valued at NSD and enjoy a fun corporate culture, a supportive leadership team and excellent benefits.

Job Description

The Actuarial Analyst will evaluate and manage financial risks for NSD. This will include analyzing data to assess the likelihood of future events and their potential impact on the organization's financial stability. The Actuarial Analyst will provide support to the Actuary on strategic decision-making and help ensure the long-term financial security of the organization.

Duties and Responsibilities

• Risk Assessment: Analyze data and trends to assess the frequency and severity of future loss events.

• Product Development: Collaborate with product development teams to design new insurance products, features, and other financial services tailored to meet the needs of clients and policyholders.

• Financial Modeling: Develop mathematical models and statistical techniques to quantify and manage risk, including pricing insurance policies, setting premiums, and determining appropriate reserve levels.

• Regulatory Compliance: Ensure compliance with regulatory requirements and industry standards, including financial reporting standards, solvency regulations, and risk management guidelines.

• Communication: Present findings and recommendations to key stakeholders, including senior management, board members, regulators, and clients, in clear and concise reports.

• Risk Management: Identify and evaluate emerging risks and opportunities and develop strategies to mitigate risk and optimize financial performance.

• Actuarial Research: Stay abreast of industry developments, market trends, and regulatory changes through ongoing research and professional development activities.

• Team Collaboration: Work closely with other actuaries, underwriters, financial analysts, and professionals from various disciplines to achieve organizational goals and objectives.

• Continuous Improvement: Seek opportunities to enhance processes, methodologies, and tools to improve the efficiency and effectiveness of actuarial operations.

Education and Work Experience:

• Bachelor's degree in mathematics, statistics, actuarial science, finance, or a related field is required. Advanced degree (e.g., Masters' or Ph.D.) is a plus.

• Professional certification as an actuary (e.g., Fellow of the Casualty Actuarial Society) is preferred.

• Strong analytical and problem-solving skills, with proficiency in mathematical modeling, statistical analysis, and financial theory.

• Excellent communication skills, with the ability to convey complex concepts and findings to both technical and non-technical audiences.

• Proficiency in one or more programming languages such as R, Python, SAS, or SQL is required.

• Experience with actuarial software and tools (e.g., Prophet, AXIS, Emblem) is a plus.

• Knowledge of insurance principles, financial markets, and regulatory requirements is desirable.

• Ability to work independently and collaboratively in a fast-paced, dynamic environment, with a high degree of accuracy and attention to detail.

Knowledge and Skills

To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.

• Strong technical background

• Analytical and critical thinker

• Creative problem solver

• Highly motivated self-starter

• Ability to work in a fast-paced, dynamic environment to meet deadlines.

• Must maintain the highest level of confidentiality at all times.

• Ability to communicate effectively (verbal and written)

• Excellent interpersonal skills

• Strong attention to detail

• Ability to identify discrepancies and take initiative to research variances and correct.

What NSD can provide:

• Excellent Benefits: Health, Dental, Life, Vision and Disability Options as well as Paid Vacation Days, Sick Days, Holidays and PTO. Pet Insurance too!
• Competitive compensation and a family-friendly work schedule
• Excellent Corporate Culture: Social Events, Recognition Luncheons, Family Days, and Holiday Celebrations
• Long-standing reputation for promoting from within -- great opportunity for a promising career path

**NSD maintains a drug-free workplace and performs pre-employment substance abuse testing.

Nation Safe Drivers 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, pregnancy, marital status, 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.