Actuarial Associate

Signal Mutual is seeking an experienced Associate Actuary to join our Corporate Actuarial team. This role supports reserving, pricing, data analytics, and enterprise risk management functions, contributing to strategic decision-making across the organization. This position reports to the Chief Risk Officer.

• Conducts quarterly reserve reviews and monitors Signal Mutual’s portfolio of USL&H (Longshore) and other WC claims.
• Studies trends in paid and incurred patterns for medical, indemnity and expense to better understand development and cash flows.
• Leverages applicable external data, such as industry trends, medical CPI indices, wage trends, and other economic indices to better inform the reserving practice.
• Analyze statistical data, claims experience and market trends to inform pricing decisions. Based on this analysis, provide premium and loss projections for the financial and underwriting budget and analyze and explain variances from budget.
• Assist in development of new and enhancement of current actuarial tools to improve the accuracy and efficiency of reserving and pricing.

• Work closely with Member and Operational Data and Reporting Team.
• Develop new or enhance current reports and reporting tools. May include development of AI tools or agents.
• Develop and implement models leveraging large datasets, statistical analyses and predictive analytics to support business decisions.
• Translate complex data into actionable insights and present findings to stakeholders in clear, business-friendly language and data visualization.
• Support capital modeling work by providing required data and understanding and discussion of model inputs and outputs.
• Support ERM framework and maintain the risk register.
• Monitor and analyze emerging risks.

• Bachelor’s in actuarial science, mathematics, statistics, or related field.
• ACAS designation preferred; progress toward ACAS (5+ exams) considered.
• 5+ years actuarial experience in P&C insurance.
• 3+ years in workers’ compensation strongly preferred.
• Strong communication skills and ability to work independently and collaboratively.
• Proficiency in Power BI and statistical tools (Python, R, SQL); familiarity with predictive modeling is a plus.

This position is located in South Norwalk, CT and requires 3 days/week in-office.

Salary range: $150,000 - $180,000 depending on experience and ACAS.