Sr. Actuarial Analyst (Statistical Reporting)

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? https://ir.plmr.com/corporate-profile/default.aspx

We are Hiring!

Location: La Jolla, CA; Edina, MN

The Details:

We are seeking a driven and curious Senior Actuarial Analyst with a strong foundation across pricing, reserving, and data/tooling to join our growing actuarial team. Reporting to a VP, Actuarial, this role contributes directly to actuarial decisions across multiple business lines while developing leadership skills through mentoring, project support, and cross-functional collaboration. A key part of this role is serving as a bridge between actuarial and adjacent functions (i.e. Statistical Reporting and Other Data Calls, Claims, Compliance, Underwriting, Product and Programs, etc.) ensuring actuarial support is provided on cross-functional initiatives, such as the development of a Data Warehouse. The Data Warehouse will be used to prepare statistical reporting, data calls, and other regulatory requirements that are at a policy, coverage, and transaction level. The ideal candidate combines strong communication skills with technical expertise and experience organizing and analyzing data for actuarial as well as other cross-functional analyses across an insurance company.

What will you do:

• Translate statistical reporting, regulatory data calls, and other regulatory filing requirements into a data request that can be shared with the Data Engineering team and Program Managers.
• Work with Program Managers to identify programs that will require enhancements to data provided to meet the data request requirements, and act as an ongoing liaison to answer questions and support Program Managers.
• Support Data Engineering by answering questions about potential Data Warehouse architecture and sources of data.
• Work with various stakeholders across the organization to seek alignment on how data is reported to ensure consistency across actuarial reserving, actuarial pricing, statistical reporting, data calls, Annual Statement, and other reporting.
• Once the Data Warehouse is built, prepare and maintain reports for regulators, Underwriting, Product, Programs, Claims, and other internal stakeholders.
• Support new program onboarding into the Data Warehouse and reporting.
• Leverage knowledge of new Data Warehouse to enhance actuarial pricing models, tools, and methodologies to support underwriting decisions. 
• Leverage knowledge of new Data Warehouse to support other teams across the organization enhance their analytic and performance monitoring capabilities.
• Mentor junior analysts by sharing knowledge, reviewing work, and supporting the actuarial student program. 
• Support monitoring of portfolio performance, profitability, and trends to inform business decisions and product strategies.

What we are looking for:

• 5–8 years of experience in an actuarial role
• Comprehensive understanding of data analytics in the P&C industry, specifically statistical reporting and/or actuarial pricing models that use policy level data.
• Propensity to leverage AI for tooling and model builds, with proficiency in SQL and Microsoft Office Suite; familiarity with coding languages such as Python, VBA, and/or R. 
• A minimum of 3 actuarial exams passed.  ACAS or FCAS preferred.
• Strong communication and organizational skills with ability to present findings and recommendations effectively to cross-functional stakeholders.
• Demonstrated interest in mentoring and contributing to process improvement initiatives.

We love people who want to: 

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits 
• Long Term Financial Incentives – STOCK! 
• 401k with 3.5% Automatic Fully Vested Employer Contributions 
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance  
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)
• To learn more visit us at www.plmr.com

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.  Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

#PalomarPride #Insurancejobs #hiring

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.

No phone calls or agency solicitation please

CCPA Job Applicant:

Pay Range: $113,000-$173,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above