Casualty Actuary Analyst

Are you a detail-oriented and analytical individual with a passion for problem-solving? Do you have a strong understanding of mathematical concepts and a desire to work in the public sector? The State of California is looking for a Casualty Actuary Analyst to join our team!In this role, you will be responsible for analyzing and evaluating data related to insurance programs and policies to assist in making informed decisions and recommendations. Your expertise will play a crucial role in helping the state manage financial risk and ensure the sustainability of our insurance programs.To be successful in this position, you must have a bachelor's degree in actuarial science, mathematics, or a related field, as well as at least two years of experience in actuarial work. Strong communication skills, attention to detail, and the ability to work independently are also essential for this role.If you are ready to utilize your actuarial skills in a meaningful way and make a positive impact on the lives of Californians, we invite you to apply for this exciting opportunity. Join us in shaping the future of the state's insurance programs!

1. Conduct detailed analysis of insurance data to identify trends and patterns and make informed recommendations for program improvements.
2. Utilize actuarial techniques and mathematical models to evaluate the financial risks of various insurance programs and policies.
3. Collaborate with other team members and stakeholders to gather and assess relevant data and information.
4. Prepare and present reports and presentations to communicate findings and recommendations to management and decision-makers.
5. Stay up-to-date on industry trends and regulations to ensure compliance and inform decision-making.
6. Develop and maintain actuarial tools and processes to improve efficiency and accuracy of data analysis.
7. Provide support and guidance to other team members on actuarial matters.
8. Maintain accurate and organized records of data and analysis for future reference.
9. Identify and troubleshoot any data discrepancies or inconsistencies to ensure accuracy and reliability of analysis.
10. Communicate and collaborate with external partners and stakeholders to gather necessary information and data.
11. Monitor and evaluate the financial performance of insurance programs and policies, and make recommendations for adjustments as needed.
12. Participate in meetings and discussions with other departments and agencies to provide actuarial expertise and support decision-making processes.
13. Adhere to all relevant laws, regulations, and ethical standards in the performance of duties.
14. Continuously evaluate and improve actuarial processes and procedures to ensure effectiveness and efficiency.
15. Maintain confidentiality and security of all sensitive information and data.

According to JobzMall, the average salary range for a Casualty Actuary Analyst in Sacramento, CA, USA is between $70,000 and $100,000 per year. This may vary depending on the specific company, experience level, and other factors.

California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles. Its terrain includes cliff-lined beaches, redwood forest, the Sierra Nevada Mountains, Central Valley farmland and the Mojave Desert. The city of Los Angeles is the seat of the Hollywood entertainment industry. Hilly San Francisco is known for the Golden Gate Bridge, Alcatraz Island and cable cars.