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
Casual dress code

About Us

DB Insurance is a leading global insurance company headquartered in South Korea, with a growing presence in the U.S. Our U.S. branch supports operations across California, New York, Hawaii, and Arizona. We're proud to blend the strength and stability of a global brand with the agility and collaboration of a close-knit team. At DB Insurance, we strive to foster a workplace culture that values inclusion, innovation, and the unique perspectives of our employees.

DB Insurance USVerified Employer

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Entry Level Actuarial Associate -HYBRID