Actuarial Analyst

Summary

Wildfire Defense Systems, Inc. provides wildfire services and insurance risk-management solutions. The Actuarial Analyst will develop and maintain pricing models, pipelines, and analytics for property and casualty insurance and reinsurance portfolios, using actuarial methods, machine learning, and predictive analytics. The role also supports rate indications, regulatory filings, portfolio pricing, performance monitoring, governance, and cross-functional stakeholder engagement.

Responsibilities

• Design, build, and validate predictive pricing models using statistical and machine learning methods, tailored to P&C and reinsurance lines
• Develop and maintain end-to-end pricing pipelines, from raw data ingestion and feature engineering through model training, validation, deployment, and monitoring
• Apply credibility theory, loss development, trend analysis, and exposure rating in combination with data science techniques to produce robust rate indications
• Develop pricing tools and actuarial models that support estimation of price adequacy, rate change measurement, and portfolio segmentation across all assigned lines of business
• Automate recurring pricing workflows and reporting using Python, R, or SQL to improve efficiency, consistency, and auditability
• Maintain version control and documentation of models, code, and assumptions in alignment with company standards and actuarial professionalism guidelines
• Perform regular rate indications for all assigned states and programs using standard actuarial methods, including loss ratio, pure premium, and experience rating approaches
• Recommend rate actions with a focus on long-term profitability, market competitiveness, and regulatory feasibility
• Research peer company filings and develop actuarially supportable rates in emerging or data-sparse segments
• Perform portfolio-level and individual account/treaty pricing analyses across property, casualty, specialty, and reinsurance lines
• Assist senior staff in review and pricing of new program opportunities, facultative submissions, and treaty structures
• Identify areas of strong profitability for growth and underperforming segments for re-underwriting, contraction, or exit
• Develop segmental and trend analyses to support underwriting decisions and strategic planning
• Monitor pricing performance metrics including rate change, price adequacy, loss ratio emergence, and plan-vs-actual comparisons
• Design and maintain dashboards and reporting tools that deliver actionable pricing intelligence to underwriting teams and senior leadership
• Conduct experience studies, parameter reviews, and assumption updates on a defined schedule; present findings and recommendations to key committees
• Support reserve reviews for assigned segments and respond to ad hoc data calls from internal and external stakeholders
• Liaise with Underwriting, Claims, Reserving, Exposure Management, and the Managing Actuary to ensure pricing reflects all relevant loss, exposure, and operational information
• Provide training and technical guidance to underwriters on pricing methodology, rate change requirements, and model outputs
• Clearly and concisely present findings, model results, and recommendations to diverse audiences including senior actuarial management, underwriting teams, compliance officers, MGU/MGA partners, and regulators
• Ensure data quality, integrity, and completeness in pricing tools; identify data gaps and champion improvements
• Build and maintain constructive working relationships with internal and external partners identified as key to the role
• Identify opportunities to improve pricing processes, methodologies, and data infrastructure; contribute to and lead delivery of such improvements
• Maintain pricing model documentation at required frequency, obtaining appropriate managerial sign-offs and adhering to model governance standards
• Understand and apply the company's pricing quality assurance process; support underwriting controls related to pricing and relevant regulatory principles
• Keep abreast of industry best practices, emerging data science techniques, new actuarial initiatives, and changes in regulatory requirements
• Operate as an effective team member by supporting colleagues and contributing to overall team and business objectives
• Pursue actuarial examination progress toward FCAS designation and engage in ongoing professional development

Skills

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, Computer Science, Economics, or a closely related quantitative field required
• Active pursuit of the Casualty Actuarial Society (CAS) Fellowship (FCAS) designation required
• 3 or more years of progressive actuarial experience in property and casualty insurance and/or reinsurance pricing required
• Demonstrated experience building and deploying predictive models and pricing tools in a commercial or specialty insurance environment
• Strong command of P&C actuarial pricing fundamentals: loss development, trend analysis, credibility theory, exposure rating, retrospective rating, and experience modification
• Solid understanding of reinsurance pricing concepts including burning cost, experience rating, exposure rating, and swing plans
• Knowledge of catastrophe modeling concepts and their interaction with property pricing and portfolio management
• Understanding of insurance accounting, loss reserving concepts, and their relationship to pricing adequacy
• Familiarity with actuarial standards of practice (ASOPs) and professional guidelines relevant to pricing
• Advanced proficiency in Python required
• Strong SQL skills for data extraction, transformation, and analysis from relational databases
• Experience with machine learning frameworks and techniques: GLMs, GBMs, gradient boosting, random forests, clustering, neural networks, and model ensembling
• Familiarity with MLOps concepts including model versioning, monitoring, feature stores, and deployment pipelines
• Advanced proficiency in Microsoft Excel, including Power Query, pivot tables, and financial modeling
• Experience with version control systems (Git/GitHub/GitLab) and collaborative development workflows
• Exceptional analytical and quantitative skills with strong attention to detail, accuracy, and numerical reasoning
• Ability to identify, frame, and solve complex, ambiguous problems using structured thinking and creative approaches
• Demonstrates intellectual curiosity and a drive to expand technical knowledge independently
• Capable of synthesizing macro and micro-level perspectives to draw actionable insights from complex data
• Exceptional written and verbal communication skills, with the proven ability to translate complex technical results into clear, actionable insights for non-technical audiences
• Strong collaboration and relationship-building skills; able to operate effectively in cross-functional, matrix environments
• Ability to provide constructive mentorship and training to junior team members
• Strong organizational, prioritization, and time management skills; able to manage multiple concurrent deliverables and meet deadlines in a dynamic environment
• Proactive, self-motivated, and highly driven with a continuous improvement mindset
• Committed to maintaining the highest standards of actuarial professionalism and ethical conduct
• Demonstrated ability to navigate existing systems and processes to accomplish business objectives efficiently
• Master's degree (M.S. or M.A.) in Actuarial Science, Statistics, Data Science, Applied Mathematics, or a related discipline strongly preferred
• ACAS or near-ACAS standing preferred
• Experience with rate filing preparation, DOI interactions, and regulatory compliance preferred
• Proficiency in R strongly preferred
• Experience with cloud platforms (AWS, Azure, or GCP) and big data tools (Spark, Databricks, Snowflake) preferred
• Experience with version control systems (Git/GitHub/GitLab) and collaborative development workflows
• Familiarity with data visualization and BI tools such as Tableau, Power BI, or Looker preferred
• Comfortable presenting findings and recommendations to senior leadership, underwriting management, regulatory bodies, and external partners

Qualifications

Must Haves

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, Computer Science, Economics, or a closely related quantitative field required
• Active pursuit of the Casualty Actuarial Society (CAS) Fellowship (FCAS) designation required
• 3 or more years of progressive actuarial experience in property and casualty insurance and/or reinsurance pricing required
• Demonstrated experience building and deploying predictive models and pricing tools in a commercial or specialty insurance environment
• Strong command of P&C actuarial pricing fundamentals: loss development, trend analysis, credibility theory, exposure rating, retrospective rating, and experience modification
• Solid understanding of reinsurance pricing concepts including burning cost, experience rating, exposure rating, and swing plans
• Knowledge of catastrophe modeling concepts and their interaction with property pricing and portfolio management
• Understanding of insurance accounting, loss reserving concepts, and their relationship to pricing adequacy
• Familiarity with actuarial standards of practice (ASOPs) and professional guidelines relevant to pricing
• Advanced proficiency in Python required
• Strong SQL skills for data extraction, transformation, and analysis from relational databases
• Experience with machine learning frameworks and techniques: GLMs, GBMs, gradient boosting, random forests, clustering, neural networks, and model ensembling
• Familiarity with MLOps concepts including model versioning, monitoring, feature stores, and deployment pipelines
• Advanced proficiency in Microsoft Excel, including Power Query, pivot tables, and financial modeling
• Experience with version control systems (Git/GitHub/GitLab) and collaborative development workflows
• Exceptional analytical and quantitative skills with strong attention to detail, accuracy, and numerical reasoning
• Ability to identify, frame, and solve complex, ambiguous problems using structured thinking and creative approaches
• Demonstrates intellectual curiosity and a drive to expand technical knowledge independently
• Capable of synthesizing macro and micro-level perspectives to draw actionable insights from complex data
• Exceptional written and verbal communication skills, with the proven ability to translate complex technical results into clear, actionable insights for non-technical audiences
• Strong collaboration and relationship-building skills; able to operate effectively in cross-functional, matrix environments
• Ability to provide constructive mentorship and training to junior team members
• Strong organizational, prioritization, and time management skills; able to manage multiple concurrent deliverables and meet deadlines in a dynamic environment
• Proactive, self-motivated, and highly driven with a continuous improvement mindset
• Committed to maintaining the highest standards of actuarial professionalism and ethical conduct
• Demonstrated ability to navigate existing systems and processes to accomplish business objectives efficiently

Nice to Haves

• Master's degree (M.S. or M.A.) in Actuarial Science, Statistics, Data Science, Applied Mathematics, or a related discipline strongly preferred
• ACAS or near-ACAS standing preferred
• Experience with rate filing preparation, DOI interactions, and regulatory compliance preferred
• Proficiency in R strongly preferred
• Experience with cloud platforms (AWS, Azure, or GCP) and big data tools (Spark, Databricks, Snowflake) preferred
• Experience with version control systems (Git/GitHub/GitLab) and collaborative development workflows
• Familiarity with data visualization and BI tools such as Tableau, Power BI, or Looker preferred
• Comfortable presenting findings and recommendations to senior leadership, underwriting management, regulatory bodies, and external partners

Benefits

• This position is eligible for a hybrid or remote work arrangement, subject to WD InsurTech's flexible work policy and business needs.