Actuarial Analyst (Remote)

<div><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Are you early in your actuarial career and excited to turn data into meaningful business insights? MEM Insurance is seeking an Actuarial Analyst to join our growing Finance team. In this role, you will support pricing, reserving, and analytical initiatives that directly influence business decisions.</span></div> <div> </div> <div><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Working closely with the Actuarial Director and cross-functional partners, you’ll contribute to impactful analyses, develop your technical expertise, and build a strong foundation in workers’ compensation and property-casualty insurance. This is an excellent opportunity to grow your actuarial career in a collaborative, supportive environment where learning and curiosity are encouraged every day.</span></div> <div> </div> <hr> <h2><strong><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Essential Duties and Responsibilities:</span></strong></h2> <h3><strong><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Actuarial & Pricing Support</span></strong></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Support quarterly reserve analyses, including preparing and validating data and analyzing claims trends such as frequency, severity, and loss development.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Assist with pricing activities, including data preparation for rate indications and class ratemaking.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Support rate implementation, testing, and rate filings, including analysis of NCCI loss cost filings.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Partner with Claims, Underwriting, and Compliance teams to gather inputs and support actuarial deliverables.</span></li> </ul> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Data Analysis & Model Execution</span></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Extract, clean, and validate data from multiple sources to support actuarial analysis.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Perform foundational statistical analyses and summarize results for actuarial review.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Maintain and update actuarial tools, models, and recurring reports.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Identify data inconsistencies or unusual trends and escalate appropriately.</span></li> </ul> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Business Support & Insight Development</span></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Respond to internal requests for data and analysis from cross-functional partners.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Assist in developing reports, dashboards, and tools that support underwriting and operational decisions.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Identify emerging patterns and trends in data and contribute to insight development.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Build foundational knowledge of insurance products, risk drivers, and business operations.</span></li> </ul> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Communication & Collaboration</span></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Prepare clear summaries, reports, and basic visualizations of analytical results.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Communicate findings in a structured and easy-to-understand way.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Collaborate with team members and stakeholders to support deliverables and timelines.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Incorporate feedback to continuously improve work quality and effectiveness.</span></li> </ul> <h3><strong><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Professional Development & Standards</span></strong></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Ensure work is accurate, well-documented, and aligned with actuarial and regulatory standards.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Progress toward actuarial credentials through exam completion.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Develop technical knowledge in actuarial methods, data analysis, and modeling.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Participate in training and development opportunities to build capability.</span></li> </ul> <hr> <h2><strong><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Qualifications:</span></strong></h2> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Bachelor’s degree in Business Administration, Mathematics, Statistics, Insurance, Finance, Economics, or a related field required.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Progress toward actuarial credentials (minimum of 2 actuarial exams completed).</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Workers’ compensation experience preferred.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">No licenses required.</span></li> </ul> <hr> <div> <div> </div> </div> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><strong>Company Culture and Values</strong></span></h3> <div><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">At MEM Insurance, we are committed to our vision, mission, and values. We foster a culture of collaboration, integrity, and innovation. Our team is passionate about delivering exceptional service to our customers while supporting each other’s growth and success. We believe in accountability, continuous learning, and creating an environment where employees feel valued and empowered.</span></div> <div> </div> <hr> <h3> </h3> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><strong>Diversity Statement</strong></span></h3> <div><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">MEM Insurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We believe that varied perspectives drive innovation and strengthen our ability to serve our customers and communities.</span></div> <div> </div> <hr> <h3> </h3> <h3><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><strong>Total Rewards Overview</strong></span></h3> <ul> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Health Plans: Medical, Dental, and Vision</span><br><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Includes fertility benefits, fully paid preventative care, and adult orthodontia.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Annual Performance Based Bonus</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Employer-Paid Life and Disability Benefits:</span><br><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Life Insurance (3x base salary), AD&D, Short and Long-term Disability.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Wellness and Recognition Program: Employer-paid incentives for employees and spouses.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Flexible Spending Account and Dependent Care options</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Health Savings Account: Generous employer contribution.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Time Away from Work:</span><br><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Generous PTO, 11 Holidays + 4 Early Releases, 16 Hours Volunteer Time Off, 20 Days Paid Parental Leave, Marriage, Bereavement, and Jury Duty leave.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Employee Assistance Programs</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">401k Retirement Plan: Employer match and profit sharing.</span></li> <li style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">Adoption Assistance and Tuition Assistance</span></li> </ul> <p> </p> <hr> <div> </div> <div><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;"><strong>Notice Regarding Use of Artificial Intelligence</strong></span><br><span style="font-family: arial, helvetica, sans-serif; font-size: 14pt;">MEM may use artificial intelligence (AI) tools to more efficiently facilitate and assist in decisions involving recruitment, hiring, promotion, renewal of employment, selection for training or apprenticeship, discharge, discipline, tenure, or the terms, privileges, or conditions of employment. Any such use of AI tools will comply with all applicable laws.</span></div>