Martin & Company
Helping carriers and MGAs increase speed to market.
Consulting Actuary – Workers Compensation
Location
Pennsylvania
Posted
19 days ago
Salary
$120K - $150K / year
Bachelor Degree6 yrs expEnglishSQL
Job Description
• Conduct Property & Casualty pricing studies and recommendations with a focus on Workers’ Compensation lines.
• Apply actuarial methods to support rate development, trend analysis, loss cost evaluations, and portfolio profitability.
• Support the development and submission of rate, rule, and form filings in coordination with internal compliance and regulatory teams.
• Assist clients with addressing state DOI rate related interrogatories
• Translate complex actuarial findings into strategic insights and clear, actionable recommendations for both internal and client stakeholders.
• Prepare client-ready reports, presentations, and documentation to support decision-making.
• Serve as a trusted advisor to clients, participating in meetings, presenting findings, and supporting ongoing actuarial and consulting needs.
• Build long-term relationships with clients, maintaining a strong understanding of their goals and operational environments.
• Work closely with cross-functional teams, including analysts, project managers, and regulatory consultants.
• Provide guidance and mentorship to junior team members as needed.
• Maintain current knowledge of Workers’ Compensation trends, legislative changes, and actuarial best practices.
• Contribute to internal knowledge sharing and process improvement initiatives.
Job Requirements
- 5-7 years of actuarial experience with a focus on Workers’ Compensation
- Bachelor’s degree in Actuarial Science, Statistics, or related discipline
- Fellow or ACAS preferred; or Credit for the following Exams/Requirements: Exam 1, Exam 2, VEE Accounting and Finance, VEE Economics, Exam 3F, OC1, OC2, MAS-1, MAS-II, Course on Professionalism, Exam 5, and actively pursuing the ACAS designation
- Experience with insurance data, calculating actuarial adjustments to the data, and calculating rate level indications
- Knowledge of Commercial and Personal Lines of Business and State Rate & Rule Filing requirements
- Experience in Reinsurance, Predictive Modeling and Reserving is a plus
- Proficient in Excel, Access, SQL
Benefits
- Health, dental, and vision insurance
- 401(k) retirement plan options
- Profit Sharing
- Generous, flexible paid-time-off (PTO) policy
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