[Remote] Sr. Actuarial Analyst
Note: The job is a remote job and is open to candidates in USA. Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. They are seeking a driven and curious Senior Actuarial Analyst to contribute directly to pricing decisions across multiple business lines while developing leadership skills through mentoring and collaboration.
Responsibilities
- Design and enhance actuarial pricing models, tools, and methodologies to support informed underwriting decisions
- Perform account- and portfolio-level pricing analyses using actuarial techniques, rating plans, and loss experience—initially focused on Casualty, with opportunities to expand into other lines
- Partner with Underwriting, Finance, Claims, and Reinsurance teams to evaluate programs, structure deals, and analyze portfolios—delivering clear insights and recommendations to stakeholders
- Lead special initiatives such as onboarding new programs, improving models, and conducting ad hoc portfolio analyses to ensure rate adequacy and operational efficiency
- Mentor junior analysts by sharing expertise, reviewing work, and supporting their development through the actuarial student program
- Contribute to monitoring portfolio performance, profitability, and emerging trends to inform business decisions and product strategies
Skills
- Typically 5–8 years of experience in an actuarial role with a focus on pricing
- Strong understanding of actuarial pricing techniques and data analytics within the property & casualty industry
- Proficiency in SQL and Microsoft Office Suite
- Excellent communication and organizational skills, with the ability to present findings and recommendations effectively to cross-functional teams
- Demonstrated interest in mentoring and contributing to process improvement and innovation
- Design and enhance actuarial pricing models, tools, and methodologies to support informed underwriting decisions
- Perform account- and portfolio-level pricing analyses using actuarial techniques, rating plans, and loss experience—initially focused on Casualty, with opportunities to expand into other lines
- Partner with Underwriting, Finance, Claims, and Reinsurance teams to evaluate programs, structure deals, and analyze portfolios—delivering clear insights and recommendations to stakeholders
- Lead special initiatives such as onboarding new programs, improving models, and conducting ad hoc portfolio analyses to ensure rate adequacy and operational efficiency
- Mentor junior analysts by sharing expertise, reviewing work, and supporting their development through the actuarial student program
- Contribute to monitoring portfolio performance, profitability, and emerging trends to inform business decisions and product strategies
- ACAS or FCAS designation preferred
- Familiarity with programming languages such as Python, VBA, or R is a plus
Benefits
- Full Suite of Medical Benefits
- Long Term Financial Incentives 96 STOCK!
- 401k with 3.5% Automatic Fully Vested Employer Contributions
- Competitive PTO + Holiday Program
- Lifestyle Spending Account
- Professional Development Assistance
- Career Exploration Opportunities
- Regular company-wide social events (even virtually!)
- Competitive annual discretionary bonus program
- Opportunity for annual long-term incentive stock grants
- Highly competitive benefits package
Company Overview