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Assistant Actuary at PMA Companies in Baltimore, Maryland

Posted in Other 30+ days ago.

Job Description:

In this position, you will integrate a variety of actuarial issues and insurance principles in support of the reserving, financial reporting and underwriting functions for our Worker's Compensation (WC) and/or Property and Auto Liability (PAL) lines of coverage. You will be responsible for a wide range of projects in support of these lines of coverage and you will need to execute sound judgment in the selection of key project assumptions.


  • Complete loss and LAE reserve analyses for various WC and PAL lines of coverage and effectively communicate assumptions, trends, selections and insights to management; research new actuarial methodologies to incorporate into analyses

  • Develop and produce monthly, quarterly and annual management information analyses in support of the financial reporting, reinsurance and claims functions; effectively communicate results of analyses to management.

  • Support the pricing strategy of WC and PAL lines of business, including preparing collateral analyses and effectively communicating results to our business partners.

  • Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.


  • Four or more years of property and casualty actuarial experience; Strong computer skills in Microsoft Excel; Microsoft Access skills a plus.

  • Experience using Microsoft SQL and Visual Basic is a plus

  • Demonstrated success managing projects with minimal supervision will be required;

  • Ability to effectively communicate with contacts outside of the actuarial field is necessary;

  • BS in Actuarial Science, Mathematics, or related field is preferred

  • Minimum of four (4) completed actuarial exams and active participation in the CAS exam track is essential

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