Actuarial Student

Job Responsibilities and Requirements

Duties and Responsibilities:

• Develops summary of data to support quarterly loss experience analysis for distribution to actuarial and functional leaders.

• Supports development of experience analysis to drive continuous improvements in group benefits pricing, reserve accuracy, and structural efficiency.

• Gathers and analyzes data needed to support emerging issues.

• Develops reports summarizing financial results by critical parameters.

• Writes queries against databases required to perform desired analyses.

• Writes reports to support analyses.

• Provides ad hoc support to Pricing, Claims and/or Underwriting as required.

• Continuous progress on actuarial exams.

• All other duties as assigned.

Education, Qualifications and Experience:

• Undergraduate degree in Actuarial Science, Data Science, Math, Statistics, or other programs focused on quantitative analysis required.

• Completion of 1-3 Society of Actuaries exams.

• Skilled in spreadsheet and database software usage.

• Ability to learn R and SQL

• Good verbal and written communication skills.

• Must be able to read and interpret complex charts and statistics from printed or other sources.

The expected hiring range for this position is $71,990.00 - $96,100.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate’s starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.

Work location may be flexible if approved by the Company.

What We Offer

At Reliance Matrix, we believe that fostering an inclusive culture allows us to realize more of our potential. And we can’t do this without our most important asset—you.

That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.  

Our Benefits:

• An annual performance bonus for all team members
• Generous 401(k) company match that is immediately vested
• A choice of three medical plans (that include prescription drug coverage) to suit your unique needs.  For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account
• Multiple options for dental and vision coverage
• Company provided Life & Disability Insurance to ensure financial protection when you need it most
• Family friendly benefits including Paid Parental Leave & Adoption Assistance 
• Hybrid work arrangements for eligible roles
• Tuition Reimbursement and Continuing Professional Education
• Paid Time Off – new hires start with at least 20 days of PTO per year in addition to nine company paid holidays.  As you grow with us, your PTO may increase based on your level within the company and years of service. 
• Volunteer days, community partnerships, and Employee Assistance Program
• Ability to connect with colleagues around the country through our Employee Resource Group program

Our Values:

• Integrity
• Empowerment
• Compassion
• Collaboration
• Fun

EEO Statement

Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.

#LI-Hybrid .