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Job Summary

We are seeking an Actuarial Associate to join our Product Team at a high-growth personal homeowners insurance company. As an Actuarial Associate at Bamboo Insurance, you will play a pivotal role in shaping our insurance products and pricing strategies. You will work collaboratively with cross-functional teams to ensure that our homeowners insurance offerings are competitive, compliant with regulatory requirements, and financially sound. This is an exciting opportunity for an actuarial professional looking to make a significant impact in the property and casualty insurance industry. This role will have a focus on Texas Homeowners pricing, and the preferred candidate has experience in the Texas Homeowners insurance market to uniquely address multi-peril risk.

Duties/Responsibilities

• Develop, review, and refine pricing strategies and models for homeowners insurance products in California and Texas to ensure profitability and market competitiveness.
• Perform actuarial analyses, including rate indications and rate filings, in accordance with state regulatory requirements.
• Collaborate with underwriting, product management, and compliance teams to design and modify insurance products based on market insights and data analytics.
• Utilize advanced actuarial techniques, statistical methods, and software to model, forecast, and communicate the impact of potential changes in pricing, underwriting, and other factors.
• Extract, manipulate, and analyze large datasets using SQL and Python to support pricing, reserving, and risk modeling initiatives for homeowners insurance.
  
  

Required Skills/Abilities

• Excellent analytical, critical thinking and problem-solving skills with the ability to effectively resolve complex situations and issues. Deals well with ambiguity.
• Deep knowledge of homeowners insurance products and pricing
• Excellent communication skills to convey complex actuarial concepts to non-actuarial stakeholders.
• Ability to lead projects independently, manage multiple priorities, and deliver high-quality work under tight deadlines.
  
  

Required Education And Experience

• Bachelor's degree in mathematics, actuarial science, statistics, or related quantitative field.
• ACAS designation from a recognized actuarial organization.
• A minimum of six years of experience in property and casualty insurance, with a focus on homeowners’ insurance.
• Strong proficiency in actuarial software and data analysis tools (e.g., Excel, SQL, Python).
• Experience with regulatory filings and interacting with state insurance departments.
  
  

Preferred Requirements

• Prior experience working with homeowners insurance products in Texas (and/or California)
• Familiarity with regulatory filing processes in CA and TX, including experience interacting with state regulators.
  
  

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
  
  

Salary: Starting at $140,000 annually plus discretionary bonus. Candidate's skills, experience and abilities will be taken into consideration for final offer.

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