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Actuarial Analyst

Next Insurance

Next Insurance

Palo Alto, CA, USA
Posted on Thursday, March 28, 2024

Location: Palo Alto (hybrid)

NEXT’s mission is to help entrepreneurs thrive. We’re doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.

Simply put, wherever you find small businesses, you’ll find NEXT.

Since 2016, we’ve helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We’re backed by industry leaders in insurance and tech, and we still have room to grow — that’s where you come in.

We are looking for a motivated Actuarial Analyst to help expand the scope and speed of our actuarial pricing capabilities. In this high visibility and high impact role, you will make data-driven recommendations to guide the pricing of our insurance product suite and drive profitable growth of the company. If you’re eager to be a part of an exciting industry disruptor, then this opportunity is perfect for you!

What You’ll Do:

  • Build and maintain tools for insurance pricing, actuarial reporting and state filings
  • Create and refine frameworks and dashboards to monitor, analyze, and report on historical performance
  • Conduct analyses, generate insights, and translate them to strategic or tactical recommendations
  • Collaborate with NEXT’s insurance product management and filings teams take pricing action and drive profitable growth
  • Be an integral part of the actuarial community, and promulgate best practices
  • Actively pursue actuarial credentials

What We Need:

  • BA/BS in actuarial science, statistics, or a quantitative discipline
  • 1+ years of experience in actuarial roles/internship, or completion of a minimum of three CAS examinations
  • Technical proficiency in MS Office (primarily Excel) and SQL.
  • Take pride and ownership in your work products and can execute at a high level
  • Team player with strong interpersonal skills, and an ability to communicate effectively with cross functional partners

Unstoppable Qualities::

  • Familiarity with R or Python is a plus
  • Background in Workers Compensation product preferred

The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible to participate in our equity incentive program and will also receive our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.

US annual base salary range for this full-time position:
$90,000$148,000 USD

Don’t meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.