Entry Level Actuarial Associate -HYBRID Job at DB Insurance Co., Ltd., Anaheim, CA

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  • DB Insurance Co., Ltd.
  • Anaheim, CA

Job Description

Job Title

  • Entry Level Actuarial Associate
 

Location: 

  • 222 S Harbor Blvd, #720, Anaheim, CA 92805
 

Salary :

  • $26.50/hour - $31.25/hour
 

Position Type: 

  • Full-time
  • Non-exempt / Hourly
  • Monday – Friday
  • 8:30 am – 5:30 pm
  • Hybrid after 1 year – 3 days in office/2 days remote
 

Reports to: 

  • Senior Actuarial Manager
 

Position Overview

DB Insurance is seeking a motivated and detail-oriented Actuarial Associate to join our Automotive Insurance team. This entry-level position is ideal for a recent graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Actuarial Associate will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.

 

Key Responsibilities

  • Support actuarial and statistical analysis to drive informed decision-making
  • Manage and update product and rating sheets using Excel to ensure accuracy and consistency
  • Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
  • Conduct market and competitor benchmarking to inform strategic initiatives
  • Assist in the preparation and submission of filings for rate, rule, and form changes
  • Generate and analyze underwriting monitoring data to identify trends and areas for improvement
  • Support the creation of Property & Casualty market data reports using SAS
  • Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
  • Support rate filings and regulatory compliance by preparing documentation and responding to information requests
  • Prepare reports and presentations that highlight findings, trends, and actionable insights
  • Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis
 

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Successful completion of one or more Actuarial exams.
  • Strong analytical skills with a solid foundation in quantitative methods and data analysis
  • Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
  • Exceptional attention to detail and commitment to producing accurate and high-quality work
  • Excellent communication skills, with the ability to present complex information in an understandable manner
  • Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
  • Ability to work collaboratively within a team and independently when required
 

Benefits

  • Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company
  • Paid time off and sick leave
  • 11 Annual paid holidays
  • 401(k) plan with up to 4% company match
  • Quarterly Fringe Benefit reimbursements
  • Job-related training reimbursement
  • Casual dress code
 

About Us

DB Insurance is a leading global insurance company headquartered in South Korea, with a growing presence in the U.S. Our U.S. branch supports operations across California, New York, Hawaii, and Arizona. We’re proud to blend the strength and stability of a global brand with the agility and collaboration of a close-knit team. At DB Insurance, we strive to foster a workplace culture that values inclusion, innovation, and the unique perspectives of our employees.

Job Tags

Hourly pay, Full time, Casual work, Work at office, Remote work, Monday to Friday,

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