Ready to be part of something amazing?
We are looking for an Actuarial Analyst to join our Workers Compensation actuarial team. With us, you’ll tackle exciting challenges while being guided by seasoned pros who are eager to support your professional journey. From day one, you will develop your knowledge and understanding of Workers Compensation, the insurance industry and learn new skills through meaningful on-the-job experiences. You will be challenged and encouraged to reach your greatest potential.
You will be using both traditional actuarial concepts and cutting-edge statistical modeling techniques including predictive modeling to enhance pricing plan sophistication, identify business issues, develop various approaches to address these issues, perform analyses and make recommendations based on the results.
About us:
Pinnacol Assurance does just one thing, and does it better than anyone: provide caring workers’ compensation protection. And while we may be a little biased, we believe that our work shapes communities and changes lives.
We have big hearts and love big ideas. We’ve been around for more than 100 years, but don’t let that fool you. We are committed to doing it in the most innovative ways. We celebrate continuous improvement, new ideas, compassion, teamwork, integrity and excellence.
What You'll Be Doing:
- Actuarial Buddy: Support actuaries with analysis.
- Research Champion: Assist in preparing actuarial research and reports; present findings to peers and others.
- Exhibit Expert: Analyze and create efficient methods for financial exhibits.
- Analytic Trailblazer: Propose alternative analytic approaches.
- Communication Hotshot: Clearly communicate technical actuarial work to both technical and non-technical audiences.
- Independent Detective: Conduct independent analysis, draw conclusions, and make recommendations for assigned projects. Identify potential issues/risks and research their estimated impact.
- Data Ace: Retrieve, understand, and manipulate data for various projects.
- Quality Genius: Verify data quality, validity, and completeness.
- Documentation Superhero: Maintain clear and concise documentation of methods and activities.
- Business Insight: Solid understanding of business to improve outcomes.
- Excel Expert: Proficiency in Excel (VBA, macros, scripts, formulas, data visualization, etc.), SQL and R.
What You'll Need:
- Education: Bachelor’s degree in actuarial science, math/applied math, statistics/applied statistics, or related field.
- Exam Success: Passage of two or more actuarial exams with the goal of attaining ACAS/FCAS.
- Experience: 1-2 years of success in an actuarial role or internship at a personal lines insurance company.
- Analytical Mind: Ability to analyze data and review moderately complex analyses from others.
- Intellectual Curiosity: Willingness to learn new things, understand why things are the way they are, and constantly expand knowledge in new topics.
- Skill Set: Good analytical and problem-solving skills, attention to detail, ability to prioritize and complete work and/or projects effectively.
- Clear Communicator: Ability to convey complex information clearly and concisely, both verbally and in writing.
- Collaborator: Ability to develop partnerships and work as a team member, while also being able to work independently.
What's Great to Have:
- Experience Working in a Professional Environment: Experience working with insurance companies or related businesses and knowledge about workers compensation.
- Data Savvy: Advanced knowledge of data sources, tools, statistical principles, methodologies, and research techniques.
WORK ENVIRONMENT / PHYSICAL ACTIVITIES:
Regular attendance is required. Telephone and computer work in a remote environment.
Gainsharing: This role is eligible to participate in our quarterly incentive program, a tool to reward employees quarterly if they meet or exceed the plan targets. The plan is based on team performance to support corporate strategies.
Insurance Benefits: Full-time and part-time employees scheduled to work at least 30 hours per week can enroll in Pinnacol's health programs, such as medical, dental, vision, life insurance, etc.
Retirement Benefits: As an employee of Pinnacol Assurance, you are automatically enrolled in the PERA Defined Benefit Plan and have the opportunity for additional financial security by enrolling in optional PERAPlus 401(k) and 457 plans.
Salary Range $84,100.00- $89,800.00
DISCLAIMER:
This description is not an exhaustive list of all duties, responsibilities, or qualifications associated with this job.
This posting will close 15 days after being published: April 22 2025
Salary Range
$84,100—$89,800 USD
Top Skills
What We Do
As the state’s largest workers’ compensation insurance carrier, we are committed to keeping workers safe and helping Colorado businesses thrive.
We make a difference by helping Colorado put care to work. We are fiercely devoted to keeping workers healthy and safe — every moment of every day. We believe our work shapes communities and changes lives. It takes a diverse pool of caring people to achieve this mission — people like you.
We’re humbled to be recognized as one of Colorado’s Top Large Employers by The Denver Post in 2023, making it the seventh consecutive year we earned a spot on the list of top companies to work for.
Why Work With Us
We have big hearts and love big ideas. We’ve been around for over 100 years, but don’t let that fool you. Pinnacol is committed to taking care of Colorado employers and workers in the most innovative of ways! We celebrate continuous improvement, new ideas, compassion, teamwork, integrity & excellence.
We've truly been built in CO, for CO!
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