Actuarial Analyst (Reserving)

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? https://ir.plmr.com/corporate-profile/default.aspx

We are Hiring!

Actuarial Analyst (Reserving)

Location: La Jolla, CA; Edina, MN

The Details:

We are seeking a driven, curious, and adaptable Actuarial Analyst to join our reserving team. The strongest candidates are problem solvers who enjoy working with data, pick up new methods quickly, and shift their approach to whatever best solves the problem rather than anchoring on a single tool. You will work closely with a small, collaborative team and grow across reserving, loss analytics, and claims integration.

What will you do:

• Support the quarterly company reserve analysis in Arius, including data preparation, analysis, and diagnostics.
• Contribute to IBNR estimation and segmentation by coverage and tail length.
• Help surface loss and claims signal between the quarterly cycles.
• Provide reinsurance analytical support.
• Nurture feedback loop between Reserving and Pricing functions.
• Support claims integration and data quality and internal data asset development.
• Take on research, process improvement, and new analysis and tooling as needs shift.

What we are looking for:

• Bachelor's degree in mathematics, statistics, or actuarial science preferred
• Actuarial exams underway, typically about three passed, with a desire to work toward the ACAS and/or FCAS credential
• Typically about three years of actuarial or similar analytical experience, with strong potential weighted alongside
• Curiosity, adaptability, and a bias to learn new tools and methods
• Experience in the finance or insurance industries is a plus

We love people who want to: 

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress.
• Be intellectually curious, think creatively, and pragmatic.

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits 
• Long Term Financial Incentives – STOCK! 
• 401k with 3.5% Automatic Fully Vested Employer Contributions 
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance  
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)
• To learn more visit us at www.plmr.com

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more