DW Simpson Spring Newsletter

DW SIMPSON NEWS

Market Trends and Insights

Remote Work Dynamics: Remote work continues to shape the actuarial landscape, with most candidates preferring not to relocate. Companies are increasingly adopting hybrid work arrangements, with less opportunity for fully remote roles. This shift continues to contribute to a challenging environment for companies looking for actuarial talent.

Focus on Technology and Data Analytics: Actuaries are embracing technology and data analytics more than ever before. With the rise of AI,machine learning, and predictive modeling, actuaries are playing a crucial role in harnessing data to drive strategic decision-making across the insurance industry.

Evolving Regulatory Environment: Regulatory changes are influencing the actuarial profession globally. From shifts in accounting standards to new regulations in healthcare and insurance, actuaries are navigating complex regulatory landscapes. Continuous learning and adaptation to these changes are key to staying relevant in the field.

For a more in-depth look at the market, open our 2024 Market Trends report:

We will be exhibiting at the following industry meetings:

SEAC in Delray Beach, June 19 to 21 – Patty Simpson will be in attendance.
SOA Health Meeting in Baltimore, June 23 to 26 – Patty Kennelly and Mimi Fritz will be at our booth.

Stop by our Booth and say Hello!

The DW Simpson Salary Survey

Each year we conduct a survey of the actuarial industry to provide the most accurate and timely data available, making our Salary Survey the industry standard. We begin gathering data for our comprehensive salary survey in May and we hope that you will take the time to participate. You can view our most recent survey here:

CHECK OUT OUR RECENT BLOGS!

FEATURED JOBS

Property & Casualty Insurance

An established P&C company is searching for someone who is close to or already has their ACAS designation & 5 years of experience for their role of Associate Actuarial Reserving Manager. The duties of this position include conducting various reserve processes, working closely with executive management, and leading monthly claims & actuarial discussions. Having 2 years of prior reserving experience is a must. Being skilled in SQL, ResQ, and Python is preferred. Comp: $95-115K. (#54890).

Leading P&C company is searching for a candidate who is close to or already has their ACAS to become their Director/Assistant Actuary – Auto. The ideal person for this role will have 5 or more years of experience. Some of that experience should be rooted in commercial lines specifically. The responsibilities of this position include rebuilding the commercial auto product of the company, maintaining the product once it is adjusted, and managing the delegation and completion of work done by junior actuaries. Having prior experience with modeling and rate filing is preferred. Comp: up to $150K. (#54869)

Life Insurance

Well-established Life client is seeking a self-motivated problem solver who will be involved in all aspects of the model development life cycle. Candidate will proactively maintain & enhance actuarial models & processing tools for STAT (Cash Flow Testing & PBR) reporting, Embedded Value, Business Planning, and GAAP. The ideal individual would be an ASA with 5+ years of actuarial experience with modeling and/or valuation. Proficiency in SQL and R/Python required. MG-ALFA experience is a plus. Comp: $130-150K. (#54803)

Health Insurance

A regional health insurance company is searching for a student or ASA to join their team. In this role, you will perform complex analysis, ensure accuracy of insurance data used in the production of outputs, and monitor the value of provider risk sharing programs. Work for a company that truly values a healthy work/life balance. The ideal candidate will have strong analytical skills and have at least 4 years of actuarial experience. (#54837)

If you would like to view a comprehensive list of our current jobs, click below:

Career Resources and Guidance

Our team is committed to providing comprehensive career resources and guidance to help actuaries at all career stages thrive. Whether you’re a recent graduate exploring entry-level opportunities or a seasoned professional seeking a Chief Actuary role, DW Simpson is here to support your career journey. For more information, visit our website at Actuarial Recruiting Firm – DW Simpson