Actuarial Consultant

Company: Texas Mutual Insurance Company
Location: Austin
Posted on: April 10, 2025

Job Description:

We're excited you're considering joining a great place to work!

If you would like to know a bit more about this opportunity, or are considering applying, then please read the following job information.

Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.

About this Position
At Texas Mutual, our vision is to create a stronger, safer Texas. That means helping injured workers return to a productive life, empowering businesses to thrive, and giving back to our communities.

We are seeking a motivated actuarial analyst who desires to grow their knowledge of actuarial techniques and workers' compensation practices and processes.

Work for one of the best companies to work for in Texas! We are located in the heart of Mueller surrounded by parks, restaurants, shopping, and more.

Responsibilities & Qualifications

Essential Job Functions:

Apply broad knowledge in providing actuarial analytics to internal and external customers by:

Performing intermediate data compilation and actuarial analysis for price monitoring, reserving and pricing level indications.

Analyzing, developing, and validating statistical data.

Extracting, compiling and analyzing data from company computer systems. Preparing necessary responses and reports.

Assisting in the development and on-going analysis of financial and operational issues impacting the company.

Preparing and presenting of monthly, management, and ad-hoc reports and analysis as requested or necessary.

Establishing and maintaining customer service-based relationships with all internal and external customers.

Developing business solutions that incorporate statistical models and computational data analysis that utilize Generalized Linear Modeling, Principal Components analysis, Clustering and Classification models, Multivariate Regressions and Decisions Trees.

Monitoring developments in actuarial techniques and researches trends.

Translating business questions into data driven solutions.

Participating in the completion of core actuarial functions related to pricing, reserving, and actuarial modeling.

Provide peer review of other staff members work as needed, and ensure all personal work is peer reviewed prior to presentation to management.

Required Qualifications:

Bachelor's degree in actuarial science, statistics, mathematics, finance, or related fields or equivalent education, training, or experience.

At least two years of relevant experience or equivalent education, training, or experience.

Completion of at least 3 actuarial exams preferred (relevant work experience may be considered in lieu of exams).

Proficiency in excel including use of macros.

Ability to write moderately complex computer programs and queries.

Ability to understand data analysis and actuarial techniques.

Texas Mutual Pay Transparency

The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay within the range is determined by a variety of factors, including experience, performance, education, and demonstration of skills and competencies required for each role. Your recruiter can discuss the full value of our total compensation package with you, including our generous bonus plans and flex-hybrid work model.

Base Pay Range: $90,896.45 - $112,283.85 Per Year

Flex-Hybrid Work Environment:

Texas Mutual's flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.

Our Benefits:

Annual performance bonus and merit-based pay increase

Lifestyle Savings Account ($1,000 per year)

Automatic 4% employer contribution to retirement plan

401k plan with 100% employer match up to 6%

Student loan repayment matching in 401k plan

Three weeks' time off for vacation

Nine paid holidays and two personal days each year

Day one health, Rx, vision and dental insurance

Life and disability insurance

Flexible spending account

Pet insurance and pet Rx discounts

Free on-site gym, fitness classes, and health and wellness resources

Free identity theft protection

Free student loan repayment and refinancing consultation

Professional development and tuition reimbursement

Employee referral bonus

Free onsite snacks
About Us

Texas Mutual Insurance Company is the state's leading choice for workers' compensation insurance, with over 40 percent of the market. Thousands of Texas businesses rely on us to help them control their workers' comp costs, protect their employees, and ensure their injured workers receive quality care. Preventing workplace accidents is a foundation of our mission.

We have frequently been named one of the Best Companies to Work for in Texas. Our competitive salaries, award-winning benefits package, and employee recognition programs are just a few of the reasons our average employee tenure is 10 years.

If you need an accommodation with any part of the application process, please contact 800-859-5995 and ask to speak with Human Resources.

Keywords: Texas Mutual Insurance Company, College Station , Actuarial Consultant, Professions , Austin, Texas