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Actuarial Analyst I (Hybrid)

American Family Insurance

4.6

(10)

Multiple Locations

Why you should apply for a job to American Family Insurance:

  • 4.6/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 80% say women are treated fairly and equally to men
  • 90% would recommend this company to other women
  • 80% say the CEO supports gender diversity
    • Ratings are based on anonymous reviews by Fairygodboss members.
  • Matching employee donations up to $3,000 each year to qualifying nonprofit organizations.
  • Paid leave program offers two weeks of paid time off each year to parents to care for a child, spouse, domestic partner or parent.
  • Children of employees can apply for an annual scholarship of $2,500 for up to four years ($10,000).

    • #R37015

    Position summary

    00

    Pay Rate Type:
    Salary

    Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

    Primary Accountabilities
    • Provide insights and solutions to address specific business concerns. Support competitive and market analysis.
    • Assist in the performance of actuarial modeling to quantify the impact of risks.
    • Provide technical background in support of rate filings with state insurance departments; responds to and resolves regulatory questions.
    • Coordinate the rate review process and contributes to the pricing meetings to support the pricing strategy.
    • Responsible for state rate level indication development, including trending and adjusting premiums, losses and expenses.
    • Develop and books the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis.
    • Assist in performing the annual losses incurred forecast. Assist the maintenance of the losses incurred forecasting system and reports.
    • Measure and evaluate deviations of underwriting results on a quarterly basis.
    • Under immediate direction, develop and book the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis.
    • Assist in the maintenance of the loss reserving database system and reports. Assist in the annual determination of the factor reserves and unknown injury reserves. Assist in performing the annual losses incurred forecast.

    Specialized Knowledge & Skills Requirements
    • Demonstrated experience providing customer-driven solutions, support, or service.
    • Basic knowledge and understanding of property and casualty products, pricing, rates and industry trends.
    • Basic knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
    • Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
    • Basic knowledge and understanding of forecasting and statistical analysis and modeling.
    • Pursuing Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).

    Additional Specialized Knowledge & Skills

    • Minimum of one actuarial exam successfully passed preferred.

    • Strong Excel experience desired, SQL/Python experience preferred.

    Licenses
    • Not applicable.

    Travel Requirements
    • Up to 10%.

    Physical Requirements
    • Work that primarily involves sitting/standing.

    Working Conditions
    • Not applicable.

    Additional Information

    • Offer to selected candidate will be made contingent on the results of applicable background checks

    • Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

    • Sponsorship will not be considered for this position unless specified in the posting

    We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

    We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

    We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

    #LI-MN2

    Why you should apply for a job to American Family Insurance:

  • 4.6/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 80% say women are treated fairly and equally to men
  • 90% would recommend this company to other women
  • 80% say the CEO supports gender diversity
    • Ratings are based on anonymous reviews by Fairygodboss members.
  • Matching employee donations up to $3,000 each year to qualifying nonprofit organizations.
  • Paid leave program offers two weeks of paid time off each year to parents to care for a child, spouse, domestic partner or parent.
  • Children of employees can apply for an annual scholarship of $2,500 for up to four years ($10,000).