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Senior Actuarial Analyst (Primarily Home) - Military Veterans

at American Family Insurance

Provides analysis for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. Builds models and projections to enable the business to generate consistent and sound prices Builds forecasts and models for incurred losses and loss adjustment expense (LAE), CAT and investment risks, and reinsurance for the annual profit & growth plan. You will report to a senior manager, actuary.


#LI-Remote

Internal candidates are encouraged to apply regardless of location
and will be considered based upon the needs of the role.

Position Compensation Range:

$76,000.00 - $125,000.00

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
• Responsible for state rate level indication development.
• Provide technical background in support of rate filings with state insurance departments.
• Works with business partners to develop rate recommendations.
• Develops relationship with core business partners and provide insights and solutions to address specific business concerns.
• Assists in data preparation and testing.
• Conducts competitive and market analysis and supports the development of pricing for new products and rating structures.
• Assists in performing the annual losses incurred forecast, the maintenance of the losses incurred forecasting system and reports, the maintenance and development of the loss reserving database system and reports, the implementation of new reserving process efficiencies and techniques and the annual determination of the factor reserves and unknown injury reserves.
• With some direction, develops and books the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis.
• Measures and evaluates deviations of underwriting results from the annual profit plan on a quarterly basis.
• Assists in the performance of actuarial modeling to quantify the impact of risks.

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

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
  • Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position.

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

Atlanta, GA

Salary Range
$76,000 to $125,000
American Family Insurance

At the American Family Insurance Group* passion & purpose fill the halls. We’re striving to attract and retain a diverse workplace. We believe a strong culture of diversity, equity and inclusion is essential to inspiring, protecting and restoring the dreams of our customers — and our employees. It’s why we’re committed to creating a collaborative environment where uniqueness is valued and individuals are treated equitably. We’re focused on building key partnerships, driving the accountability of our leaders, and embedding critical equity and inclusion learnings into the fabric of our business. Your ideas, your background, and your experience make a difference. They’re vital to our company’s success. We deliver diversified and innovative insurance solutions by keeping up with the ever-changing demands of our customers. We understand that we can only do this with a diverse workforce.

We Value the Heroes Who Have Served for us. Please click the below to see how we are honoring our Military Veterans like you!

https://www.youtube.com/watch?v=9Mf0Sd7MeU8

Read more about our pledge for Diversity, Equity and Inclusion https://www.amfam.com/providing-support/diversity-and-inclusion

*The American Family Insurance Group includes American Family Insurance, The General, Homesite, Main Street America, and CONNECT, powered by American Family Insurance. Across these companies the group has nearly 13,000 employees nationwide and is the nation’s 12th-largest property/casualty insurance group, ranking No. 301 on the Fortune 500 list.

 

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