Senior Actuary

Recognized as a Milwaukee Journal Sentinel Top Workplace for 14 consecutive years, including three years of being honored as number one! Join us at West Bend, where we believe that our associates are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of thought, experience, and knowledge are valued. We're committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our successes and take pride in serving our communities.

The Senior Actuary provides senior-level actuarial expertise to guide strategic decision-making, profitability, and risk management across the organization's insurance portfolio.

This position offers both remote and hybrid work locations. Candidates who reside within 50 miles of an office location (West Bend, Madison, Appleton) will be offered a hybrid work schedule. Candidates who are fully remote (beyond 50 miles) may occasionally be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events.

Summary of Responsibilities

The Senior Actuary provides senior-level actuarial expertise to guide strategic decision-making, profitability, and risk management across the organization's insurance portfolio. Leads complex analyses and modeling efforts that influence pricing, reserving, and overall business performance, while serving as a key advisor to leadership on emerging trends and risk exposure. Translates sophisticated actuarial insights into actionable recommendations that support portfolio optimization, financial planning, and long-term growth. Apply advanced analytical methods to enhance forecasting accuracy and risk evaluation capabilities. Ensures integrity of actuarial practices through adherence to professional standards and regulatory requirements. Plays a critical leadership role within the actuarial function by mentoring team members, promoting knowledge sharing, and driving continuous improvement in analytical approaches and business alignment.

Key Responsibilities

Lead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making.
• Partner with underwriting, finance, claims, and senior leadership to influence and optimize business performance and ensure regulatory compliance.
• Lead development and refinement of pricing models, rate indications, and loss cost projections for P&C insurance products.
• Assess and clearly articulate underwriting risk and loss trends to guide corporate strategy and portfolio management.
• Perform reserve adequacy analyses, including loss development, trend analysis, and financial projections to support financial reporting.
• Utilize advanced actuarial techniques, including GLMs, machine learning, and data science methodologies, to enhance risk assessment and profitability.
• Ensure compliance with actuarial standards of practice, regulatory requirements, and filing obligations with state departments of insurance.
• Provide technical guidance, mentor junior actuaries, and contribute to professional development within the actuarial team.

Preferred Experience and Skills

• 8 years of actuarial experience in the property/casualty insurance industry.
• Expertise knowledge of actuarial techniques related to pricing, reserving, and risk modeling.
• Experience applying predictive modeling and data analytics to support business decisions.
• Understanding of insurance operations, including underwriting, claims, and financial reporting.
• Analytical, problem-solving, and decision-making capabilities.
• Effective oral and written communication skills, with the ability to translate complex technical concepts into actionable business insights.
• Interpersonal and collaboration skills, with the ability to influence cross-functional stakeholders.
• Negotiation and business judgment skills to support risk and pricing decisions.
• Demonstrated ability to mentor, coach, and develop less experienced actuarial staff.

Preferred Education and Training

• Bachelor's degree in Mathematics, Actuarial Science, or related field
• Fellow of the Casualty Actuarial Society

#LI-BW1

West Bend offers a comprehensive benefit plan including but not limited to:

• Medical & Prescription Insurance

• Health Savings Account

• Dental Insurance

• Vision Insurance

• Short and Long Term Disability

• Flexible Spending Accounts

• Life and Accidental Death & Disability

• Accident and Critical Illness Insurance

• Employee Assistance Program

• 401(k) Plan with Company Match

• Pet Insurance

• Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates

• Bonus eligible based on performance

• West Bend will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act for Colorado employees, in accordance with its plans and policies.

West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and promotion.