Property/Casualty Actuarial Analyst 2

Property/Casualty Actuarial Analyst 2

Bloomington, Illinois, United States

About the Job

We are seeking a Property/Casualty Actuarial Analyst expert in researching and analyzing various types of data to produce rate adjustment proposals, reserve estimates or economic capital models. Provides actuarial support for filings with state insurance departments to implement new rates and rating plans, using existing procedures, recommending changes where appropriate.

Location: Hybrid out of the Bloomington IL office 3 days per week, with flexibility to work from home 2 days per week.

Requirements:

• Property/Casualty experience - filled as a level 2 or level 3 (senior level) Actuary
• At least two (2) years of work experience
• Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level with 3-5 exams completed
• Maintains appropriate Continuing Education credit to maintain Actuarial credentials.

Key Responsibilities:

• Develops basic to very complex actuarial formulas leading to the recommendation of extensive and impactful strategies.
• Provides consultation and clarification on actuarial models and risk issues
• Influences management towards courses of action that have potentially sizeable impact on products, markets, underwriting, pricing, risk management, carried reserves and/or profitability.
• May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad, large and complex initiatives.
• Specialize in pricing/product development including determining rating and pricing structures and premiums, and/or the origination and evaluation of rate structures for new product ideas, which are complex and strategic.
• Supports research in the development of actuarial techniques, standards, and assumptions, and in the legal and regulatory environment.
• Supports Product Line and State Managers in determining the product line's premium rates and pricing structures, profit forecasts, and other product line actuarial determinations.

Company Culture:

We build relationships and work together to create a stronger, more secure future for our clients and our communities. You will have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

Benefits:

Benefits package includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

6% annual bonus additional variable compensation?

Nationwide relocation available. Yes, nationwide