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P/C Senior Actuary

$110k - $151.25k

Country Financial

Experience more with a career at COUNTRY Financial!We’re excited you’re interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients.About the roleDevelops 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, and 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. May 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. In addition, supports research in the development in 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.How does this role make an impact?- Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; and/or to implement new rates and rating plans, using existing procedures, recommending changes where appropriate.

  • Analyzes data towards developing and proposing solutions for actuarial or product line management.
  • Pursues a Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level. Maintains appropriate Continuing Education credit to maintain Actuarial credentials.
  • Researches and analyzes data for special projects within a defined scope. Serves as Property/Casualty Actuarial representative for project committees as assigned.Do you have what we're looking for? Typically requires 5+ years of relevant experience or a combination of related experience, education and training.Most incumbents have completed coursework for attaining their ACAS credential and are working towards fulfilling requirements for their FCAS credential.Preference given to candidates with prior Auto and Home pricing experience though applicants with other property casualty experience will be considered.Base Pay Range:$110,000-$151,250The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.Incentive Pay:In addition to base salary, this position is eligible for a Short-Term Incentive plan.Why work with us?Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We’re a big company, yet small enough you can make an impact and won’t get lost in the shuffle. You’ll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.Come join our team at COUNTRY today!SummaryLocation: Bloomington, ILType: Full time

Vacancy posted 2 days ago
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