Senior Actuarial Analyst

About the Company

Central Insurance has been family owned and operating since 1876, and we’re just getting started. We’re a property and casualty insurance group that believes great work starts with Integrity, thrives on strong Relationships, and never settles for less than Excellence. With over $2B in assets and an A (Excellent) A.M. Best rating, we offer stability, opportunity, and a team you’ll actually enjoy being part of. We make a difference for our policyholders by providing excellent service and being there in the greatest times of need.

About the Role

We are a team of employees who are passionate to deliver best in-class customer service and innovation in the industry. It's because we put Integrity, Relationships and Excellence in all aspects of our work.

Our employees have the opportunity to fully utilize their talents and bring their best self. We believe that who you are is just as important as what you do!

If you are a problem-solver with a service first mentality and a passion for helping people, come join our team!

As a Senior Actuarial Analyst in Pricing, you will be instrumental complete pricing and rate analysis and completing peer reviews, while leveraging data-driven approaches.

What we are looking for

• Bachelor’s degree in Mathematics, Actuarial science, Statistics, Analytics or related field and 2 years of experience in an actuarial position or insurance pricing
• Or 4 years of experience in in an actuarial position or insurance pricing
• Strong skills with programming languages such as Python, SQL, R, SAS and VBA- preferred
• 4+ Actuarial Exams Passed- preferred

What you’ll do

• Complete pricing and rate analysis as assigned
• Complete peer review as well as review of Analyst work to ensure quality of work products
• Prepare actuarial portions of rate filings including assisting with responses to questions raised by the various insurance departments
• Prepare special projects as requested by the business
• Modify and write code to manipulate and query data with minimal supervision
• Assist with training others on pricing and rate analysis tasks
• Assist in the preparation of rate level indications
• Assist in the preparation of analyses of statistical experience
• Assist with monitoring Actuarial Department communications for opportunities to collaborate and drive consistency in actuarial work products
• Support continuous improvement efforts of regular reoccurring processes within the department to minimize errors

Hiring Range

$102,000–$140,000 represents typical starting salaries and is a portion of the full pay range for the role.

Starting pay is determined based on several factors, including relevant experience, education, skills, and certifications. The full pay range is broader and is designed to provide employees with meaningful opportunities for salary growth as they develop their skills, increase proficiency, and advance in the role.

Total Rewards

Central establishes base pay based on several factors including labor market data and an evaluation of candidate qualifications relative to role requirements. Base pay is one component of a comprehensive total rewards package designed to support employees’ financial, health, career, and retirement objectives.

Central provides extensive health and wellness benefits to promote flexibility, work-life balance, generous paid leave, and long-term financial security.

For more information, see Central Insurance Benefits.