Actuarial Analyst opportunity in the Property/Casualty Actuarial Division of our Bloomington, Ill. home offices. The role will focus on analyzing data and trends for purposes of determining pricing for our personal (home, auto & umbrella), agribusiness and/or commercial lines product offerings. You will be a part of a dynamic team and aid in developing the ever-increasing sophistication of our rating plans and methodologies. Your actuarial work will expose you to an array of computational and product/business challenges through a continually changing set of assignments. Company provided actuarial exam support will help ensure progress towards becoming a designated actuary and bolster career development opportunities.
This position offers a hybrid work schedule and is based out of our corporate offices in Bloomington, IL.
Responsibilities
- 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.
Qualifications:
- Demonstrated ability solving basic to intermediate pricing/actuarial problems.
- Computer skills including Intermediate/Advanced skills using Microsoft Office Suite and basic/intermediate programming skills.
- Most incumbents will have completed 3 – 5 exams/online courses.
- Typically requires 4 years of relevant experience or a combination of related experience, education and training.
MUST HAVE
- Minimum 2 years actuarial experience, commercial preferred – 3 exams completed – Must be onsite in Bloomington IL 3-days per week
- 4-5 exams completed
