P& C Senior Actuarial Analyst

Location: Bloomington, IL
Job Type: Direct Hire
Salary: $70,000.00 - $78,000.00
Degree: Bachelor;
Date: 11/28/2017
Job ID: 02545430
Job Description

As a Senior Actuarial Analyst within the Property/Casualty Actuarial and Product Management Division  you will analyze data and trends for purposes of determining pricing for our personal lines product offerings. Be part of a dynamic team and experience the evolving new product management structure, the roll-out of our new policy administrative and rating systems and 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.

 

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 issues.
  • Pursues a Casualty Actuarial Society designation at least through 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:

Required Qualifications:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field and at least 2 years personal lines pricing experience, OR
  • Master’s degree in Actuarial Science, Mathematics, Statistics or related field of study experience
  • 3 actuarial exams completed.
  • Demonstrated ability solving basic to intermediate pricing/actuarial problems.
  • Computer skills including Basic/Intermediate skills using Microsoft Office Suite and basic programming skills  

Preferred Qualifications:

  • 4 years personal lines pricing experience.
  • 4-5 actuarial exams completed.
  • Demonstrated ability solving intermediate to advanced pricing/actuarial problems.
  • Computer skills including Intermediate/Advanced skills using Microsoft Office Suite and basic/intermediate programming skills.
Relocation is a potential