In this hybrid role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783; Boston, MA 02110.
LI# Hybrid
Position Compensation Range:
$97,000.00 - $164,000.00Pay Rate Type:
SalaryCompensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
- Contribute to recommendations and significant revisions to one or more actuarial methodologies related to insurance pricing, ratemaking, loss reserving, modeling or reinsurance.
- Develop relationship with core business partners and provide insights and solutions to address specific business concerns.
- Explore new concepts statistical models, and data sources to deliver innovative solutions for the business.
- May contribute to all aspects of indication development and owns the recurring process.
- May facilitate the rate review process and contributes to the pricing committee meetings to support the pricing strategy.
- May assist with the development of pricing for new products and rating structures.
- Represent pricing on various data efforts including dataset development and consultation on data and analytical development.
- Assist with development of classification ratemaking methodologies and models.
- Monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.
- Determine the property and casualty loss and LAE reserve reserve needs.
- Responsible for putting together annual statement exhibits related to loss and LAE expenses.
- Perform the annual determination of the factor reserves.
Specialized Knowledge & Skills Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
- Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
- Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
- Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
- Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
Licenses
- Not applicable.
Travel Requirements
- Up to 10%.
Physical Requirements
- Work that primarily involves sitting/standing.
Working Conditions
- Not applicable.
Additional Information
Offer to selected candidate will be made contingent on the results of applicable background checks
Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
Sponsorship will not be considered for this position unless specified in the posting
We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
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