Property Casualty Actuarial Analyst

Property Casualty  Actuarial Analyst

Hybrid

This role will be based out of our Bloomington IL office 3 days per week, with flexibility to work from home 2 days per week

Salary :  USD $88,000 – $130,000  /

6% annual bonusJob description

• 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.

Requirements of this position

Nice-to-have skills

Develops 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. This role will 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 of 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.

OUTSTANDING BENEFITS PACKAGE !!

Salary : $88,000 - $130,000