What are the responsibilities and job description for the Actuarial Analyst II position at UFG?
UFG is looking for early-career candidates for an Actuarial Analyst II striving to make a difference at a growing, innovative company. Within the Actuarial Department, you’ll have the opportunity to broaden your experience with exposure to multiple products and job functions. The ideal candidate in this role will have strong technical skills, demonstrated critical thinking, and an ability to effectively communicate with technical and non-technical partners. This specific position focuses on driving profitable growth in our Core Commercial segment through the development and execution of pricing models and rate strategies.
This role is part of the Actuarial Student Program at UFG and is eligible for exam support through study hours and financial benefits.
Responsibilities:
- Develop a working knowledge of actuarial tools and diagnostics used internally as well as by business partners
- Own actuarial analyses, including countrywide and state-specific indications; support deep dive and segmentation analyses
- Recommend, execute, and monitor profitability strategies, in partnership with Underwriting and product owners
- Identify and improve process efficiencies within scope of work
- Support preparation of all required documentation for rate filings
- Effectively communicate progress and results of various analyses to management and customers
- Other special projects as assigned
Qualifications:
Education:
- Three CAS exams required; up to five exams preferred
- Pursuing ACAS/FCAS designation
- Undergraduate degree in Mathematics, Actuarial Science, Statistics, Economics, or related field of study
Experience:
- 2-4 years of actuarial experience in commercial property & casualty
- Exposure to pricing / ratemaking outside of CAS exams
Knowledge, skills & abilities:
- Effective verbal and written communication skills
- Knowledge of actuarial pricing techniques and best practices
- Knowledge of commercial insurance products and general insurance/business knowledge
- Ability to be agile and thrive in a dynamic work environment
- Solid interpersonal skills and the ability to work in a team environment as well as independently
- Advanced skills with Microsoft Office products including Excel, Power Point, Word
- Experience with SQL, R, Python preferred
Working Conditions:
- General office conditions not subject to adverse environmental conditions
Disclaimer |
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and skills required. Additional tasks and requirements may be assigned, as necessitated by business need. UFG retains the right to modify the description of this job at any time.