Actuarial Assistant
About The Position
The Actuarial Assistant works on the Property/Casualty (P/C) Pricing team, assisting with the review and quantification of initiatives and rating reviews and developing recommendations to support proposed changes. The role also helps ensure that rating structures and rates comply with insurance regulations. The P/C Product Development & Pricing Department helps provide sound insurance products for Farm Bureau client/members. Its work includes supplying senior management with analysis of decision-making data affecting product costs, performing rate reviews, and analyzing current and proposed rating variables. The position will be filled at the appropriate level based on experience.
Requirements
- At least two years of actuarial work experience and proven performance on the job.
- Successful completion of three actuarial exams, with additional exam progress within two years.
- Strong technology knowledge and skills, including SQL, R, and/or other programming languages.
- Expert knowledge and substantial working experience with Excel, Word, Access, and other applicable tools, with the ability to apply them to actuarial problems.
- Knowledge of the property/casualty insurance industry and the ability to apply actuarial skills to broad-based insurance problems.
- Ability to work collaboratively and be team-focused.
- Self-starter who is detail-oriented and able to prioritize multiple tasks.
- Proven ability to perform in-depth analysis, solve problems, and use organizational skills to address complex issues.
- Must be currently authorized to work in the United States on a full-time basis; visa or work authorization sponsorship is not available.
Responsibilities
- Assist with the review and quantification of initiatives and rating reviews.
- Develop recommendations supporting rating changes and initiatives.
- Help ensure rating structures and rates comply with insurance regulations.
- Analyze current and proposed rating variables and contribute to rate reviews and analysis of product-cost data.
Benefits
- Career development and educational opportunities.
- 401(k) with a match.
- Low-cost health, dental, and vision benefits.
- Life and disability insurance options.
- Paid time off, including holidays and volunteer time.
- Onsite wellness facility with fitness classes and programs.
- Daycare center.
- Cafeteria.
- Hybrid work arrangement may be considered for many positions.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
