Actuarial Associate I

Society Insurance Company • Fond du Lac, WI

6d • Hybrid

About The Position

Society Insurance is seeking an Actuarial Associate I in our Actuarial Department.  This position will assist in reserving, ratemaking, business intelligence, and/or special projects to achieve rate adequacy and reserve adequacy by applying actuarial techniques.  The Actuarial Associate will work collaboratively with our Claims, Underwriting, Finance, and Information Systems departments.

Requirements

• A Bachelor’s degree in math, statistics, economics, or related field – OR – 2 years of actuarial work experience.
• Excellent analytical and problem-solving skills required.
• Experience working with Excel and database proficiency required.
• Successful completion of at least one actuarial exam.

Nice To Haves

• Prior experience in property/casualty insurance highly preferred.

Responsibilities

• Utilizes and verifies data provided by Information Technology (IT) to prepare ratemaking, reserving, and reserving analysis.
• Assists in the development of data and reports for special projects.
• Maintains templates used for ratemaking, reserving, and modeling.
• Maintains clear and concise documentation of ratemaking and reserving methods and activities.
• Passes one CAS exam per year.

Benefits

• Salary with bonus plan; health, dental, life, and vision insurance
• Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
• Company-paid holidays; flexible scheduling; PTO; telecommuting options
• Career Coaching; company-paid courses; student loan and tuition reimbursement
• Charitable Match; paid volunteer time; team sponsorships
• Employee Assistance Program; wellness initiatives/rewards; health coaching; and more

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 251-500 employees