Actuarial Rating Analyst

EMC Insurance Companies • Des Moines, IA

16h • $59,463 - $90,343

About The Position

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

Requirements

• Bachelor’s degree in math, statistics, or actuarial science
• One year of actuarial or business analysis experience
• Strong analytical, investigation and problem-solving abilities
• Working knowledge of mathematics, probability, statistics, and financial mathematics
• Proficient working knowledge of Microsoft office products (Excel, Word, PowerPoint, Power BI)

Nice To Haves

• Exposure to product management tools
• Knowledge of at least one programming language, such as SQL or Python preferred

Responsibilities

• Performs assigned premium rating algorithm and data analysis, including building and maintaining requirements and related documentation.
• Partners with senior team members to support more complex assignments.
• Collaborates with developers and quality assurance to ensure rating logic and functionality meet project objectives.
• Engages in quality control checks and peer reviews; recommend process improvements.
• Prepares and validates data for analysis; maintains data integrity and organizes rating elements.
• Calculates and reports policy impact measurements to support decision-making.
• Researches rating-related questions.
• Builds and tests sample policies and rating scenarios to validate logic.
• Communicates findings and project updates clearly to stakeholders and team members.
• Completes required training and certifications.
• Engages in self-directed and collaborative learning of line of business coverages and rating, including asking questions to learn context and understanding.
• Develops skills and knowledge of insurance operations.
• Collaborates and supports actuarial ratemaking work-products including rate impact analysis and rate filings.

Benefits

• Outstanding benefits with life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan and a full day of volunteer time off annually
• Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
• Professional development and growth opportunities, including tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day and opportunities for alternative work arrangements

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level