Actuary I
About The Position
Indiana Farmers Insurance is currently looking for an Actuary I to join our Finance and Actuarial Team. As a key member of our Finance & Actuarial Team, you won't just be running models—you'll be shaping our business strategy. You will have the opportunity to enhance our pricing and reserving capabilities, tackle challenging actuarial projects, and see your analysis directly influence company performance to help us achieve our vision. Indiana Farmers Insurance maintains a structured compensation program. The starting salary for this position will be determined based on job-related factors, including the candidate’s skills, education, training, certifications, and relevant experience, as well as the scope and complexity of the role. The anticipated starting salary range for the Actuary I position is $62,000-$76,000 and may vary based on the factors outlined above. Benefits for the Actuary I: Free Health insurance Free Dental insurance Free Vision insurance Free Life insurance Free Short-Term & Long-Term Disability insurance 2% 401k Company Match 11% 401k Company Contribution Excellent Paid Time Off Generous paid time for Parental Leave Day of Service We promote from within our widely-talented workforce regularly and consistently offer opportunities to learn and grow Student Loan Assistance Program Educational Incentive Program Several committees to explore, to connect with co-workers and build relationships Two robust Employee Assistance Programs for you and your family Flexible Work Arrangements that include work locations in the office, hybrid schedules and fully remote. The type of arrangement available is determined by the position and business needs Matching funds of up to $100 annually are available from the company for your favorite charitable organization Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture An on-site fitness center, as well as free and convenient parking, make life easier Why work for Indiana Farmers Insurance? Imagine working for an employer like this: An average associate retention rate of 95+ over the past 5 years Financially stable as shown by our A- (Excellent) rating by AM Best Truly customer focused A strong legacy of excellent performance throughout our 149 years in business! For more information about Indiana Farmers, please go to https://insurance.indianafarmers.com/about-us . Indiana Farmers Insurance is an equal opportunity employer! Salary Description $62,000 - $76,000, see details within posting
Requirements
- College degree in actuarial science, mathematics or related field
- Minimum of 2 Casualty Actuarial Society (CAS) exams
- 1+ years of relevant work experience in an actuarial role
- High level of organizational and analytical skills with excellent attention to detail
Responsibilities
- Complete pricing studies and rate indications for property and liability lines
- Analyzing competitor rating algorithms to recommend strategic adjustments
- Assisting with the evaluation of loss reserves
- Maintain rate books & specification documents for rate changes for multiple lines of business
Benefits
- Free Health insurance
- Free Dental insurance
- Free Vision insurance
- Free Life insurance
- Free Short-Term & Long-Term Disability insurance
- 2% 401k Company Match
- 11% 401k Company Contribution
- Excellent Paid Time Off
- Generous paid time for Parental Leave
- Day of Service
- Student Loan Assistance Program
- Educational Incentive Program
- Several committees to explore, to connect with co-workers and build relationships
- Two robust Employee Assistance Programs for you and your family
- Flexible Work Arrangements that include work locations in the office, hybrid schedules and fully remote
- Matching funds of up to $100 annually are available from the company for your favorite charitable organization
- Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture
- An on-site fitness center, as well as free and convenient parking, make life easier
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
101-250 employees
