Actuary II
About The Position
Indiana Farmers Insurance is currently looking for an Actuary II 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. Benefits for the Actuary II: 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!
Requirements
- College degree in actuarial science, mathematics or related field
- Minimum of 5 Casualty Actuarial Society (CAS) exams
- 4+ years of relevant work experience in an actuarial role
- High level of organizational and analytical skills with good attention to detail
Responsibilities
- Calculating quarterly rate indications for liability heavy lines and completing pricing studies
- Analyzing competitor rating algorithms and making change recommendations
- Assisting with the evaluation of loss reserves
- Overseeing the building of rate books and rate specification documents for rate changes for all 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
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
101-250 employees
