Senior Actuary

West Bend Insurance Company•West Bend, WI

1d•Hybrid

About The Position

The Senior Actuary provides senior-level actuarial expertise to guide strategic decision-making, profitability, and risk management across the organization’s insurance portfolio. Leads complex analyses and modeling efforts that influence pricing, reserving, and overall business performance, while serving as a key advisor to leadership on emerging trends and risk exposure. Translates sophisticated actuarial insights into actionable recommendations that support portfolio optimization, financial planning, and long-term growth. Apply advanced analytical methods to enhance forecasting accuracy and risk evaluation capabilities. Ensures integrity of actuarial practices through adherence to professional standards and regulatory requirements. Plays a critical leadership role within the actuarial function by mentoring team members, promoting knowledge sharing, and driving continuous improvement in analytical approaches and business alignment.

Requirements

8 years of actuarial experience in the property/casualty insurance industry.
Expertise knowledge of actuarial techniques related to pricing, reserving, and risk modeling.
Experience applying predictive modeling and data analytics to support business decisions.
Understanding of insurance operations, including underwriting, claims, and financial reporting.
Analytical, problem-solving, and decision-making capabilities.
Effective oral and written communication skills, with the ability to translate complex technical concepts into actionable business insights.
Interpersonal and collaboration skills, with the ability to influence cross-functional stakeholders.
Negotiation and business judgment skills to support risk and pricing decisions.
Demonstrated ability to mentor, coach, and develop less experienced actuarial staff.

Nice To Haves

Bachelor’s degree in Mathematics, Actuarial Science, or related field
Fellow of the Casualty Actuarial Society

Responsibilities

Lead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making.
Partner with underwriting, finance, claims, and senior leadership to influence and optimize business performance and ensure regulatory compliance.
Lead development and refinement of pricing models, rate indications, and loss cost projections for P&C insurance products.
Assess and clearly articulate underwriting risk and loss trends to guide corporate strategy and portfolio management.
Perform reserve adequacy analyses, including loss development, trend analysis, and financial projections to support financial reporting.
Utilize advanced actuarial techniques, including GLMs, machine learning, and data science methodologies, to enhance risk assessment and profitability.
Ensure compliance with actuarial standards of practice, regulatory requirements, and filing obligations with state departments of insurance.
Provide technical guidance, mentor junior actuaries, and contribute to professional development within the actuarial team.