P/C Senior Actuary

YK Solutions LLC

$110K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in Property/Casualty insurance
  • Experience or training related to actuarial science
  • ACAS level progress with plans towards FCAS
  • Strong analytical skills
  • Effective communication for presenting findings

Responsibilities

  • Analyze data to create solutions for actuarial or management needs
  • Conduct research for rate adjustment proposals and reserve estimates
  • Support filings with state insurance departments
  • Recommend changes to existing procedures based on data analysis
  • Represent Property/Casualty actuarial interests in project committees

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life and disability insurance coverage
  • 401(k) plan with company match
Full Job Description
Position Title: P/C Senior Actuary (Confidential Client)
Location: Bloomington, IL | Hybrid
Employment Type: Permanent
Compensation
  • Salary: $110,000 - $150,000/yr
  • Annual Bonus: 6%
Benefits

Insurance benefits including medical, dental, vision, disability, and life insurance. 401(k) with company match.
Position Summary

Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; and/or to implement new rates and rating plans, using existing procedures, recommending changes where appropriate.
Primary Functions
  • Analyzes data towards developing and proposing solutions for actuarial or product line management.
  • Pursues a Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level. Maintains appropriate Continuing Education credit to maintain Actuarial credentials.
  • Researches and analyzes data for special projects within a defined scope. Serves as Property/Casualty Actuarial representative for project committees as assigned.
Must-Haves
  • Property/Casualty insurance experience required.
  • Minimum 5+ years of relevant experience or a combination of related experience, education and training.
  • Most incumbents have completed coursework for attaining their ACAS credential and are working towards fulfilling requirements for their FCAS credential.
Preferred Qualifications
  • Prior Auto and Home pricing experience, though applicants with other property casualty experience will be considered.

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