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%
BenefitsInsurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.
Position SummaryResearches 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. Analyzes data towards developing and proposing solutions for actuarial or product line management.
Primary Functions- Research and analyze various types of data to produce rate adjustment proposals, reserve estimates or economic capital models
- Provide actuarial support for filings with state insurance departments
- Implement new rates and rating plans, using existing procedures, recommending changes where appropriate
- Analyze data towards developing and proposing solutions for actuarial or product line management
- Pursue a Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level
- Maintain appropriate Continuing Education credit to maintain Actuarial credentials
- Research and analyze data for special projects within a defined scope
- Serve as Property/Casualty Actuarial representative for project committees as assigned
Must-Haves- 5+ years of relevant experience or a combination of related experience, education and training
- Property/Casualty insurance experience required
- 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
