West Bend Mutual Insurance

Senior Actuary

West Bend Mutual Insurance$157K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of actuarial experience within property & casualty insurance
  • Deep expertise in reserving, pricing, and risk modeling
  • Experience with predictive analytics, GLMs, and/or data science techniques
  • Strong understanding of insurance operations, including claims and underwriting dynamics
  • Ability to translate technical analysis into clear, business-relevant recommendations
  • Proven ability to collaborate, influence, and lead across teams
  • A natural curiosity and drive to continuously improve processes and outcomes

Responsibilities

  • Lead advanced actuarial analyses across reserving, pricing, reinsurance, and predictive modeling
  • Conduct deep dives into reserving segments, identifying trends, testing assumptions, and uncovering key drivers
  • Partner closely with Claims, Underwriting, Finance, and leadership to translate data into actionable insights
  • Enhance and automate reserving processes, bringing fresh thinking and innovation to how work gets done
  • Strengthen governance frameworks and ensure adherence to actuarial standards and regulatory requirements
  • Support financial reporting through reserve adequacy analysis and auditor collaboration
  • Communicate complex trends and risk insights in a clear, business-focused way
  • Mentor and develop actuarial team members, contributing to a strong, collaborative culture

Benefits

  • Medical & Prescription Insurance
  • Health Savings Account
  • Dental Insurance
  • Vision Insurance
  • Short and Long Term Disability
  • Flexible Spending Accounts
  • Life and Accidental Death & Disability
  • Accident and Critical Illness Insurance
  • Employee Assistance Program
  • 401(k) Plan with Company Match
  • Pet Insurance
  • Paid Time Off with standard first year of 17 days
  • Bonus eligible based on performance
Full Job Description
Job Summary

The Senior Actuary provides senior-level actuarial expertise to guide strategic decision-making, profitability, and risk management across the organization's insurance portfolio.

Work Location

This position offers both remote and hybrid work locations. Candidates who reside within 50 miles of an office location (West Bend, Madison, Appleton) will be offered a hybrid work schedule. Candidates who are fully remote (beyond 50 miles) may occasionally be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events.

Responsibilities & Qualifications

Please note: We are managing this recruitment process directly and are not accepting unsolicited resumes, candidate submissions, or outreach from staffing agencies, recruiting firms, or search consultants at this time.

Shape strategy. Influence decisions. Drive profitability.

At West Bend, we're looking for a Senior Actuary who thrives at the intersection of data, strategy, and leadership. From reserving and pricing to predictive modeling and portfolio optimization, your insights will directly influence how we manage risk, grow profitably, and plan for the future.

If you enjoy solving complex problems, partnering across the business, and mentoring others while pushing actuarial practices forward, this is a great opportunity to make a meaningful impact.

What You'll Do
  • Lead advanced actuarial analyses across reserving, pricing, reinsurance, and predictive modeling
  • Conduct deep dives into reserving segments - identifying trends, testing assumptions, and uncovering key drivers
  • Partner closely with Claims, Underwriting, Finance, and leadership to translate data into actionable insights
  • Enhance and automate reserving processes, bringing fresh thinking and innovation to how work gets done
  • Strengthen governance frameworks and ensure adherence to actuarial standards and regulatory requirements
  • Support financial reporting through reserve adequacy analysis and auditor collaboration
  • Communicate complex trends and risk insights in a clear, business-focused way
  • Mentor and develop actuarial team members, contributing to a strong, collaborative culture


What You Bring
  • 8+ years of actuarial experience within property & casualty insurance
  • Deep expertise in reserving, pricing, and risk modeling
  • Experience with predictive analytics, GLMs, and/or data science techniques
  • Strong understanding of insurance operations, including claims and underwriting dynamics
  • Ability to translate technical analysis into clear, business-relevant recommendations
  • Proven ability to collaborate, influence, and lead across teams
  • A natural curiosity and drive to continuously improve processes and outcomes


Education & Credentials
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Fellow of the Casualty Actuarial Society (FCAS)


Ready to bring your actuarial expertise to a company where your voice matters? Apply today.

#LI-BW1

Salary Statement

The estimated salary range for this position is $157,000-$220,000.

The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, business needs, geographical location, and internal equity. Compensation decisions are made by West Bend and are dependent upon the facts and circumstances of each position and candidate.

Benefits

West Bend offers a comprehensive benefit plan including but not limited to:

  • Medical & Prescription Insurance
  • Health Savings Account
  • Dental Insurance
  • Vision Insurance
  • Short and Long Term Disability
  • Flexible Spending Accounts
  • Life and Accidental Death & Disability
  • Accident and Critical Illness Insurance
  • Employee Assistance Program
  • 401(k) Plan with Company Match
  • Pet Insurance
  • Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates
  • Bonus eligible based on performance
  • West Bend will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act for Colorado employees, in accordance with its plans and policies.


About West Bend Mutual Insurance

West Bend Mutual Insurance Company is a property and casualty insurance company headquartered in West Bend, Wisconsin. The company offers personal and commercial insurance products, including auto, home, business, and workers' compensation insurance. West Bend Mutual Insurance Company was founded in 1894 and has been providing insurance coverage for over 125 years. The company is committed to providing excellent customer service and has received numerous awards for its claims handling and customer satisfaction. West Bend Mutual Insurance Company is rated A (Excellent) by A.M. Best, a leading insurance rating agency.
Learn more about West Bend Mutual Insurance
Size
1,200 employees
Industry
Founded
1894

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