Job SummaryThe internal deadline to apply is xx/xx/xxxx. External applications will be accepted on a rolling basis while the position remains open.Work LocationOffice
This position is an in-office role located in West Bend, Madison or Appleton, WI. No remote opportunities for this position are available at this time.Hybrid
This position offers a hybrid work schedule. Candidates who are located within 50 miles of a West Bend office location will work a hybrid schedule for collaboration days, team meetings or other in-person events. The position can be based in West Bend, Madison or Appleton.Remote
This is a fully remote/work from home role where you will spend xx% of your time in the field, servicing the xxxxxx territory. On occasion you may be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events.This is a fully remote/work from home role. On occasion you may be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events.Hybrid or Remote
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 & QualificationsSummary of ResponsibilitiesLead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making. The Senior Actuary will collaborate with underwriting, finance, claims, and senior leadership to optimize business performance and ensure regulatory compliance. Develop and refine pricing models, rate indications, and loss cost projections for P&C insurance products. Perform reserve adequacy analyses, including loss development, trend analysis, and financial projections to support statutory 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. Assess underwriting risk and loss trends to guide corporate strategy and portfolio management. Provide technical guidance, mentor junior actuaries, and contribute to professional development within the actuarial team.
Preferred Experience and Skills- 10 years of actuarial experience in the property/casualty insurance industry
- Understanding of data structures & queries
- Oral and written communication skills
- Interpersonal skills
- Advanced analytical skills
- Negotiation skills
- Leadership skills, with the ability to mentor and develop others
Preferred Education and Training- Bachelor's degree in Mathematics, Actuarial Science, or related field
- Fellow of the Casualty Actuarial Society
Physical DemandsLight physical demand in an office setting with duties being performed while sitting or standing. Dexterity and vision required for use of computer.
Working ConditionsNormal office working conditions. The noise level in the work environment is usually quiet.
BenefitsWest Bend offers a comprehensive benefit plan including but not limited to: - Medical & Prescription 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
- 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.