Pricing/Ratemaking Actuary
Company | American Family Insurance Group |
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Location | Madison, WI, USA, Boston, MA, USA, St Joseph, MO, USA, Eden Prairie, MN, USA, Phoenix, AZ, USA, Denver, CO, USA, Brattleboro, VT, USA |
Salary | $111000 – $190000 |
Type | Full-Time |
Degrees | |
Experience Level | Senior, Expert or higher |
Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
- Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
- Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
- Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
- Solid knowledge and understanding of profitability, growth and risk concepts.
- Credentialed in Casualty Actuary Society (FCAS or ACAS)
Responsibilities
- Provides consultation and develops or leads the development of models and projections to enable new start-up organizations.
- Provide actuarial expertise and consultation on the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance.
- Leads development of pricing for new products and rating structures.
- Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.
- Monitors industry and competitor trends to determine potential impact to actuarial strategies and solutions.
- Leads projects and/or develops staff.
Preferred Qualifications
- Working knowledge of California regulations (Prop 103) and the associated Private Passenger Auto requirements preferred.