Actuarial Analyst III

Farm Family; Omaha (NE); On-site; USD 82,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) with company match

Paid time off

Professional development opportunities

Job summary

Farm Family seeks an Actuarial Analyst III to perform and communicate complex actuarial analyses, including pricing, data analyses, and exhibits, with a primary focus on pricing. This 100% in-office role requires collaborating with various actuarial functions to ensure profitability and financial strength.

Candidates should hold a Bachelor's in a quantitative field, show progress in actuarial principles, complete at least 3 CAS exams, and be proficient with Microsoft Office.

Qualifications

• Bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background.
• Demonstrated progress in understanding and applying basic actuarial principles.
• Completion of at least 3 CAS exams.
• Proficient in Microsoft Office and able to learn other applications.
• Strong communication, listening, writing and analytical skills.

Responsibilities

• Applies fundamental actuarial principles to analyze company and industry data for actuarial analyses.
• Prepares summaries of analyses for distribution to Home Office, Field management, and regulators.
• Completes processes to perform and document actuarial analyses promptly and accurately.
• Assists less experienced analysts with spreadsheets, databases, and data sources.
• Prepares for CAS examinations through on-the-job and self-study.
• Interacts with personnel across Actuarial Operations.
• Provides and requests information about items to include in actuarial analyses such as rate proposals.
• Communicates with regulators to understand state regulations and filing requirements.
• Provides historical experience and data to support renewals and explain trends.

Skills

Actuarial analysis

Data analysis

Microsoft Office

Active listening

Problem solving

Oral comprehension

Writing

Communication

Education

Bachelor's degree

3 CAS exams

Tools

Microsoft Office

Job description

Company

Farm Family specializes in farm and ranch protection with a wide range of products including flexible farm packages, business owner policies, commercial package, workers compensation, commercial auto and select personal auto coverage. Farm Family is a leader in serving the Northeast and Mid-Atlantic markets and is pursuing growth across the U.S. The Farm Family entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.

Job Description

The responsibilities of the Actuarial Analyst III include performing and communicating complex actuarial analyses such as actuarial exhibits, pricing, data analyses and other tasks as assigned as well as assisting less experienced Actuarial Analysts. This position supports the core actuarial functions (i.e. Pricing, reserving, modeling, etc. with a primary focus in pricing) responsible for ensuring profitability, growth and the financial strength of the organization.

Minimal management oversight, review and guidance will be required.

This is a 100% in-office position

Candidates must be able to work on-site at a designated company office during standard business hours.

Essential Responsibilities

• Applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses
• Prepares summaries of actuarial analyses for distribution to Home Office and Field management, other Farm Family departments, consultants, reinsurers, and regulators
• Completes processes to perform and document actuarial analyses promptly and accurately
• Assists less experienced analysts with spreadsheets, databases, and sources of data used in actuarial analyses
• Prepares for and progresses in the CAS examinations through on-the-job and home study
• Interacts with personnel in all departments of Actuarial Operations
• Provide and request information about items to be included in actuarial analyses such as rate proposals.
• Communicate with regulators to understand state regulations, filing requirements, and compliance concerns.
• Provide historical experience and data to support annual renewal and provide insight to explain trends

Qualifications / Experience Required

• A Bachelor’s degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required.
• The ability to demonstrate sufficient progress in understanding and applying basic actuarial principles and
• Completion of at least 3 CAS exams
• Must be able to operate Microsoft Office programs and ability to learn other computer applications.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Problem solving in this position mainly involves applying these principles and fundamentals in any actuarial analyses that reflect sound actuarial thought processes.
• Speaking - Talking to others to convey information effectively so others can understand you
• Service Orientation - Actively looking for ways to help people.
• Coordination - Adjusting actions in relation to others' actions.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Writing - The ability to read and understand information and ideas presented in writing and to communicate information in writing so others will understand

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location.

Pay Ranges

Albany & Chicago: $82,000 to $120,000

Please Note

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.

Benefits And Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program - including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.

Core Values

At Clearbrook our Core Values are Integrity, Collaboration, Pursuit of Excellence and Forward Thinking. These values reflect who we are today and who we aspire to be - guiding how we work, how we lead and how we succeed.