Actuarial Analyst-Property & Casualty

Federated Insurance; Owatonna (MN); On-site; USD 80,000 - 109,000; Full time

Benefits offered by this job

Bonus programs

Health insurance

Pension and 401(k)

Paid volunteer time

Gift matching

Job summary

Federated Insurance is seeking an Actuarial Analyst for its Owatonna, MN office. The role focuses on measuring operating results, projecting data using actuarial methods, and supporting statutory reporting requirements. The candidate should have strong mathematical and analytical skills and at least one actuarial exam passed.

The position emphasizes collaboration, self-motivation, and clear presentation of technical information within a team environment.

Qualifications

• Four-year degree in Math or related field (or equivalent).
• At least one actuarial exam passed.
• Strong mathematical, analytical, and problem‑solving skills.
• Excellent Microsoft Office skills including Excel, Word, and Outlook.

Responsibilities

• Measure operating results and project data using actuarial techniques.
• Assess financial soundness of plans to improve products.
• Fulfill statutory and reporting requirements of state insurance departments and other agencies.
• Present technical information to different levels of the organization.

Skills

Analytical thinking

Mathematical proficiency

Problem solving

Communication

Education

Four-year degree in Math or related field

Tools

Excel

Word

Outlook

Job description

Who is Federated Insurance?

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.

Who is Federated Insurance?

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We are looking for employees who want to make a difference in others’ lives, all while enhancing their own. Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our core principles and values. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

What Will You Do?

Federated Insurance is seeking an Actuarial Analyst to support our Property & Casualty operations. In this role you will be measuring operating results, projecting data using actuarial techniques, assessing financial soundness of plans to improve our existing products, and fulfill statutory and reporting requirements of state insurance departments and other outside agencies. We are looking for a self‑motivated individual with strong analytical skills who can compute and present technical information to different levels of the organization and works well in a collaborative and team environment.

This position will be located in our Owatonna, MN office.

Minimum Qualifications

• Four-year degree, preferable in Math or related subject
• A minimum of one actuarial exam passed
• Strong mathematical, analytical, and problem‑solving skills
• Excellent Microsoft Office skills including: Excel, Word, and Outlook

Actuarial Analyst pay range is $80,300-$108,700. Pay may vary depending on job‑related factors and individual experience, skills, knowledge, etc. More information can be discussed with a member of the Recruiting team.

What We Offer

We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost‑effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You .

Employment Practices

All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1‑B visa. Federated does not interview or hire students or recent graduates with J‑1 or F‑1 visas or similar temporary work authorization.

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