Actuarial Associate II

Society Insurance Company; Fond du Lac (WI); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Bonus plan

401(k) retirement plan

Telecommuting options

Education reimbursement

Wellness programs

Job summary

Society Insurance is seeking an Actuarial Associate II to join our team near Fond du Lac, WI. You will work on ratemaking, reserving, and modeling analyses, collaborating across underwriting, claims, finance, and leadership to drive informed business decisions.

The role emphasizes data-driven insights, continuous learning, and a path toward associateship while supporting flexible remote/hybrid schedules and occasional in-person meetings at our home office.

Qualifications

• Bachelor’s degree in math, statistics, economics, or related field.
• 2 years actuarial work experience (OR) 5 years actuarial work experience.
• Completion of at least four actuarial exams.
• Strong proficiency in Excel and Database.
• Highly motivated and ability to work independently.

Responsibilities

• Utilizes data to prepare ratemaking, reserving, and modeling analyses.
• Develops data and reports for special projects.
• Maintains, enhances, and develops templates for ratemaking, reserving, and modeling.
• Provides analysis of ratemaking, reserving, modeling, and special projects.

Skills

Actuarial analysis

Excel

Database

Ratemaking

Reserving

Modeling

CAS exams

Education

Bachelor's degree in math, statistics, economics, or related field

Tools

Excel

Database

Job description

Home Office or Telecommuting Opportunities

This position offers flexible remote/hybrid work scheduling, with occasional in-person meetings at our home office. Ideal candidates will be located within a commutable distance of the greater Fond du Lac, WI area. To learn more, visit us at: https://societyinsurance.com/

Overview

Protecting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking an experienced Actuarial Associate II to join our team. Join a commercial lines insurance company where your analytical skills can help shape smart, strategic decisions that support long-term success. As an Actuarial Associate, you’ll gain hands-on experience working with data, pricing, reserving, and risk analysis while collaborating with knowledgeable professionals across underwriting, claims, finance, and leadership. This is an excellent opportunity for someone who enjoys solving complex problems, uncovering meaningful insights, and growing their actuarial career in a supportive, business-focused environment where curiosity, precision, and continuous learning are valued.

About the Role

• Utilizes and verifies data provided by Information Technology to prepare ratemaking, reserving, and modeling analysis.
• Develops data and reports for special projects.
• Maintains, enhances, and develops templates used for ratemaking, reserving, and modeling.
• Maintains clear and concise documentation of ratemaking, reserving, and modeling methods and activities.
• Provides analysis of ratemaking, reserving, modeling, and special projects.
• Passes one CAS exam per year unless Associateship has already been achieved.

About You

• You enjoy using logic and analysis to solve problems and can quickly learn new technical skills.
• You enjoy divergent thinking and the propensity to question existing practices.
• You are an excellent listener and easily builds rapport.
• You are a self-starter, manages multiple responsibilities, and adheres to time-sensitive tasks.
• You enjoy learning business acumen.
• You are quality focused and manages the efficiency, accuracy, and integrity of your work.

What it Will Take

• Bachelor’s degree in math, statistics, economics, or related field and 2 years of actuarial work experience (OR) 5 years of actuarial work experience.
• Strong proficiency in Excel and Database.
• Completion of at least four actuarial exams.
• Highly motivated and ability to work independently.
• 5+ years of experience in property/casualty insurance highly desirable

What Society Can Offer

• Comprehensive Benefits Package: Salary with bonus plan; health, dental, life, and vision insurance
• Retirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
• Work-Life Balance: Company-paid holidays; flexible scheduling; PTO; telecommuting options
• Education: Career Coaching; company-paid courses; student loan and tuition reimbursement
• Wellness: Employee Assistance Program; wellness initiatives/rewards; health coaching; and more

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans with Disabilities Act and applicable state and local laws. Society Insurance is a drug-free workplace.