Actuarial Specialist

Farm Bureau Financial Services; West Des Moines (IA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

401K match

Health benefits

Paid time off

Onsite wellness facility

Onsite medical clinic

Job summary

Farm Bureau Financial Services in West Des Moines, IA seeks an Actuarial Specialist to become an expert in rating property lines of business. You will acquire and analyze data from multiple sources, applying actuarial concepts to provide insights and conclusions.

The role emphasizes learning and progression toward insurance designations. You will work from our office in West Des Moines, Iowa, with opportunities to support rate indications, rate pages, and experience reviews while building strong

Qualifications

• College degree (including coursework in mathematics), or equivalent, plus 1 year of applicable experience.
• Must have knowledge and working experience with spreadsheets and be able to apply to actuarial related problems.
• Proven decision making and analytical skills, with the ability to analyze and resolve difficult problems.
• Must be a self‑starter who is detail oriented and able to prioritize multiple tasks.
• Programming experience is beneficial, or a desire and willingness to learn programming, such as VBA, Python, or SQL.
• Work from our office in West Des Moines, Iowa.

Responsibilities

• Acquiring and examining data from multiple sources, applying actuarial concepts to analyze data, and providing insight with suggested conclusions.
• Providing technical support for developing rate indications, rate pages, and experience reviews.
• Answering questions and correcting issues related to the rating system.
• Learning to identify unusual data or results and recommending solutions.
• Learning actuarial functions, data sources, and insurance concepts.

Skills

Spreadsheets

Analytical skills

Self-starter

Education

College degree in mathematics

Tools

VBA

Python

SQL

Job description

Actuarial Specialist

Are you a math guru, love to look at spreadsheets and analyze data? Then we may have an opportunity for you! We are looking for a driven, self‐motivated, mathematically focused individual, who is ready and willing to learn new things to ultimately become an expert at rating property lines of business.

Who We Are:

With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership and accountability are at the heart of every decision we make and every action we take. We’re proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.

What You’ll Do:

In this role you will ultimately become an expert at rating property lines of business. Responsibilities include:

• Acquiring and examining data from multiple sources, applying actuarial concepts to analyze data, and providing insight with suggested conclusions.
• Providing technical support for developing rate indications, rate pages, and experience reviews.
• Answering questions and correcting issues related to the rating system.
• Learning to identify unusual data or results and recommending solutions.
• Learning actuarial functions, data sources, and insurance concepts.

**Please note, this is not an actuarial track position. Completion of actuarial exams is not necessary**

What It Takes to Join Our Team:

• College degree (including coursework in mathematics), or equivalent, plus 1 year of applicable experience.
• Must have knowledge and working experience with spreadsheets and be able to apply to actuarial related problems.
• Proven decision making and analytical skills, with the ability to analyze and resolve difficult problems.
• Must be a self‑starter who is detail oriented and able to prioritize multiple tasks.
• Programming experience is beneficial, or a desire and willingness to learn programming, such as VBA, Python, or SQL.
• Strong attention to detail is imperative to success.
• A demonstration of willingness to learn property lines of business through progress toward insurance industry designations.
• Work from our office in West Des Moines, Iowa.

What We Offer You:

When you’re on our team, you get more than a great paycheck.You’ll hear about career development and educational opportunities.We offer an enhanced 401K with a match, low cost health, dental, and vision benefits, and life and disability insurance options.We also offer paid time off, including holidays and volunteer time, smart dress attire and teams who know how to have fun.Add to that an onsite wellness facility with fitness classes and programs, a daycare center, a cafeteria, and even an onsite medical clinic. Farm Bureau....where the grass really IS greener!

Work Authorization/Sponsorship

Applicants must be currently authorized to work in the United States on a full‑time basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not able to sponsor OPT status.