PC Reserving Actuary

COUNTRY Financial; Bloomington (IL); On-site; USD 92,000 - 126,000; Full time

Job summary

COUNTRY Financial is seeking an Actuarial Reserving Analyst to support monthly storm reserve analysis and quarterly reserve analyses across all lines. You will perform deep-dive actuarial analyses, interpret loss trends, and partner with Claims and Finance to refine methodologies.

This role is part of the actuarial exam program with dedicated study time. The base pay range is $91,600–$125,950 and eligible for a Short-Term Incentive plan.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.
• 3+ years of P&C actuarial experience.
• Successful progress toward ACAS (3–6 exams preferred)

Responsibilities

• Develops and maintains spreadsheet, database and reserving software files for reserve analyses.
• Inputs reserves to the general ledger. Verifies and monitors account balances.
• Uses data query programs to obtain data from company data sources. Reviews data for accuracy and reasonableness.
• Conducts loss and loss adjustment reserve analyses, according to financial reporting requirements.
• Communicates results to direct management and/or company management, verbally, in writing, or in presentation form.

Skills

P&C actuarial experience

ACAS progress (3–6 exams)

Data analysis

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field

Tools

SQL

Data query software

Job description

Experience more with a career at COUNTRY Financial!We’re excited you’re interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients.About the roleThe Actuarial Reserving Analyst supports monthly storm reserve analysis, quarterly reserve analyses across all lines, loss development studies, and advanced research across multiple P&C lines. This role performs deep-dive actuarial analyses, interprets emerging loss trends, partners closely with Claims and Finance, and contributes to the refinement of methodologies and assumptions. The position is part of the actuarial exam program and includes dedicated study time.How does this role make an impact?- Develops and maintains spreadsheet, database and reserving software files for reserve analyses. - Inputs reserves to the general ledger. Verifies and monitors account balances. - Uses data query programs to obtain data from company data sources. Reviews data for accuracy and reasonableness. - Conducts loss and loss adjustment reserve analyses, according to financial reporting requirements. - Communicates results to direct management and/or company management, verbally, in writing, or in presentation form.Do you have what we're looking for?Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.3+ years of P&C actuarial experience.Successful progress toward ACAS (3–6 exams preferred)Base Pay Range:$91,600-$125,950The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.Incentive Pay:In addition to base salary, this position is eligible for a Short-Term Incentive plan.Why work with us?Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We’re a big company, yet small enough you can make an impact and won’t get lost in the shuffle. You’ll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.Come join our team at COUNTRY today!