Pricing Actuarial Analyst - Influence Rates & Product Design

Progressive; United States; Remote; USD 74,000 - 99,000; Full time

Benefits offered by this job

401(k) match up to 6%

Medical, dental & vision

Wellness programs

Health savings accounts

Paid time off

P aid & unpaid sick leave

Parental & family leave

Diversity & inclusion culture

Career development & tuition

Onsite gym

Job summary

Progressive is seeking a mid-level pricing actuarial analyst on the Commercial Lines BOP team to apply actuarial concepts for rate adequacy and inform changes to state product design and rate levels. You will collaborate with your team and Product Management to develop recommendations, complete indications, and support the rate revision process.

You will also prepare actuarial support for Department of Insurance filings and respond to related inquiries, contributing to pricing strategy and

Qualifications

• A minimum of four years of analytical work experience.
• Bachelor's degree or higher and a minimum of three years analytical work experience.
• Bachelor's degree or higher in a quantitative field of study and a minimum of one year analytical work experience.
• Minimum of 3 passed actuarial examinations for credentialling according to the Casualty Actuarial Society's Syllabus of Basic Education.

Responsibilities

• Research and apply actuarial concepts to support rate adequacy and inform changes to state product design and rate level.
• Collaborate with your team and the Product Management organization to develop and implement recommendations, complete indications, and support the rate revision process.
• Prepare actuarial support for Department of Insurance filings and respond to related inquiries.

Skills

Power Pivot

R

SAS

SQL

Tableau

Power BI

Excel

Adaptability

Cross-functional

Education

Bachelor's degree or higher in a quantitative field

Job description

Progressive is seeking a mid-level pricing actuarial analyst on the Commercial Lines BOP team to apply actuarial concepts for rate adequacy and inform changes to state product design and rate levels. You will collaborate with your team and Product Management to develop recommendations, complete indications, and support the rate revision process.

You will also prepare actuarial support for Department of Insurance filings and respond to related inquiries, contributing to pricing strategy and