Senior P&C Actuarial Specialist (Hybrid)

This role is part of the Actuarial Data & Tools team in the enterprise product area. The Actuarial Data & Tools team is responsible for developing and operationalizing advanced pricing platforms, methodologies, and processes to support the Auto, Property, and Commercial pricing teams. As a member of this team, you will design and develop new processes and tools which require technical skills in Python and SQL along with database management. You will maintain and update the pricing platform used by the pricing actuaries for their rate revision work throughout the United States. You will work on the creation of new actuarial tools and processes using newer technologies by collaborating with other teams to satisfy business needs.

You will report to the Director, Actuary.

Relocation assistance may be provided.

Based on experience, candidates can be considered at different levels.

LI# Hybrid

Position Compensation Range:

$88,000.00 - $145,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

• You will create, maintain, and improve upon existing data parsing scripts.
• You will complete and enhance data validation processes to deliver pricing datasets.
• You will lead pricing on data efforts including dataset development and consultation on data and analytical development.
• You will contribute to recommendations and revisions to ratemaking methodologies.
• You will explore new actuarial concepts, statistical models, and data sources to deliver innovative solutions for the business.
• You will assist with the development of the pricing and rating structure of new products.
• You will assist with the development of classification ratemaking methodologies and models

Specialized Knowledge, Skills, and Education Requirements

• Demonstrated experience providing customer-driven solutions, support, or service.

• Advanced knowledge and understanding of property & casualty products, pricing, valuation, financial reporting, and industry trends.

• Demonstrated experience, communicating complex actuarial analysis to business partners.

• Advanced knowledge of and demonstrated experience using actuarial software with database tools and statistical tools.

• Demonstrated experience with programming languages.

• Demonstrated effective communication and problem-solving skills.

• In pursuit of Associate or Fellow in Casualty Actuary Society.

Preferred Qualifications:

• Coding proficiency in SQL, R, Python, VBA, or other related languages.
• At least one (1) CAS/SOA exam completed with the intent to complete more.
• Solid knowledge and understanding of property and casualty products, pricing, rates and industry trends.
• Solid knowledge and understanding of underwriting guidelines and concepts.
• Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.

In this flex office/home role, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110.

Travel Requirements

• Up to 10%

Licenses

• Not applicable.

Physical Requirements

• Work that primarily involves sitting/standing.

Additional Information

• Offer to selected candidate will be made contingent on the results of applicable background checks

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

• Sponsorship will not be considered for this position unless specified in the posting

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [email protected] to request a reasonable accommodation.

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