Actuary - Personal Auto, Ratemaking (open to remote)

Job description

At American Family Insurance, we believe people are an organization's most valuable asset, and their ideas and experiences matter. From our CEO to our agency force, we're committed to growing a diverse and inclusive culture that empowers innovation that will inspire, protect, and restore our customers' dreams in ways never imagined. American Family Insurance is driven by our customers and employees. That's why we provide more than just a job we provide opportunity. Whether you're already part of our team in search of a new challenge or new to our company and ready for what's next, you're in the right place. Every dream is a journey that starts with a single step. Start your journey right here. Join our team. Bring your dreams: Job ID: R25552 Actuary - Personal Auto, Ratemaking (open to remote) (Open). Compensation may vary based on the job level and your geographic work location. Compensation Minimum:$101,500. Compensation Maximum:$162,500. Summary: Job Family Summary Provides analysis for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. Builds models and projections to enable the business to generate consistent and sound prices Builds forecasts and models for incurred losses and loss adjustment expense (LAE), CAT and investment risks, and reinsurance for the annual Profit & Growth plan. Most roles require actuarial background and/or pursuing the accredited Actuarial designation. Job Summary A credentialed Actuary that contributes to the development and significant revisions to ratemaking methodologies, loss and LAE forecast models. Develops and implements statistical models and conducts other advanced actuarial analysis. Job Description: Job Level Summary: Requires specialized depth and/or breadth of expertise in own job discipline or field. Leads others to solve complex problems. Works independently, with guidance in only the most complex situations. May lead functional teams or projects. Primary Accountabilities: Contributes to recommendations and significant revisions to ratemaking methodologies. Contributes to rate indication development. Facilitate the rate review process and contributes to the pricing committee meetings to support the pricing strategy. Develops relationship with core business partners and provide insights and solutions to address specific business concerns. Explores new concepts statistical models, and data sources to deliver innovative solutions for the business. Assist with the development of pricing for new products and rating structures. Represents Pricing on various data efforts including dataset development and consultation on data and analytical development. Assist with development of classification ratemaking methodologies and models. Monitors industry and competitor trends to determine potential impact to Actuarial strategies and solutions. Travel Requirements: This position requires travel up to 5% of the time. Education & Licenses: Must have obtained the Associate designation. Bachelor's Degree in Math, Actuarial Science, Statistics or other related quantitative discipline or equivalent experience / education. Specialized Knowledge & Skills Requirements: Demonstrated experience providing customer-driven solutions, support or service. Demonstrated experience communicating complex data to multiple business partners. Extensive knowledge and understanding of underwriting guidelines and concepts and the impact to rates. Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends. Extensive knowledge, understanding and demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques: Additional Job Information: We are open to hiring candidates to work remotely (anywhere in the USA). Preference will be given to candidates with: Prior auto rate proposal and filing experience. Strong technical/programming skills (Python, SQL, Visual Basic, etc.). Demonstrated experience in successfully managing multiple priorities and projects with stakeholders across multiple departments. Demonstrated experience mentoring or training new or more junior staff. Demonstrated experience in communicating technical work to non-technical audiences. 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. Our policy restricts consideration of applicants needing employment sponsorship (visas) to specialty occupations. Sponsorship will not be considered for this position. #LI-Remote. When you work at American Family you can expect 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, and a paid-time off program. 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 Enterprise benefits. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Stay connected: Join Our Enterprise Talent Community !. LI:DB1