We’re seeking an Associate Actuarial Analyst to join our Property & Casualty Actuarial team to develop analytics and predictive modeling solutions that inform business decisions. You’ll partner with actuarial and data/analytics colleagues to explore data, perform actuarial analyses, and help build and refine statistical and machine learning models (GLM/GBM preferred) supporting pricing, reserving, and other objectives. You’ll expand your Python-based analytics skills and strengthen your ability to translate results into clear business insights.
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Role NOT eligible for sponsorship.
Position Compensation Range:
$62,000.00 - $103,000.00
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
- Support pricing, reserving, and product analytics projects under guidance of senior actuaries/modelers.
- Extract, validate, and prepare internal data; perform QA and document assumptions/limitations.
- Conduct exploratory analyses to identify trends, relationships, and insights.
- Assist with predictive modeling (GLM/GBM): feature development, testing, refinement, and performance monitoring.
- Build repeatable workflows for data prep, modeling, and validation using Python and/or actuarial tools.
- Create documentation and summary deliverables to support governance and knowledge sharing.
- Communicate findings clearly to business partners; escalate risks/questions as needed.
- Apply industry best practices and internal modeling standards.
- Contribute to additional projects based on business needs and development goals.
Specialized Knowledge & Skills Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Basic knowledge and understanding of property and casualty products, pricing, rates and industry trends.
- Basic knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
- Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
- Basic knowledge and understanding of forecasting and statistical analysis and modeling.
- Pursuing Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
Preferred Qualifications:
- Experience (academic, internship, or professional) applying statistical methods to real-world datasets; exposure to GLM and/or tree-based methods (GBM) preferred.
- Working knowledge of Python (preferred) or another programming language; ability to write readable, maintainable code for analysis.
- Familiarity with common data tools (e.g., SQL, spreadsheets, database tools) and the ability to learn internal systems quickly.
- Ability to communicate technical findings to non-technical audiences with guidance and feedback.
Licenses
Travel Requirements
Physical Requirements
- Work that primarily involves sitting/standing.
Working Conditions
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
In this hybrid role you will be expected to work a minimum of 10 days per month out of either our Madison, WI or Boston, MA offices.
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 AskHR@AmFam.com to request a reasonable accommodation.
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