Lead Actuary (Hybrid)

In this role you are going to work on the property pricing team. You will provide the highest level of expert analysis, consulting and work on projects related to insurance pricing. You will provide consultation and develop or lead the development of models and projections. In this role, you will also be responsible for rate filings.

In this hybrid, 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.

Internal candidates are encouraged to apply and should review the internal mobility guidelines in the hybrid policy reference guide for more information on potential relocation.


#LI-Hybrid

Position Compensation Range:

$131,000.00 - $220,000.00

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
• Provides consultation and develops or leads the development of models and projections to enable new start-up organizations.
• Provide actuarial expertise and consultation on the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance Leads development of pricing for new products and rating structures.
• Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.
• Monitors industry and competitor trends to determine potential impact to actuarial strategies and solutions.
• Leads projects and/or develops staff.

Specialized Knowledge & Skills Requirements:
• Demonstrated experience providing customer-driven solutions, support, or service.
• Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
• Extensive 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.
• Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
• Solid knowledge and understanding of profitability, growth and risk concepts.
• Fellow in Casualty Actuary Society (FCAS).

Preferred Qualifications:

• Experience with rate filing
• Experience with bring on new products or modeling improvements
• 5 years of work experience

Travel Requirements
• Up to 10%.

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 AskHR@AmFam.com to request a reasonable accommodation.

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