Actuarial Analyst

Confidential - Bloomington, IL

Full-time - Entry Level

Remote - Bloomington, IL

About the position

The P/C Actuarial Analyst position is located in Bloomington, IL, within the Property/Casualty Actuarial Division. This role focuses on analyzing data and trends to determine pricing for various product offerings, including personal, agribusiness, and commercial lines. The analyst will work within a dynamic team to enhance rating plans and methodologies, while also receiving support for actuarial exams to aid in career development.

Responsibilities

• Research and analyze various types of data to produce rate adjustment proposals, reserve estimates, or economic capital models.
• Provide actuarial support for filings with state insurance departments.
• Implement new rates and rating plans, recommending changes where appropriate.
• Analyze data to develop and propose solutions for actuarial or product line management.
• Pursue a Casualty Actuarial Society designation, at least through Associate of the Casualty Actuarial Society (ACAS) level.
• Maintain appropriate Continuing Education credit to uphold Actuarial credentials.
• Research and analyze data for special projects within a defined scope.
• Serve as Property/Casualty Actuarial representative for project committees as assigned.

Requirements

• Demonstrated ability to solve basic to intermediate pricing/actuarial problems.
• Intermediate/Advanced skills using Microsoft Office Suite.
• Basic/intermediate programming skills.
• Completion of 3 - 5 actuarial exams/online courses.
• Typically requires 4 years of relevant experience or a combination of related experience, education, and training.

Benefits

• Company provided actuarial exam support to ensure progress towards becoming a designated actuary.
• Career development opportunities through exposure to various computational and product/business challenges.