P/C Actuarial Analyst

$90,000 - $125,000/Yr

The Recruiting Group - Bloomington, IL

posted about 1 month ago

Full-time - Entry Level
Bloomington, IL
Administrative and Support Services

About the position

The P/C Actuarial Analyst position is a hybrid role based in Bloomington, IL, focusing on analyzing data and trends to determine pricing for various insurance products, including personal, agribusiness, and commercial lines. The role involves working within the Property/Casualty Actuarial Division, contributing to the development of sophisticated rating plans and methodologies. The company provides support for actuarial exams, promoting career development and progression towards becoming a designated actuary.

Responsibilities

  • Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates, or economic capital models.
  • Provides actuarial support for filings with state insurance departments and implements new rates and rating plans, recommending changes where appropriate.
  • Analyzes data to develop and propose solutions for actuarial or product line management.
  • Pursues a Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level and maintains appropriate Continuing Education credit.
  • Researches and analyzes data for special projects within a defined scope and serves as Property/Casualty Actuarial representative for project committees as assigned.

Requirements

  • Minimum 2 years actuarial experience, preferably in commercial lines.
  • Completion of at least 3 actuarial exams.
  • Intermediate/Advanced skills in Microsoft Office Suite and basic/intermediate programming skills.
  • Typically requires 4 years of relevant experience or a combination of related experience, education, and training.

Nice-to-haves

  • Completion of 4-5 actuarial exams.
  • Experience in pricing/actuarial problem-solving.

Benefits

  • Full benefits package
  • Signing bonus
  • Paid relocation assistance
  • Bonus opportunities
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