COUNTRY Financial has two Actuarial Analyst opportunities within the Property/Casualty Actuarial Division. One role will focus on analyzing data and trends for purposes of determining pricing for our agribusiness and commercial lines product offerings and the other will focus on our home and auto product offerings. Be part of a dynamic team and experience the evolving new product management structure and the ever increasing sophistication of our rating plans and methodologies. Your actuarial work will expose you to an array of computational and product/business challenges through a continually changing set of assignments. Company provided actuarial exam support will help ensure progress towards becoming a designated actuary and bolster career development opportunities.
The person in this role develops basic to very complex actuarial formulas leading to the recommendation of extensive and impactful strategies. Provides consultation and clarification on actuarial models and risk issues, and influences management towards courses of action that have potentially sizeable impact on products, markets, underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad, large and complex initiatives. May specialize in reserve analysis for loss or loss adjustment expenses or other company liabilities, economic capital modeling, pricing/product development including determining rating and pricing structures and premiums, and/or the origination and evaluation of rate structures for new product ideas, which are complex and strategic. In addition, supports research in the development in actuarial techniques, standards, and assumptions, and in the legal and regulatory environment. When involved in PC pricing, supports Product Line Directors in determining the product line's premium rates and pricing structures, profit forecasts, and other product line actuarial determinations.
Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; and/or to implement new rates and rating plans, using existing procedures, recommending changes where appropriate.
Analyzes data towards developing and proposing solutions for actuarial issues.
Pursues a Casualty Actuarial Society designation at least through ACAS level. Maintains appropriate Continuing Education credit to maintain Actuarial credentials.
Researches and analyzes data for special projects within a defined scope. Serves as Property/Casualty Actuarial representative for project committees as assigned.
3 years Commercial and/or Agribusiness pricing experience (Commercial and Agribusiness position only)
3 years Personal Lines (Auto and/or Homeowners) pricing experience (Personal Lines position only)
5 actuarial exams completed
Experience with Property/Casualty rate level indication process
Demonstrated ability solving intermediate level actuarial/pricing problems
Computer skills including Intermediate/Advanced skills using Microsoft Office Suite and basic/intermediate programming skills
Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field of study.
At least 2 years of actuarial student or related experience
OR, Master's degree in Actuarial Science, Mathematics, Statistics or related field of study experience
Normal office environment.
Work may extend beyond normal business hours as business needs dictate.
For more details about careers at COUNTRY Financial, please visit us online at www.countryfinancial.com/careers
COUNTRY Financial does not generally sponsor individuals for employment-based visas for this position.