[Remote] Actuarial Analyst
Note: The job is a remote job and is open to candidates in USA. Farmers Insurance is a company dedicated to making a real difference in people’s lives. The Actuarial Analyst will perform pricing and reserving analysis for personal and commercial auto insurance, analyze trends in data, support rate filings, and collaborate with various departments to enhance actuarial functions.
Responsibilities
- Analyze Loss and LAE reserves using actuarial reserving methods for assigned states for personal and commercial auto insurance
- Analyze and recommends revisions in rates and rating plans for assigned states
- Identify and analyzes trends in the data
- Perform actuarial analysis required to support rate filings with regulatory authorities
- Represent the Actuarial Department in discussions with Product, Claims, and IT departments
- Work with IT in coding changes for tools that support actuarial functions
- Support the actuarial team through querying of data using SQL and SAS programming languages
- Automate tasks using VBA
- Perform calculations for actuarial research and studies to support development of new products
- Assist in the training and development of professional actuarial personnel as assigned
- Perform special actuarial projects as assigned
- Perform other functions as assigned
Skills
- High school diploma or equivalent required
- Bachelor's degree preferred with at least a minor in mathematics or other mathematics-related field
- Must have passed at least three Casualty Actuarial Society exams
- One year in an actuarial role
- Experience using SQL, VBA, SAS or other program
- Strong verbal and written communication skills
- Demonstrated ability to secure 'buy-in' and convince others regarding best approach
- Goal oriented team player with a positive attitude
- Excellent time management skills
- Strong relationship building
Benefits
- Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
Company Overview
Company H1B Sponsorship