
Senior Manager, Actuary
American Family Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Madison • Massachusetts • Wisconsin • United States
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Salary
💰 $150,000 - $255,000 per year
Job Level
About the role
- Lead a team that supports the on-leveling of personal lines insurance premiums.
- Build reports based on re-rated premium data to help assess rating plan performance.
- Build data pipelines and processes to support the analysis of loss cost models provided by modeling partners.
- Report to a director, actuary.
- Create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion.
- Work with team members to set clear goals, provide feedback, perform performance assessments, and support on-going development.
- Actively contribute to division or department leadership team.
- Communicate and support organization mission, vision, values, policies, and practices.
- Oversee the use of various predictive modeling tools to produce various analysis and insights.
- Manage and oversee on-going product and model maintenance.
- Provide input and expert advice to help establish the pricing strategy for the line of business; assist in the communication of pricing strategies to business partners.
- Oversee product pricing development (from model development through business rule development).
- Manage and oversee rate making process (indication development, rate methodology, rate plan review, rate implementation).
- Manage the relationship with core business partners and assist prioritization of pricing efforts across states and regions.
- Develop and book the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis in accordance with actuarial standards of practice.
Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Demonstrated experience communicating complex data to multiple business partners.
- Demonstrated experience in public speaking and use of appropriate presentation skills.
- Solid knowledge and understanding of property and casualty products, pricing, rates, and industry trends.
- Solid knowledge, understanding and demonstrated experience performing statistical/actuarial analysis and data forecasting, reserving, and modeling techniques.
- Demonstrated effective leadership experience.
- Solid knowledge of insurance industry, its market, competitors, regulatory constraints, judicial climate, and consumer activism.
- Associate or Fellow in the Casualty Actuary Society (ACAS or FCAS).
- Solid knowledge of Python, SQL, and BI tools
Benefits
- comprehensive medical, dental, vision and wellbeing benefits
- competitive 401(k) contribution
- pension plan
- annual incentive
- 9 paid holidays
- paid time off program (23 days accrued annually for full-time employees)
- student loan repayment program
- paid-family leave
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
statistical analysisactuarial analysisdata forecastingmodeling techniquespricing strategyrate making processdata pipelinesreport buildingPythonSQL
Soft Skills
leadershipcommunicationcollaborationtrust buildingtransparencyinclusiongoal settingfeedback provisionperformance assessmentpublic speaking
Certifications
Associate in the Casualty Actuary Society (ACAS)Fellow in the Casualty Actuary Society (FCAS)