American Family Insurance

Associate Actuarial Analyst – Predictive Modeling

American Family Insurance

full-time

Posted on:

Location Type: Hybrid

Location: MadisonMassachusettsWisconsinUnited States

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Salary

💰 $62,000 - $103,000 per year

Tech Stack

About the role

  • Support pricing, reserving, and product analytics projects under guidance of senior actuaries/modelers
  • Extract, validate, and prepare internal data; perform QA and document assumptions/limitations
  • Conduct exploratory analyses to identify trends, relationships, and insights
  • Assist with predictive modeling (GLM/GBM): feature development, testing, refinement, and performance monitoring
  • Build repeatable workflows for data prep, modeling, and validation using Python and/or actuarial tools
  • Create documentation and summary deliverables to support governance and knowledge sharing
  • Communicate findings clearly to business partners; escalate risks/questions as needed
  • Apply industry best practices and internal modeling standards
  • Contribute to additional projects based on business needs and development goals

Requirements

  • Demonstrated experience providing customer-driven solutions, support, or service
  • Basic knowledge and understanding of property and casualty products, pricing, rates and industry trends
  • Basic knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty
  • Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques
  • Basic knowledge and understanding of forecasting and statistical analysis and modeling
  • Pursuing Associate or Fellow in Casualty Actuary Society (ACAS or FCAS)
  • Experience (academic, internship, or professional) applying statistical methods to real-world datasets; exposure to GLM and/or tree-based methods (GBM) preferred
  • Working knowledge of Python (preferred) or another programming language; ability to write readable, maintainable code for analysis
  • Familiarity with common data tools (e.g., SQL, spreadsheets, database tools) and the ability to learn internal systems quickly
  • Ability to communicate technical findings to non-technical audiences with guidance and feedback
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
predictive modelingstatistical analysisdata forecastingGLMGBMdata validationdata preparationfeature developmentperformance monitoringactuarial analysis
Soft Skills
customer-driven solutionscommunicationproblem-solvingcollaborationdocumentationgovernanceknowledge sharingrisk managementanalytical thinkingadaptability
Certifications
Associate in Casualty Actuary Society (ACAS)Fellow in Casualty Actuary Society (FCAS)