Farmers Insurance

Actuarial Analyst

Farmers Insurance

full-time

Posted on:

Location Type: Hybrid

Location: California, Colorado, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, New York, Ohio, Vermont, Washington • 🇺🇸 United States

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Salary

💰 $75,200 - $120,010 per year

Job Level

Junior

About the role

  • Prepares actuarial analysis of rates and rating plans for assigned lines of insurance
  • Develops and prepares actuarial analysis of rates and rating plans for assigned lines of insurance
  • Prepares correspondence and required exhibits in connection with regulatory filings
  • Assists in the training and development of professional actuarial personnel
  • Performs special actuarial projects as assigned
  • Performs calculations for the establishment of IBNR (incurred but not reported) loss reserves for assigned lines of insurance

Requirements

  • High school diploma or equivalent required
  • Bachelor’s degree preferred with at least a minor in mathematics
  • Passed three Casualty Actuarial Society exams
  • One year as an Actuarial Assistant preferred
  • Commercial Insurance preferred but not required
Benefits
  • Competitive salary commensurate with experience, qualifications and location
  • 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
actuarial analysisIBNR calculationsrate preparationrating plansregulatory filingsactuarial projectsmathematics
Soft skills
trainingdevelopmentcommunication
Certifications
Casualty Actuarial Society exams
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