Farmers Insurance

Actuarial Analyst

Farmers Insurance

full-time

Posted on:

Location Type: Remote

Location: ConnecticutMissouriUnited States

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Salary

💰 $78,800 - $99,800 per year

Job Level

Tech Stack

About the role

  • 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.

Requirements

  • 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.
  • Goal oriented team player with a positive attitude.
  • Excellent time management skills.
  • Strong relationship building.
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 & Tools
actuarial reserving methodsdata analysisrate revisionsactuarial analysiscalculations for actuarial researchautomation using VBAprogramming in SQLprogramming in SAS
Soft Skills
verbal communicationwritten communicationgoal orientedteam playerpositive attitudetime managementrelationship building
Certifications
Casualty Actuarial Society exams