Farmers Insurance

Actuarial Analyst

Farmers Insurance

full-time

Posted on:

Origin:  • 🇺🇸 United States • Washington

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Salary

💰 $70,640 - $125,750 per year

Job Level

Junior

Tech Stack

PythonSQL

About the role

  • Prepares actuarial analyses of catastrophe loss development and reserves for declared events, supporting financial reporting and strategic insights.
  • Assists in the training and development of professional actuarial personnel as assigned.
  • Performs special actuarial projects as assigned.
  • Performs calculations for the establishment of IBNR (incurred but not reported) loss reserves for assigned lines of insurance.
  • High visibility position focusing on enterprise-wide catastrophe reserving across Commercial, Personal Lines, and Specialty.
  • Regular communication with outside vendors/services such as Verisk for ISO Declarations and estimates.
  • Performs other functions as assigned.
  • Physical actions and environment: sedentary work, occasional travel by car or airplane.
  • Education: High school diploma or equivalent required; Bachelor's degree preferred and passed three Casualty Actuarial Society exams.

Requirements

  • One year as an Actuarial Assistant.
  • Prior work experience using Python, SQL, or similar tools.
  • Experience with Git or GitHub for version control and collaboration preferred.
  • 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.
  • High school diploma or equivalent required; Bachelor's degree preferred and passed three Casualty Actuarial Society exams.