American Family Insurance · 19 hours ago
Modeling Actuary
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Responsibilities
Leads development of pricing models for new products and rating structures.
Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.
Optimize model capabilities and collaborate with key stakeholders to ensure models are developed to deliver on a broad array of business needs.
Gain a thorough understanding of existing models and lead future model enhancement efforts.
Perform analysis of emerging experience, monitor marketplace and economic trends and review implications.
Support development of a modeling framework.
Builds and tests models and investigates areas for future improvement.
Regularly communicate research findings and analysis to management.
Effectively work with any number of other cross functional/operational areas (e.g. product development, state management, actuarial pricing, IT) on specific initiatives.
Prepare state filing model support and assist on filing objections.
Act as a mentor for less experienced actuaries/data scientists and interns.
May perform other duties as assigned.
Qualification
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Required
Demonstrated experience providing customer-driven solutions, support, or service.
Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
Extensive 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.
Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
Solid knowledge and understanding of profitability, growth and risk concepts.
Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
Demonstrated experience, communicating complex actuarial analysis to business partners.
Advanced knowledge of and demonstrated experience using actuarial software with database tools and statistical tools.
Demonstrated experience with programming languages.
Demonstrated effective communication and problem-solving skills.
Preferred
Preferred proficiency in SQL and Python.
Three or more years of relevant actuarial modeling experience.
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
Company
American Family Insurance
For more than 90 years, American Family Insurance has built its reputation on sound principles.
Funding
Current Stage
Late StageRecent News
2024-04-09
globallegalchronicle.com
2024-01-19
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