Actuary jobs in Eden Prairie, MN

Position Compensation Range :

$95,000.00 - $161,000.00

Pay Rate Type : Salary

Salary

Compensation may vary based on the job level and your geographic work location.

You will be part of the Rate Filing team and will work closely with other actuaries to review and enhance the indication process of our commercial and specialty products.

Your primary responsibility will be to provide rate filings to the Product Manager who is responsible for the performance of these states.

You will report to the Senior Manager, Actuary.

Primary Accountabilities

• You will provide technical background in support of rate filings with State Insurance departments; responds to and resolves regulatory questions.
• You will contribute to recommendations and significant revisions to one or more actuarial methodologies related to insurance pricing, ratemaking, loss reserving, modeling or reinsurance.
• You will develop relationships with core business partners and provide insights and solutions to address specific business concerns.
• You will explore new concepts statistical models, and data sources to deliver innovative solutions for the business.
• You will represent pricing on various data efforts including dataset development and consultation on data and analytical development.
• You will monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.

Qualifications

• 2 years of experience performing statistical / actuarial analysis and data forecasting and modeling techniques.
• 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.
• Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
• Completion or near completion of Associate Casualty Actuary Society (ACAS) required -
• FCAS preferred
• In this flex office / home role, you will be expected to work a minimum of 10 days per month from one of the following office locations : Madison, WI 53783;

Boston, MA 02110; Chicago, IL 60601*; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

LI-Hybrid

We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees).

In addition, our student loan repayment program and paid-family leave are available to support our employees and their families.

Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity.

We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

LI-RS1

Last updated : 2024-04-24