Principal Actuary
| Company | American Family Insurance Group |
|---|---|
| Location | Madison, WI, USA, Boston, MA, USA, Eden Prairie, MN, USA, Phoenix, AZ, USA, Denver, CO, USA, Brattleboro, VT, USA |
| Salary | $111000 – $190000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 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).
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.
Preferred Qualifications
- 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. Preferred proficiency in SQL and Python.
- Familiarity with version control for software development.
- Demonstrated effective communication and problem-solving skills.
- Three or more years of relevant actuarial modeling experience.