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Forecasting and Reserving Actuary (Hybrid)

Forecasting and Reserving Actuary (Hybrid)

American Family InsuranceBoston, MA, United States
19 hours ago
Job type
  • Full-time
Job description

The Loss Reserving Actuarial Specialist provides best practice analysis for loss forecasting and reserving for the American Family Enterprise. In this role, you will support the development of models and projections to empower the business to drive effective strategic decision-making. This position reports to the Senior Manager, Actuary. In this hybrid 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. Internal candidates are encouraged to apply and should review the internal mobility guidelines in the hybrid policy reference guide for more information on potential relocation.

Position Compensation Range :

$86,000.00 - $142,000.00

Pay Rate Type : Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

  • You will use actuarial and business knowledge to manage complex actuarial projects as assigned in loss forecasting and reserving.
  • You will leverage expertise in database tools to develop and analyze complex studies of loss experience, trend fits, reserving patterns, and other actuarial calculations.
  • You will use strong knowledge of actuarial analysis and forecasting to participate in the development, implementation and / or maintenance of actuarial related software and models.
  • You will provide consultation and guidance on actuarial models and risk-related issues, influencing team members and management toward actions that significantly impact profitability.
  • You will maintain standard documentation on assigned projects / tasks.
  • You will collaborate with other departments by responding to inquiries and providing explanations on actuarial matters.
  • You may be requested to complete other assignments or participate in projects based upon skills, achievements, or experience.

Specialized Knowledge & Skills Requirements

  • Demonstrated experience providing customer-driven solutions, support, or service.
  • Advanced knowledge and understanding of products, pricing, valuation, financial reporting, and industry trends.
  • 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.
  • In pursuit of Associate or Fellow in Casualty Actuary Society.
  • Travel Requirements

  • Up to 10%.
  • Preferred Skills :

  • Candidates with 1-2 years of Actuary work experience outside of school.
  • Candidates who have passed an Actuarial exam.
  • #LI-Hybrid

    Additional Information

    Offer to selected candidate will be made contingent on the results of applicable background checks

    Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

    Sponsorship will not be considered for this position unless specified in the posting

    Based on candidate qualifications, we are open to hiring at the appropriate level.

    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.

    American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.

    #LI-JM1

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    Forecasting and Reserving Actuary (Hybrid) • Boston, MA, United States