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Role Description

In this position, you will be a part of a team that performs both pricing and reserving analysis for Bristol West Insurance, a high-performing business unit within Farmers Insurance Group focusing on personal and commercial auto insurance. The role offers a unique opportunity to perform both rate indications and reserving analyses for assigned states and to better appreciate how the two relate to the overall performance of the business.

What you'll accomplish:

• Analyze Loss and LAE reserves using actuarial reserving methods for assigned states for personal and commercial auto insurance.
• Analyze and recommend revisions in rates and rating plans for assigned states.
• Identify and analyze trends in the data.
• Perform actuarial analysis required to support rate filings with regulatory authorities.
• Represent the Actuarial Department in discussions with Product, Claims, and IT departments.
• Work with IT in coding changes for tools that support actuarial functions.
• Support the actuarial team through querying of data using SQL and SAS programming languages.
• Automate tasks using VBA.
• Perform calculations for actuarial research and studies to support development of new products.
• Assist in the training and development of professional actuarial personnel as assigned.
• Perform special actuarial projects as assigned.
• Perform other functions as assigned.

Qualifications

• High school diploma or equivalent required.
• Bachelor’s degree preferred with at least a minor in mathematics or other mathematics-related field.
• Must have passed at least three Casualty Actuarial Society exams.
• Continue educational development in related job field.

Requirements

• One year in an actuarial role.
• Experience using SQL, VBA, SAS or other programming languages.
• 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 skills.

Benefits

• Competitive salary commensurate with experience, qualifications, and location.
• Salary range will depend on candidate location: likely range is $78,800-99,800.
• Bonus Opportunity (based on Company and Individual Performance).
• 401(k).
• Medical.
• Dental.
• Vision.
• Health Savings and Flexible Spending Accounts.
• Life Insurance.
• Paid Time Off.
• Paid Parental Leave.
• Tuition Assistance.