The salary range for this job posting is $53,787.00 - $120,899.00 annually bonus benefits The above represents the salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, education, experience, and other job-related factors. Your recruiter can share more information about the specific salary range during the hiring process. Encova Insurance has an immediate opening for an actuarial analyst II for our Columbus, Ohio location. This role will have the option to work a hybrid schedule with days in office each week. In this role, you will report to an assistant vice president, product actuarial. JOB OBJECTIVE: The Product Actuarial Analyst II will be responsible for pricing property and casualty insurance products with a focus on rate indications and profitability improvements. Partner with business profit centers to support profitable growth goals and strategies. Design and implement improvements to methodologies and processes. Duties will be performed independently with minimal guidance from the manager. ESSENTIAL FUNCTIONS: Develop rate indications following standard actuarial practices. Review specific components of rating plans using internal profitability data and competitive analysis. Calculate impacts of proposed rate, rule, and form changes. Prepare rate filings and work with state insurance departments as needed to gain regulatory approval. Track changes made by ISO and the Workers Comp rating bureaus. Present findings, predicted outcomes or implications, and recommendations to business partners. Support maintenance and development of actuarial pricing models. Provide clear documentation as part of governance processes. Design and implement actuarial methodology or process changes, to meet division needs. OTHER FUNCTIONS: Ad hoc analyses or reporting to support business partners and provide actuarial background on financial results. Mentor and train newer Technicians and Analysts. Perform other duties as assigned. KNOWLEDGE, SKILLS AND ABILITIES: A B.A. or B.S. degree is required, with preference given to majors in mathematics, statistics, or actuarial science. A minimum of three years of actuarial experience is preferred. A minimum of three actuarial exams, with commitment to ongoing pursuit of actuarial credentials from the Casualty Actuarial Society, is preferred. Expert level spreadsheet (Excel) skills. Programming experience preferred (SAS, SQL, R, Python). Strong analytical and problem-solving skills. Strong communication skills to relay complex technical material to a variety of audiences. Strong knowledge of rate indications methodology and rating plans for assigned products. Commercial lines and Guidewire experience is preferred. This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons. Ready to join our team? At Encova Insurance, we firmly believe that our associates drive our company’s success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating and financially rewarding opportunities. Join us to discover a work experience where your diverse ideas will be met with enthusiasm – where you can learn and grow to your fullest potential. What you can expect from us Join our family of industry leaders, and let us reward you with a competitive salary, bonus and benefits package that includes but is not limited to: a 401(k), wellness programs, bonus incentive plans and flexible schedules, with an early close of the office every Friday. Additionally, Encova aspires to be an outstanding corporate citizen in all the markets we serve; we encourage and support associate participation in community initiatives through our foundations. Encova Insurance is an EOE/E-Verify employer. We are providers of peace of mind Encova Insurance is built on a simple philosophy of delivering unparalleled service to our agents, policyholders and associates. Our dedication to service is matched only by our commitment to being a financially sound enterprise that will be there for our customers when they need us most. Encova combines the benefits of a national company with those of a community-based brick and mortar through our Main Street values and our trusted relationship with our independent agents. Dedicated to success Encova stands on the quality and training of our people. The initiative, innovation, problem-solving skills and abilities of our associates contribute to our continued growth and success. By recruiting exceptional people, we have formed a positive work environment that will stimulate, challenge and reward you. We recognize the individual performance of our associates with a progressive salary program and our generous benefits package that includes but is not limited to: a competitive 401(k) company match, wellness programs, bonus incentive plans and flexible schedules, with an early close of the office every Friday. Unique residence requirements are listed in each job posting, please review closely for details. Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Please see our current footprint above. Don't see the dream job you are looking for? Drop your name, email, phone number, and resume here.