What are the responsibilities and job description for the Actuarial Analyst I position at Farm Family?
Company
Farm FamilyFarm Family specializes in farm and ranch protection with a wide range of products including flexible farm packages, business owner policies, commercial package, workers compensation, commercial auto and select personal auto coverage. Farm Family is a leader in serving the Northeast and Mid-Atlantic markets and is pursuing growth across the U.S. The Farm Family entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.
Job Description
The Actuarial Analyst I position is for entry-level actuarial students . The responsibilities of this position primarily involve learning to perform and communicate complex actuarial analyses such as actuarial exhibits, pricing, loss reserving, financial planning, modeling, other data analyses and other tasks as assigned . This position supports the core actuarial functions ( i.e. pricing, reserving, modeling, etc.) responsible for ensuring profitability, growth, and the financial strength of the organization . Significant management oversight, review, and guidance will be required .
This is a 100% in -office position. Candidates must be able to work on-site at a designated company office during standard business hours.
Essential Respons ibilities :
Learns fundamental actuarial principles which the Actuarial Analyst I applies in analyzing company and industry data to prepare actuarial analyses, in accordance with the “CAS code of Professional Conduct” and the Actuarial Standards of Practice.
Prepares summaries of actuarial analyses for distribution to Home Office and Field management, other American National departments, consultants, reinsurers, and regulators.
Learns processes and begins to perform and document actuarial analyses promptly and accurately.
Learns and begins to use spreadsheets, databases, and sources of data used in actuarial analyses.
Prepares for and progresses in the CAS examinations through on-the-job and home study.
Qualifications / Experience Required:
A Bachelor’s degree in mathematics , statistics, economics, or a related field with a strong mathematical background is required .
No experience required .
Supervisory/management experience not required .
Preferred Qualifications:
Completion of 100 exam points is preferred.
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location.
- Albany and Chicago Pay Range: $70,000 - $90,000
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
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Benefits and Compensation
We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.
Salary : $70,000 - $90,000