Property & Casualty (P/C) Senior Actuary
Fox Point Recruitment LLc
Bloomington, IL, USA
6/14/2022
Full Time
Job Description
Job DescriptionJob Description: Property & Casualty (P/C) Senior ActuaryRole Overview
- Job Title: P/C Senior Actuary
- Location: Bloomington, IL (Hybrid: 3 days onsite, 2 days remote)
- Position Type: New Position / Full-Time
- Compensation: USD $110,000 – $150,000 / year + 6% Annual Company Bonus
- Relocation Assistance: Available (Nationwide)
- Visa Sponsorship: Not available / Must be authorized to work in the US
About the Company
Our clent serves nearly one million households with a diverse range of personal and business insurance products, alongside retirement and investment services. The company is a major industry player, yet small enough that your individual contributions will make a visible impact without you getting lost in the shuffle. They prioritize long-term relationships, community strength, and robust career growth for our employees.
Key Responsibilities
- Data Analysis & Modeling: Research and analyze complex datasets to produce rate adjustment proposals, reserve estimates, or economic capital models.
- Regulatory Compliance: Provide crucial actuarial support for filings with state insurance departments; implement new rates and rating plans using established procedures while recommending strategic improvements.
- Strategic Collaboration: Analyze trend data to develop and propose actionable solutions for actuarial and product line management.
- Project Representation: Serve as the core Property/Casualty Actuarial representative on assigned project committees and handle specialized research projects within defined scopes.
- Professional Development: Maintain appropriate Continuing Education credits to uphold credentials and actively pursue advancement within the Casualty Actuarial Society.
Qualifications & RequirementsMust-Haves & Education
- Experience: Minimum of 5+ years of relevant Property/Casualty (P/C) insurance experience (or an equivalent combination of related experience, training, and education).
- Actuarial Credentials: Most successful candidates will have completed the coursework to attain their ACAS (Associate of the Casualty Actuarial Society) credential and be actively working toward their FCAS (Fellow of the Casualty Actuarial Society) designation.
Nice-to-Haves (Preferred)
- Prior Auto and Home pricing experience is highly preferred, though applicants with strong alternative P/C experience will be considered.
Benefits
- Flexible hybrid work schedule (3 days onsite / 2 days work-from-home).
- Comprehensive benefits package including Medical, Dental, Vision, Disability, and Life insurance.
- 401(k) retirement plan with a competitive company match.
- Ongoing opportunities for professional learning, development, and internal career mobility.