P&C Actuary, REMOTE

<strong>AF Group (Lansing, Mich.) and its subsidiaries are a premier provider of innovative insurance solutions. Insurance policies may be issued by any of the following companies within AF Group: Accident Fund Insurance Company of America, Accident Fund National Insurance Company, Accident Fund General Insurance Company, United Wisconsin Insurance Company, Third Coast Insurance Company, or CompWest Insurance Company.</strong>

United States, USA

AF Group

<p class="p1"><strong>AF Group&rsquo;s focused and passionate team uses industry-leading best practices, analytics and resources to manage risk and minimize loss for our policyholders while strengthening businesses with our valued independent agent partners.</strong></p> <p class="p1"><strong>We strive to continuously increase the long-term value of our organization by outperforming our industry peers and fostering a culture of underwriting and claims excellence.</strong></p> https://www.afgroup.com/

keywords: job description,compensation,process,analysis,performance,education & experience,initiative,skills

Non-Manager

Competitive Compensation and Benefits Package

Overview: <p><strong>Opportunity for a P&amp;C Actuary.&nbsp;<br /></strong><br /><strong>May work Remotely. Must reside within the U.S.&nbsp;<br /><br /></strong></p> <p>This position is responsible for performing advanced actuarial analyses, designing and preparing exhibits, developing appropriate recommendations, and communicating with business partners and senior management. Mentors and trains actuarial analysts.<br /><br /></p> <p><strong>WORKING CONDITIONS:</strong></p> <p>Work is performed in an office/remote setting with no unusual hazards.&nbsp;Minimal travel required.<br /><br /><strong>Pay Range&nbsp;</strong><br /><br />Actual compensation decision relies on the consideration of internal equity, candidate&rsquo;s skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $100,400 and $168,100.</p>
Responsibilities: <ul> <li>Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.&nbsp;<em>&nbsp;</em></li> <li>Communicate effectively: Make recommendations and present findings to appropriate audiences via creation of presentations, reports and pricing tools as applicable.</li> <li>Document all work and establish or improve procedures for internal department processes.</li> <li>Help design, enhance, and maintain pricing, reserving, reinsurance and forecasting models.</li> <li>Work with various business units to help create and drive strategic plans and metrics.</li> <li>Monitor premium and loss ratio projections and communicate status to business units and senior management.&nbsp;</li> <li>Monitor industry results and trends and the Company&rsquo;s relative performance to the industry. Monitor resulting action plans.</li> <li>Provide guidance and mentor other actuarial analysts.</li> <li>Represent Actuarial on corporate projects as needed.</li> <li>Attend meetings and serve on committees as necessary, representing the Actuarial department.</li> <li>Perform advanced special projects as needed.</li> <li>Maintain good standing with the Casualty Actuarial Society (CAS), complete annual CE requirements and attest with the CAS as required and follow the Code of Professional Conduct and all relevant actuarial standards of practice.</li> </ul> <br /> <p><em>This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.</em></p>
Requirements: <p><strong>EDUCATION AND EXPERIENCE:<br /><br /></strong></p> <ul> <li>Bachelor&rsquo;s degree in Actuarial Science, Mathematics, or related area.</li> <li>ACAS designation required, and pursuit of FCAS designation highly preferred.&nbsp;</li> <li>Minimum of four (4) years' actuarial experience in appropriate industry required for business segment (property and casualty, healthcare, etc.).</li> </ul> <br /> <p><strong>SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:&nbsp;<br /><br /></strong></p> <ul> <li>Advanced knowledge of actuarial principles and practices in one or more of the following areas: reinsurance, reserving, ratemaking, financial reporting, capital management, underwriting, and claims practices.</li> <li>Ability to perform actuarial and statistical analyses.</li> <li>Ability to apply the principles of logical thinking to define problem; collect data, establish facts, and draw conclusions.</li> <li>Excellent communication with others, both actuaries and non-actuaries, verbally, in writing, and via presentations.</li> <li>Expertly skilled in use of Excel; proficiently skilled in use of Outlook, Word, and PowerPoint. Programming skills in SQL and/or statistical software (e.g., R, Python) preferred.</li> <li>Ability to learn new software easily.</li> </ul> <br /><br /> <p>The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.&nbsp;</p> <p><em>We are an Equal Opportunity Employer. Diversity is valued and we will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.</em></p>