Actuarial Analyst II- PIPELINE

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

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Competitive Compensation and Benefits Package

Overview: The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.
Responsibilities: <p><span style="font-family: Arial; font-size: medium;"><strong><u><span style="font-size: medium;">PIPELINE ROSTER</span></u></strong></span></p> <p><span style="font-family: Arial;">In order to provide qualified Actuarial candidates for multiple positions, The Auto Club Group keeps a roster of interested applicants.&nbsp;If you are interested and fulfill the&nbsp;minimum requirements, please complete the application online.</span></p> <p><span style="font-family: Arial;">Registration into the Pipeline Roster&nbsp;does not constitute&nbsp;any form of a commitment on the part of&nbsp;The Auto Club Group. This roster is&nbsp;valid for&nbsp;6 months. Candidates&nbsp;may be required to re-apply again after 6 months the of the initial date of registration to be considered as an active pipeline applicant</span></p> <br /> <ul> <li>Develops pricing for current or new property/casualty insurance coverage and products.</li> <li>Executes scheduled rate reviews and indications to ensure rates are adequate, not excessive or unfairly discriminatory and internally consistent with experience.</li> <li>Analyzes and prepares competitive products and rate comparison reports.</li> <li>Formulates and interprets mathematical ratemaking models using available tools.</li> <li>Analyzes data develops material and prepares appropriate communication.</li> <li>Works with Actuarial Support in gathering and verifying data for rate indications, rate revisions, and special projects. Manipulates data for actuarial review using standard software packages.</li> <li>Applies actuarial methods and principals to obtain indications, complete projects, analyze results and make recommendations. Determines relevant factors and researches suitable trend indications for analysis.</li> <li>Analyzes competitor&rsquo;s rate structures and coverage.</li> <li>Develops and prepares competitor rate manual analysis.</li> <li>Prepares reports, proposals, system documents, filing support and documentation files.</li> <li>Provides support to projects as required.&nbsp;</li> </ul>
Requirements: <div> <div><u>Education:</u></div> <ul> <li>Master Degree in Mathematics, Actuarial Science, Statistics or related field</li> </ul> <p><span style="font-family: Arial; font-size: medium;">Knowledge of:</span></p> <ul> <li> <div><span style="font-family: Arial; font-size: medium;">Knowledge of auto or home insurance industry terminology and concepts</span></div> </li> <li> <div><span style="font-family: Arial; font-size: medium;">Proficient in SAS or other programming languages</span></div> </li> <li> <div><span style="font-family: Arial; font-size: medium;">Experience in new product implementation</span></div> </li> </ul> </div> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;">WORK ENVIRONMENT</p> <p style="margin-top: 0px; margin-bottom: 0px;">Works in a temperature-controlled office environment.</p> <br /> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><strong><u>Required Qualifications:</u></strong></p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <ul> <li>Bachelor's degree in Mathematics, Actuarial Science, Statistics or a related field.</li> <li>Successful completion of three or more actuarial examinations and a minimum of 2 or more years of experience in an actuarial environment.</li> <li>Maintain eligibility in the Actuarial Professional Development Program following department guidelines.</li> </ul> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <div>Experience in/with:</div> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <ul> <li>Analyzing technical studies and data and drawing sound conclusions</li> <li>Calculating premium or reserves for new or existing products</li> <li>Performing research and statistical analyses</li> <li>Statistical tools in order to complete assignments</li> <li>PC software applications (e.g. Word, Excel, PowerPoint, etc.)</li> </ul> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <div>Demonstrated skills in:</div> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <ul> <li>Preparation/presentation of material</li> <li>Managing workflow to achieve multiple goals</li> <li>Working individually and as part of a team</li> </ul> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <div>Ability to:</div> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <ul> <li>Make oral presentations to business units</li> <li>Represent the department on inter-department teams</li> <li>Apply actuarial methods and principals to obtain indications, complete projects, analyze results and make recommendations.</li> </ul> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;">The Auto Club Group offers a competitive compensation and benefits packages including a base salary with performance based incentives; medical/dental/vision insurance, 401(k), generous time off, a complimentary AAA Membership and much more!</p> <p style="margin-top: 0px; margin-bottom: 0px;"><br /><strong>Important Note:</strong>&nbsp;The above statements describe the principal and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.<u><a href=""></a></u></p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;">The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.</p>