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Actuarial Associate II

Company: Society Insurance Company
Location: Fond du Lac
Posted on: October 9, 2020

Job Description:

Overview

Protecting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. Society Insurance works towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking an experienced Actuarial Associate II to join our team in the geographic area, located at our home office, Fond du Lac, WI. This position will prepare reserving and ratemaking, as well as conducting special projects to achieve rate & reserve adequacy by applying actuarial techniques and working collaboratively with our Claims, Underwriting, Accounting, and Information Technology departments.

About the Role

Utilizes and verifies data provided by Information Technology to prepare ratemaking, reserving, and modeling analysis.

Develops data and reports for special projects.

Maintains, enhances, and develops templates used for ratemaking, reserving, and modeling.

Maintains clear and concise documentation of ratemaking, reserving, and remodeling methods and activities

Provides analysis of ratemaking, reserving, modeling, and special projects.

Conducts competitive analysis with state expansion initiatives.

Passes one CAS exam per year.

About Yo u

You enjoy dealing with ambiguity.

You enjoy building rapport and is a good listener.

You enjoy learning business acumen.

You come up with a lot of new and unique ideas.

You have the functional and technical knowledge to do the job at a high level of accomplishment.

You are bright and deals with concepts and complexity comfortably.

You are tolerant with people and processes and tries to understand the people and the data before making judgments and taking action.

You enjoy using logic and analysis to solve difficult problems.

You are committed and actively works to improve continuously and understands that different situations and levels may call for different skills and approaches.

You pick up on technical details quickly and can learn new skills and is good at processing new industry or technical knowledge developments.

What it Will Take

Bachelor’s degree in math, statistics, economics, or related field + 2 years of experience OR 5 + years of actuarial work experience

Strong proficiency in Excel

Completion of at least four actuarial exams

+5 years of experience in property/casualty insurance highly preferred

What Society Can Offer

Traditional Benefits : Competitive salary with bonus plan; health, dental, life, and vision insurance

Retirement : Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan

Work-Life Balance : Company-paid holidays; flexible scheduling; PTO; telecommuting options

Education : Career Coaching; company-paid courses; student loan and tuition reimbursement

Community : Charitable Match; paid volunteer time; team sponsorships

Wellness : Employee Assistance Program; health club reimbursement; wellness reimbursement

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans With Disabilities Act and applicable state and local laws.

Society Insurance is a drug-free workplace. Any candidate who receives an offer of employment from Society will be required to undergo a pre-employment drug test for controlled substances. All offers of employment are contingent upon successful completion of the pre-employment drug test, which is conducted in accordance with Society’s substance abuse policy.

PI123407969

Keywords: Society Insurance Company, Fond du Lac , Actuarial Associate II, Other , Fond du Lac, Wisconsin

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