Actuarial Analyst III

Company

Farm 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 responsibilities of the Actuarial Analyst III include performing and communicating complex actuarial analyses such as actuarial exhibits, pricing, data analyses and other tasks as assigned. This position supports the core actuarial functions (i.e. Pricing, reserving, modeling, etc. with a primary focus in pricing) responsible for ensuring profitability, growth and the financial strength of the organization.

Minimal 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 Responsibilities:

• Applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses.
• Prepares summaries of actuarial analyses for distribution to Home Office and Field management, other Farm Family departments, consultants, reinsurers, and regulators.
• Completes processes to perform and document actuarial analyses promptly and accurately.
• Assists less experienced analysts with 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.
• Interacts with personnel in all departments of Actuarial Operations.
• Provide and request information about items to be included in actuarial analyses such as rate proposals.
• Communicate with regulators to understand state regulations, filing requirements, and compliance concerns.
• Provide historical experience and data to support annual renewal and provide insight to explain trends.

Qualifications / Experience Required:

• A Bachelor’s degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required.
• The ability to demonstrate sufficient progress in understanding and applying basic actuarial principles.
• Completion of at least 3 CAS exams.
• Must be able to operate Microsoft Office programs and ability to learn other computer applications.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Problem solving in this position mainly involves applying these principles and fundamentals in any actuarial analyses that reflect sound actuarial thought processes.
• Speaking - Talking to others to convey information effectively so others can understand you.
• Service Orientation - Actively looking for ways to help people.
• Coordination - Adjusting actions in relation to others' actions.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Writing - The ability to read and understand information and ideas presented in writing and to communicate information in writing so others will understand.

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.

Pay Ranges:

Omaha: $79,000 to $115,000

Albany & Chicago: $82,000 to $120,000

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.

Core Values

At Clearbrook our Core Values are Integrity, Collaboration, Pursuit of Excellence and Forward Thinking. These values reflect who we are today and who we aspire to be - guiding how we work, how we lead and how we succeed.