Supports actuarial pricing and ratemaking activities for an assigned line of business. Analyzes loss, premium, and expense experience using actuarial and statistical techniques to inform rate indications, pricing decisions, and portfolio monitoring. Assists in building and maintaining models and tools that help the business develop consistent, sound, and competitive pricing. In this hybrid, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110 Internal candidates are encouraged to apply and should review the internal mobility guidelines in the hybrid policy reference guide for more information. #LI-Hybrid Position Compensation Range: $62,000.00 - $103,000.00 Pay Rate Type: Salary Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates. Primary Accountabilities Conducts experience analyses (loss, premium, and expense) and summarizes findings to support pricing strategy and business decisions. Supports competitive and market analysis; helps identify trends, impacts, and opportunities. Assists with actuarial modeling to quantify risk and evaluate pricing alternatives (e.g., indications, relativities, scenario/sensitivity testing). Provides technical support for rate filings with state insurance departments, including documentation and responses to regulatory questions. Supports the rate review process by preparing analyses and materials for pricing meetings and stakeholder discussions. Assists in the development, enhancement, and maintenance of pricing tools, templates, and reporting. Assists with pricing analyses for new products and coverage enhancements Specialized Knowledge & Skills Requirements Demonstrated experience providing customer-driven solutions, support, or service. Basic understanding of property & casualty insurance products, pricing/rates, and industry trends. Basic understanding of underwriting guidelines and concepts. Demonstrated experience performing statistical/actuarial analysis, forecasting, and modeling. Proficiency in Excel; working knowledge of at least one programming or query language (e.g., SQL/SAS, Python, R, VBA). Pursuing Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS), with demonstrated exam progress of completing 1 exam. Preferred candidates with prior actuarial experience. Additional Information To ensure a strong start, all employees participate in our New Employee Orientation during their first week. This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth. At times, sessions may be delivered virtually based on scheduling and availability. Offer to selected candidate will be made contingent on the results of applicable background checks Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions Sponsorship will not be considered for this position unless specified in the posting We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits. We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [email protected] to request a reasonable accommodation. #LI-MR1
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