American Family Insurance
Reinsurance Assistant Actuary
American Family Insurance, Chicago, Illinois, United States, 60290
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Reinsurance Assistant Actuary
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American Family Insurance 1 day ago Be among the first 25 applicants Join to apply for the
Reinsurance Assistant Actuary
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American Family Insurance Get AI-powered advice on this job and more exclusive features. Direct message the job poster from American Family Insurance Position Compensation Range
$111,000.00 - $190,000.00
Pay Rate Type
Salary
Compensation may vary based on the job level and your geographic work location.
Relocation support is offered for eligible candidates.
The Reinsurance Assistant Actuary leads, coordinates or performs complex analysis for the full range of actuarial activities related to Reinsurance pricing for a line of business (LOB). You will lead, coordinate, or build complex models and projections to enable the business to generate consistent and sound prices. You will build models for reinsurance. You will serve as subject matter expert and consultant to business partners throughout the organization. You will present findings and recommendations regarding the development or effectiveness of various strategies. You will report to the Director, Actuary
If located within 50 miles of one of our core locations (35 miles in Boston), 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; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.
Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.
Primary Accountabilities
You will develop relationships with core business partners and provide insights and solutions to address specific business concerns. You will explore new concepts, statistical models, and data sources to deliver innovative solutions for the business. You may contribute to all aspects of pricing and may own the recurring process. You may facilitate the pricing strategy. You may assist with the development of pricing for new products. You will monitor industry and competitor trends to determine potential impact on actuarial strategies and solutions. You will analyze the profitability of assumed property & casualty treaty reinsurance opportunities. You will maintain a portfolio analytics framework, ensuring consistent analytical standards for evaluating assumed reinsurance opportunities. You will create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion. You will mentor and develop team members. You will collaborate with Underwriting to provide input on potential deals.
Specialized Knowledge, Skills, And Education Requirements
Associate or Fellow in Casualty Actuary Society (ACAS or FCAS). Demonstrated experience analyzing assumed reinsurance treaties. Solid knowledge and understanding of complex insurance and reinsurance structures. Solid knowledge and understanding of property and casualty products, pricing, rates and industry trends. Solid knowledge and understanding of the global reinsurance industry, its market, regulatory constraints, judicial climate, and consumer activism. Solid knowledge of catastrophe models such as RMS and AIR, among others. Demonstrated experience with Excel, SQL, Python, and basic programming. Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques. Solid knowledge and understanding of data models and database design and development concepts. Demonstrated experience providing customer-driven solutions, support or service.
Additional Information
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 encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
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.
Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at American Family Insurance by 2x Get notified about new Assistant Actuary jobs in
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Reinsurance Assistant Actuary
role at
American Family Insurance 1 day ago Be among the first 25 applicants Join to apply for the
Reinsurance Assistant Actuary
role at
American Family Insurance Get AI-powered advice on this job and more exclusive features. Direct message the job poster from American Family Insurance Position Compensation Range
$111,000.00 - $190,000.00
Pay Rate Type
Salary
Compensation may vary based on the job level and your geographic work location.
Relocation support is offered for eligible candidates.
The Reinsurance Assistant Actuary leads, coordinates or performs complex analysis for the full range of actuarial activities related to Reinsurance pricing for a line of business (LOB). You will lead, coordinate, or build complex models and projections to enable the business to generate consistent and sound prices. You will build models for reinsurance. You will serve as subject matter expert and consultant to business partners throughout the organization. You will present findings and recommendations regarding the development or effectiveness of various strategies. You will report to the Director, Actuary
If located within 50 miles of one of our core locations (35 miles in Boston), 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; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.
Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.
Primary Accountabilities
You will develop relationships with core business partners and provide insights and solutions to address specific business concerns. You will explore new concepts, statistical models, and data sources to deliver innovative solutions for the business. You may contribute to all aspects of pricing and may own the recurring process. You may facilitate the pricing strategy. You may assist with the development of pricing for new products. You will monitor industry and competitor trends to determine potential impact on actuarial strategies and solutions. You will analyze the profitability of assumed property & casualty treaty reinsurance opportunities. You will maintain a portfolio analytics framework, ensuring consistent analytical standards for evaluating assumed reinsurance opportunities. You will create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion. You will mentor and develop team members. You will collaborate with Underwriting to provide input on potential deals.
Specialized Knowledge, Skills, And Education Requirements
Associate or Fellow in Casualty Actuary Society (ACAS or FCAS). Demonstrated experience analyzing assumed reinsurance treaties. Solid knowledge and understanding of complex insurance and reinsurance structures. Solid knowledge and understanding of property and casualty products, pricing, rates and industry trends. Solid knowledge and understanding of the global reinsurance industry, its market, regulatory constraints, judicial climate, and consumer activism. Solid knowledge of catastrophe models such as RMS and AIR, among others. Demonstrated experience with Excel, SQL, Python, and basic programming. Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques. Solid knowledge and understanding of data models and database design and development concepts. Demonstrated experience providing customer-driven solutions, support or service.
Additional Information
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 encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
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.
Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at American Family Insurance by 2x Get notified about new Assistant Actuary jobs in
Chicago, IL . Chicago, IL $75,000.00-$95,000.00 4 weeks ago Associate Actuary (ACAS) - Chicago Property and Casualty
Chicago, IL $92,200.00-$188,160.00 2 weeks ago Reviewing Actuary, (Cash Balance Actuaries)
Manager & Actuary - Life Product Development
Chicago, IL $127,322.00-$212,203.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr