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Senior Actuarial Associate developing pricing strategies for Group Benefits EHC products. Collaborating with various teams to provide financial analyses and insights while applying actuarial skills.
About the role
- Actuarial Analyst preparing actuarial analysis and recommendations for insurance rates at Farmers. Involves training, regulatory filings, and loss reserves calculation responsibilities.
Responsibilities
- Prepares actuarial analysis of rates and rating plans for assigned lines of insurance
- Develops and prepares actuarial analysis of rates and rating plans
- Prepares formal recommendations concerning changes in rates
- Prepares correspondence and required exhibits for regulatory filings
- Assists in the training and development of professional actuarial personnel
- Performs calculations for the establishment of IBNR loss reserves
- Performs special actuarial projects as assigned
Requirements
- High school diploma or equivalent required
- Bachelor’s degree preferred with at least a minor in mathematics
- Passed three Casualty Actuarial Society exams
- One year as an Actuarial Assistant or equivalent preferred
Benefits
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
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