P/C Senior Actuary Job at YK Solutions LLC, Bloomington, IL

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  • YK Solutions LLC
  • Bloomington, IL

Job Description

Position Title: P/C Senior Actuary (Confidential Client)
Location: Bloomington, IL | Hybrid
Employment Type: Permanent

Compensation

  • Salary: $110,000 - $150,000/yr
  • Annual Company Bonus: 6%

Benefits

Insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match

Company Overview (Confidential)

Our Client serves nearly one million households with a diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We're a big company, yet small enough you can make an impact and won't get lost in the shuffle. You'll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

Position Summary

Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; and/or to implement new rates and rating plans, using existing procedures, recommending changes where appropriate. Analyzes data towards developing and proposing solutions for actuarial or product line management.

Primary Functions

  • Researches and analyzes various types of data to produce rate adjustment proposals, reserve estimates or economic capital models; and/or actuarial support for filings with state insurance departments; and/or to implement new rates and rating plans, using existing procedures, recommending changes where appropriate.
  • Analyzes data towards developing and proposing solutions for actuarial or product line management.
  • Pursues a Casualty Actuarial Society designation at least through Associate of the Casualty Actuarial Society (ACAS) level. Maintains appropriate Continuing Education credit to maintain Actuarial credentials.
  • Researches and analyzes data for special projects within a defined scope. Serves as Property/Casualty Actuarial representative for project committees as assigned.

Must-Haves

  • 5+ years of relevant Property/Casualty insurance experience or a combination of related experience, education and training
  • Completed coursework for attaining ACAS credential and working towards fulfilling requirements for FCAS credential
  • Property/Casualty experience required

Preferred Qualifications

  • Prior Auto and Home pricing experience, though applicants with other property casualty experience will be considered

Job Tags

Permanent employment

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