Actuarial Analyst I - Erie Insurance

At Erie Insurance, you're not just part of a Fortune 500 company; you're also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.

We strive to be Above all in Service® to our customers-and to our employees. That's why Erie Insurance offers you an exceptional benefits package, including:

• Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.

• Low contributions to medical and prescription premiums. We currently pay up to 97% of employees' monthly premium costs.

• A pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.

• A 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.

• Paid vacation, personal days, sick days, bereavement days and parental leave.

• Career development, including a tuition reimbursement program for higher education and industry designations.

• Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for- dollar matching of your charitable gifts, up to $12,500 a year.

Position Summary

Conducts basic actuarial reviews for P/C lines of business. Collects and analyzes data, develops and presents proposals, compiles state insurance department filings and coordinates the implementation of actuarial changes with other areas of the company.

Duties and Responsibilities

• Conducts basic actuarial analyses, prepares studies, recommendations, state insurance department filings and manual pages, and updates system tables as required. Works closely with experienced departmental staff and learns actuarial techniques, data sources and computer programs as required.
• Creates exhibits, reports, maps and charts for actuarial and reserve studies, state insurance department filings and rate recommendations. Analyzes ERIE's financial data and industry statistical information and prepares periodic updates for management, using appropriate presentation format.
• Rates, analyzes and responds to inquiries related to premiums and online assistance and provides actuarial assistance to ERIE Agents, branch managers, district sales managers and other divisions and departments throughout ERIE. Completes rate surveys for state insurance departments and research organizations.
• Presents actuarial information to management and communicates actuarial changes to other departments as required.
• Acts as a project coordinator for actuarial data processes. Works with other areas of the company as necessary.
• Develops and maintains automated procedures to improve work flow and productivity.
• Develops and applies a basic knowledge of actuarial procedures used by ERIE, competitors and governmental bodies.
• Visits field offices and/or Agent meetings as required to present actuarial information.
• Completes special projects as required.

The firstfour duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as becomeclear.

Competencies

Values Diversity

Nimble Learning

Self-Development

Information Management Skills

Collaborates

Customer Focus

Job-Specific Knowledge

Cultivates Innovation

Instills Trust

Optimizes Work Processes

Decision Quality

Ensures Accountability

Qualifications

Bachelor's degree in mathematics or a related field required. Successful completion of one actuarial exam and demonstrated exam progress required. Basic knowledge of spreadsheet, database and related software required. Some previous programming experience preferred.

Physical Requirements

Lifting 0-20 lbs; Occasional (
Lifting 20-50 lbs; Occasional (
Lifting Over 50 lbs; Occasional (
Driving; Rarely

Pushing/Pulling; Occasional (
Manual Keying/Data Entry; Often (20-50%)

Climbing; Rarely

Nearest Major Market: Erie