Actuarial Associate II/III at Society Insurance Company

Job Information

Job Title

Actuarial Associate II / III

Home Department:

Actuarial

Employment Status:

Exempt; Full-time

Position Location:

Home Office or Telecommuting Opportunities

We are targeting candidates located within the Madison/Milwaukee/Appleton/Sheboygan market who will be able to work 1 day/week at the Fond du Lac home office.

Overview

Protecting our policyholders dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking an experienced Actuarial Associate to join our team. With minimal guidance, this position will prepare reserving and ratemaking, as well as conducting special projects to achieve rate & reserve adequacy by applying actuarial techniques and working collaboratively with our Claims, Underwriting, Accounting, and Information Technology departments.

About the Role

• Utilizes and verifies data provided by Information Technology to prepare ratemaking, reserving, and modeling analysis.
• Develops data and reports for special projects.
• Maintains, enhances, and develops templates used for ratemaking, reserving, and modeling.
• Maintains clear and concise documentation of ratemaking, reserving, and modeling methods and activities.
• Provides analysis of ratemaking, reserving, modeling, and special projects.
• Passes one CAS exam per year unless Associateship has already been achieved.

About You

• You enjoy using logic and analysis to solve problems and can quickly learn new technical skills.
• You enjoy divergent thinking and the propensity to question existing practices.
• You are an excellent listener and easily builds rapport.
• You are a self-starter, manages multiple responsibilities, and adheres to time-sensitive tasks.
• You enjoy learning business acumen.
• You are quality focused and manages the efficiency, accuracy, and integrity of your work.

What it Will Take

• Bachelors degree in math, statistics, economics, or related field and 2 years of actuarial work experience (OR) 5 years of actuarial work experience.
• Strong proficiency in Excel and Database.
• Completion of at least four actuarial exams.
• Highly motivated and ability to work independently.
• Ability to juggle multiple priorities.
• 5+ years of experience in property/casualty insurance highly desirable

What Society Can Offer

• Comprehensive Benefits Package: Salary with bonus plan; health, dental, life, and vision insurance
• Retirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
• Work-Life Balance: Company-paid holidays; flexible scheduling; PTO; telecommuting options
• Education: Career Coaching; company-paid courses; student loan and tuition reimbursement
• Community: Charitable Match; paid volunteer time; team sponsorships
• Wellness: Employee Assistance Program; wellness initiatives/rewards; health coaching; and more

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans with Disabilities Act and applicable state and local laws.

Society Insurance is a drug-free workplace. Any candidate who receives an offer of employment from Society will be required to undergo a pre-employment drug test for controlled substances. All offers of employment are contingent upon successful completion of the pre-employment drug test, which is conducted in accordance with Societys substance abuse policy.

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