Sr. Actuarial Analyst Job at Phenom People, Lancaster, PA

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  • Phenom People
  • Lancaster, PA

Job Description

Farmers

We are Farmers! We are more than just your favorite commercials. We are a passionate, award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn't just our business - it's our culture! We are Farmers!

Do you thrive in a high-volume, fast-paced environment? Do you enjoy the challenge of a position where no two days are alike? We are looking for positive, high-energy professionals who are not just looking for a job, but a meaningful career!

About the Role

This position will be part of a team that performs both pricing and reserving analysis for Bristol West Insurance, a high-performing business unit within the Farmers Group focusing on auto insurance. This position offers a unique opportunity to perform both rate indications and reserving analyses for assigned states and to better appreciate how the two relate to the overall performance of the business.

What You'll Accomplish...

  • Analyzes and recommends revisions in held reserves for assigned states
  • Analyzes and recommends revisions in rates for assigned states
  • Identifies and analyzes trends in the data
  • Performs actuarial analysis required to support rate filings with regulatory authorities
  • Represents the Actuarial Department in discussions with the Product, Claims, and IT Departments. Works with IT in coding changes for tools that support the actuarial functions.
  • Supports the Actuarial Team through querying of data using SQL and SAS programming languages
  • Automates tasks using VBA
  • Performs calculations for actuarial research and studies to support development of new products
  • Performs other functions as assigned

Education Needed...

High school diploma or equivalent required. Bachelor's degree with at least a minor in mathematics, and passed five Casualty Actuarial Society exams preferred.

Experience Needed...

Two years of P&C Actuarial experience.

Special Skills Needed...

  • Proficient in Microsoft Excel and Word
  • Familiar with SQL
  • Familiar with SAS
  • Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function. As such, this position may be considered at a higher or lower level position. Salary grade will be based on selected candidates' experience and skills.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
  • o CA Only: $80,480 - $116,300
  • o CO Only: $75,440 - $100,600
  • o New York City, NY/Westchester County: $93,040 - $116,300
  • o WA Only: $80,480 - $134,375
  • Bonus Opportunity (based on Company and Individual Performance)
  • 401(k)
  • Medical
  • Dental
  • Vision
  • Health Savings and Flexible Spending Accounts
  • Life Insurance
  • Paid Time Off
  • Paid Parental Leave
  • Tuition Assistance

Job Location(s): R_US - RW - Remote Work, US - MI - Remote, US - FL - Remote, US - GA - Remote, US - NY - Remote, US - PA - Remote, US - IL - Remote, US - MA - Remote, US - NJ - Remote, US - CT - Remote, US - MD - Remote, US - RI - Remote, US - SC - Remote, US - DE - Remote, US - NH - Remote, US - TN - Remote

Want to learn more about our culture & opportunities? Check out

Job Tags

Remote work, Flexible hours,

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