Actuarial Research Analyst II

Division or Field Office:

Actuarial Division

Department of Position: Pricing Department 

Work from:

Corporate Office, Erie PA Salary Range:

$60,677.00 - $96,925.00 *

salary range is for this level and may vary based on actual level of role hired for

*This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location, and experience of an applicant, as well as level of role for which the successful candidate is hired. Position may be eligible for an annual bonus payment.

 

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 6,000 employees and over 13,000 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. 

Benefits That Go Beyond The Basics

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.
• 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.
• 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
• Paid time off. 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 each year.

 

Position Summary

Conducts reviews and analysis of basic or moderate complexity within actuarial disciplines, including pricing, enterprise risk management, loss reserving, data science, and/or predictive analytics. Compiles and analyzes data, develops, and presents proposals, compiles state insurance department filings, and coordinates the implementation of changes with other areas.

Duties and Responsibilities

• Supports and conducts basic or moderately complex actuarial analyses, business recommendations, and state insurance department filings, and updates systems as required.
• Creates and maintains exhibits, reports, maps, and charts for rate recommendations, actuarial studies, and state insurance department filings. Analyzes ERIE's financial data and industry statistical  information and prepares periodic updates for management, using appropriate presentation format.
• Independently analyzes and responds to basic or moderately complex inquiries from ERIE Agents, branch managers, district sales managers, and other divisions and departments throughout ERIE.  Completes information requests for state insurance departments and research organizations.
• Balances and analyzes report and exhibit output for reasonability. Conducts moderately complex troubleshooting before notifying another analyst and management of unreasonable results.
• Presents actuarial information to management and communicates changes to other departments as required. 

Duties and Responsibilities (cont'd if applicable)

• Acts as a project coordinator for actuarial data processes. Works with other areas of the company as necessary.