Senior Manager, Actuary (Hybrid)
American Family InsuranceAbout the role
Position Compensation Range:
$150,000.00 - $255,000.00Pay Rate Type:
SalaryCompensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
Primary Accountabilities
• Create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion. Work with team members to set clear goals, provide feedback, perform performance assessments, and support on-going development.
• Lead with influence and expertise. Actively contribute to division or department leadership team. Communicate and support organization mission, vision, values, policies, and practices.
• Oversee the use of various predictive modeling tools to produce various analysis and insights.
• Manage and oversee on-going product and model maintenance.
• May lead one or more of the various accountabilities below:
- Provide input and expert advice to help establish the pricing strategy for the line of business; assist in the communication of pricing strategies to business partners.
- Oversee product pricing development (from model development through business rule development)
- Manage and oversee rate making process (indication development, rate methodology, rate plan review, rate implementation).
- Manage the relationship with core business partners and assist prioritization of pricing efforts across states and regions. -Responsible for compliance with rate standards used for the respective state insurance department. -Develop and books the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis in accordance with actuarial standards of practice.
- Manage and leads the analysis and interpretation of loss reserve, loss incurred, and loss adjustment expense data.
- Develop and book the property and casualty loss and loss adjustment expense reserve needs on a quarterly basis in accordance with actuarial standards of practice.
- Lead the analysis and interpretation of loss reserve, loss incurred, and loss adjustment expense data for all property and casualty lines of insurance.
- Lead the analysis and interpretation of reinsurance modeling on all property and casualty lines of insurance.
- Oversee the validation of on-level premium data on a quarterly basis
Specialized Knowledge & Skills Requirements
• Demonstrated experience providing customer-driven solutions, support, or service.
• Demonstrated experience communicating complex data to multiple business partners.
• Demonstrated experience in public speaking and use of appropriate presentation skills.
• Solid knowledge and understanding of property and casualty products, pricing, rates, and industry trends.
• Solid knowledge, understanding and demonstrated experience performing statistical/actuarial analysis and data forecasting, reserving, and modeling techniques.
• Demonstrated effective leadership experience.
• Solid knowledge of insurance industry, its market, competitors, regulatory constraints, judicial climate, and consumer activism.
• Associate or Fellow in the Casualty Actuary Society (ACAS or FCAS).
Additional Knowledge and Skills
• Solid knowledge of Python, SQL, and BI tools
• Demonstrated experience in personal lines ratemaking
• Demonstrated experience managing complex processes and/or projects
Licenses
• Not applicable.
Travel Requirements
• Up to 10%.
Physical Requirements
• Work that primarily involves sitting/standing.
Working Conditions
• Not applicable.
#LI-hybrid
Additional Information
Offer to selected candidate will be made contingent on the results of applicable background checks
Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
Sponsorship will not be considered for this position unless specified in the posting
In this hybrid role you will be expected to work 10 days per month out of one of the following offices: Madison, WI, Boston, MA.
Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.
We provide benefits that support your phy
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s