Want to learn more about our culture & opportunities? Check out farmers.com/careers and be sure to follow us on Instagram and LinkedIn!
The Actuary Associate FCAS will develop and implement actuarial solutions related to pricing for Transportation Network Company (TNC) and other new products and partnerships. Additionally explore statistical modeling methodology to improve our pricing accuracy. Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance; performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation and the pricing of new products.
Interact with high profile clients working in new products implementing actuarial solutions for new ventures including Transportation Network Company (TNC). Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance. Performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation affecting the actuarial function, and the pricing of new products. Performs actuarial analysis required to support rate filings with regulatory authorities. Represents Actuarial Department through participation in inter- departmental meetings, and discussions with other Home Office departments and regional personnel. Assists in the training and development of professional actuarial personnel as assigned. Performs special actuarial assignments requiring professional expertise. Performs actuarial analysis of loss and loss adjustment expense reserves; and performs and analyzes the testing of alternative methodologies needed to reflect changes in operational procedures, legislation and current claims cost trends. Performs other functions as assigned.
Prior client-facing interaction experience
Excellent presentation skills
Strategic thought process
Job Posting: 02/15/2020