Pricing Actuary Position Available In Wake, North Carolina

Pricing Actuary North Carolina Farm Bureau Mutual Insurance Company – 3.3 Raleigh, NC Job Details Full-time $60,000 – $144,000 a year 1 day ago Benefits Health insurance Dental insurance Paid time off Vision insurance Professional development assistance Life insurance Qualifications Pricing Teamwork Microsoft Excel

SAS GLM 5

years Associate of the Casualty Actuarial Society (ACAS) R SQL Programming languages C Bachelor’s degree Product management Casualty insurance actuarial specialization Senior level Property insurance actuarial specialization Communication skills Python Actuarial Science Full Job Description About Us At North Carolina Farm Bureau Insurance, we take pride in our strong, community-oriented roots that began right here in North Carolina. In 1953, our company was born out of the need to provide insurance coverage to our farmers and rural communities. Now, with local offices in each of the 100 counties, we provide services to all North Carolinians across the state. Here at NCFB we are a familiar face in the community with a service oriented mindset that truly sets us apart. Guided by our mission, we are deeply committed to both our neighbors and employees. Helping you is what we do best! If you are passionate about making a meaningful impact and value a people-centered culture, we invite you to join us! About the Role We are looking for a pricing actuary to support primarily personal lines of business, with the opportunity for exposure to both auto and property lines in a single state market. You will be responsible for traditional rate making analysis, including rate indications, predictive modeling segmentation, and filing support in a rapidly evolving marketplace. Collaboration on research projects with multiple departments can also be expected. Education and Experience

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, Economics, or other related field.
• ACAS or near-ACAS strongly preferred.
• Minimum 5 years P&C pricing experience required.
• Exposure to direct data querying and implementation of multiplicative rating plans (GLMs) strongly preferred.
• Managerial experience considered a bonus, though not an immediate requirement for the role. Required Skills and Abilities
• Strong understanding of standard actuarial techniques and assumptions.
• Broad understanding of insurance operations and their relationship with pricing implications.
• Advanced computing skills (Excel, SAS) in development of complex pricing models.
• Proficiency in a general programming language (SAS, SQL, Python, R).
• Strong background in GLM modeling software preferred (Emblem/Radar strongly preferred).
• Excellent communication skills in breaking down complex ratemaking themes.
• Collaborative mindset in engagement with multiple personnel in research across a broad array of insurance operations. Location & Commitments
• Full-time role based at our Corporate Office in Raleigh, NC 27612
• Hybrid schedule available (3 days in office). Responsibilities of the Role
• Utilize expertise in aggregating actuarial data to create/execute data driven processes underlying various components of product management.
• Enhance pricing models to modernize assumptions in developing recommendations.
• Communicate decisions and implications of recommendations to affected stakeholders.
• Monitor implemented product changes for expected outcomes.
• Advise on data requirements to complete actuarial tasks.

This document is intended to outline the essential responsibilities of the position, and does not limit the tasks that may be assigned or amended by the supervisor.

NOTE:

Only shortlisted candidates will be contacted.

Job Type:

Full-time Pay:

$60,000.00 – $144,000.00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Professional development assistance Vision insurance

Schedule:

8 hour shift Monday to

Friday Work Location:

In person