Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance.
Here's what you'll accomplish in this role...
Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance. Prepares rate filings which are generally of a more complex or non- routine nature. 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 projects as assigned. Performs actuarial analysis of loss and loss adjustment expense reserves for assigned lines of insurance. Performs other functions as assigned.
Education needed for this role...
Bachelor’s degree with at least a minor in mathematics, and passed three Casualty Actuarial Society exams. Continue educational development in related job field.
Experience needed...
One year as an Actuarial Analyst.
You'll thrive in this role if you have...
Strong written and verbal communication skills
SAS, SQL, or VBA experience preferred
We also offer...
Farmers PASS Program - We support your continuing education in the Actuarial field by providing generous paid study hours, salary increases for exam passage, and team support. We also have our Rotation Program where we offer our team-members to rotate to other actuarial teams (Commercial, Pricing, Reserving, etc.) to gain exposure and a solid overview of all facets of P&C.
Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function.
Job Location(s): US - CA - Los Angeles, US - CA - Ventura, US - CA - Westlake Village, US - CA - Woodland Hills
Woodland Hills, CA
Farmers Group, Inc., doing business as Farmers Underwriters Association, operates as a multiline insurer. The company provides auto insurance and recreational insurance, including auto, collectible auto, motorcycle, boat, travel trailer, motor home, off-road, and food truck insurance; home insurance, such as mobile and manufactured home insurance, homeowner insurance, specialty home insurance, condo insurance, earthquake insurance, and flood insurance; and business insurance that covers property, liability, crime, auto, and worker compensation.
It also offers rideshare insurance coverage for ride-hailing drivers; liability and physical damage insurance that focuses on private passenger vehicles; personal umbrella coverage insurance; health insurance; and life and financial insurance that includes term life and whole life insurance, annuities, and mutual funds. The company was incorporated in 1927 and is based in Woodland Hills, California with additional offices in the United States. Farmers Group, Inc. operates as a subsidiary of Zurich Insurance Group Ltd.