Pricing Actuary FSA
Posted on: 25 Jun 2021
Philadelphia, PA
Job Description
Job Summary
Performs actuarial analysis and coordinates recommendations for implementing changes due to regulatory and management reporting requirements.
Essential Job Functions
All the duties of an Associate Actuary plus the following: Initiates, analyzes, recommends and implements appropriate revisions in actuarial methods and assumptions in areas with significant financial impact. Works independently to develop and implement appropriate solutions to actuarial issues. Acts as project lead where assigned, assigning project work, managing workflow and providing feedback to management to enable appropriate modifications to and timely completion of projects. Represents the Actuarial department through participation in, and/or coordination of inter-departmental meetings and committees. Prepares, interprets and communicates data and related formulae for management. Analyzes operations to recommend improvement for control and/or efficiency. Promotes safety at all times and complies with safety/ergonomic standards as outlined in relevant company published manuals. Performs other duties as assigned.
Physical Actions
Required job duties are essentially sedentary work consisting of occasional walking, standing and lifting and/or carrying 10-lbs. maximum and seeing.
Physical Environment
Required job duties are normally performed in a climate-controlled office environment.
Education Requirements
Bachelor's degree required. Fellow of the Society of Actuaries, and Member of the American Academy of Actuaries. Maintains continuing education requirements in order to sign public statements of actuarial opinion.
Experience Requirements
Five years of actuarial experience including two years as an Associate Actuary, Actuarial Assistant, or the equivalent.
Special Skill Requirement
Expert level knowledge of spreadsheet, database and actuarial projections software. Intermediate level knowledge of word-processing software.
Farmers Insurance
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.
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IndustryInsurance
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No. of Employees7,935
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Website
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Jobs Posted278
