Actuarial Analyst 2

📁
Actuarial
💼
Ohio Farmers Insurance Co
📅
190000DL Requisition #
LOCATION: WESTFIELD CENTER, OH
SALARY RANGE: $71,313.00-$92,706.00


BUILD YOUR FUTURE, WHILE PROTECTING THEIRS.

You will be challenged. Rewarded. And valued for your unique experience, background and perspective. 
Join a team where hard work pays off and original thinking is celebrated. As you build your future at Westfield, you will quickly learn that protecting our customer’s future is at the heart of what we do. We deliver on our promise to help restore lives and rebuild businesses when the unexpected happens. Building relationships has been a part of our culture since 1848. 

Be a part of a team that recognizes and appreciates those who take initiative, seek opportunity and strive for innovation in a changing world.


Actuarial Analyst 2 Job Summary

The Actuarial Analyst 2, working under general supervision, conducts analyses, provides recommendations, and participates in special projects of an actuarial nature. The Actuarial Analyst 2 applies and advances their actuarial acumen and skill set in completing assignments. The Actuarial Analyst 2 works to improve processes in the actuarial department. Within their assigned area, the Actuarial Analyst performs a wide-variety of actuarial duties as outlined in the essential functions below

Essential Functions (primary functions and/or reasons the job exists in order of importance)

1. Working under general supervision, completes actuarial assignments with limited direction given. Follows and improves upon standard processes in completing assignments. Based on area of assignment (e.g. Pricing, Loss Reserving, Research and Development), completes the following:

· Providing input on pricing of new and existing products.

· Collaborating with Underwriting and Product in managing business.

· Determining loss and loss expense reserve recommendations.

· Preparing and defending state filing materials and developing management reports.

· Estimating unpaid loss and loss expense liabilities.

· Providing support to Financial Reporting (e.g. annual statements).

2. Provides recommendations on actuarial matters such as pricing, reserving, or modeling.

3. Works on assigned projects of an actuarial nature with some input from other actuarial team members. Completes research, ensures accuracy of calculations and analyses, and meets project deadlines.

4. Extracts, organizes, and validates data in support of actuarial analysis.

5. Develops management reports that are used to monitor performance, behavior, and results of company goals and objectives.

6. Builds upon foundational knowledge of generally accepted actuarial methods and increases knowledge and experience with relevant tools and technologies.

7. Develops, maintains, and applies knowledge of industry and actuarial trends, market conditions, and competitor information.

8. Travels occasionally in order to participate in special assignments, training, and/or travel between office locations.

Desired Qualifications/Experience/Certification/Education (in order of importance)

1. Minimum of 3 years of insurance and/or business experience.

2. Minimum of 2 years of actuarial experience.

3. Credit for completion of 3 Casualty Actuarial Society exams.

4. Experience and advanced proficiency with Excel (e.g. array formulas, complex multi-tab workbooks, pivot tables, visual basic macros).

5. Experience collecting and analyzing data, identifying trends, establishing facts, and making recommendations including process improvements.

6. Experience and skills utilizing programming languages such as SAS, R, SQL, and Visual Basic.

7. Experience being accurate with a focus on attention to details.

8. Strong organizational skills gained through previous work experiences

9. Experience working independently as well as within a team environment.

10. Strong written and oral communication skills.

11. BS or BA degree in actuarial science, mathematics, or related field or commensurate experience.

12. Valid driver’s license and a driving record that conforms to company standards.

Physical Requirements (specific to the role)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

* Ability to work effectively in an office environment for 40+ hours per week (including sitting, standing and working on a computer for extended periods of time).

* Ability to communicate effectively in a collaborative work environment utilizing various technologies such as: telephone, computer, web, voice, teleconferencing, e-mail, etc.

* Ability to travel as required.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.



Westfield offers a Total Rewards program that focuses on compensation, benefits and wellness, and includes perks like 401(k), pension plan, annual incentive, education reimbursement, flex-time, onsite fitness center and casual dress. Work-life balance, recognition, and learning and career development are all part of a rewarding career with Westfield.

To learn more about Westfield and the opportunities available, please visit us at westfieldinsurance.com.


We are an equal opportunity employer/minority/female/disability/protected veteran. #LI-PB1

Applications for positions posted on Westfield Careers must be filed on-line through the Westfield Careers portal.  If you are a disabled person who requires a reasonable accommodation to complete an online application, please contact HR Assist by email at hrassist@westfieldgrp.com.


We are an equal opportunity employer/minority/female/disability/protected veteran.

Previous Job Searches

Create/Manage a Profile

When you join our Talent Community, you can choose to be alerted to new career opportunities that are a potential match for you as they become available.

My Profile

My Submissions

When you apply for individual job opportunities, you can keep track of them here.

My Submissions

Similar Listings

Ohio Farmers Insurance Co

Westfield Center, Ohio

📁 Actuarial

Requisition #: 2000009T