Associate Actuary
About the role
The Associate Actuary at ProAg plays a key role in supporting underwriting and actuarial functions by delivering data-driven insights that inform pricing, hedging decisions, and overall business performance. In this role, you will analyze claims and premium data, develop projections, and contribute to actuarial models that guide decision-making across underwriting teams and leadership.
Responsibilities
Conduct rate adequacy analysis and develop insurance product pricing using actuarial and predictive modeling methodologies, driving the business to achieve profitability objectives
Use actuarial and predictive modeling techniques to construct policyholder profitability models for reinsurance decisioning in multi-peril crop insurance and livestock contracts
Utilize strong interpersonal and communication skills to understand and support actuarial needs of the insurance product implementation process
Requirements
A Bachelor’s degree in Actuarial Science, Mathematics, a related field, or the equivalent education and/or experience
Minimum 5 Casualty Actuarial Society exams passed. Attainment of the Associate of the Casualty Actuarial Society (ACAS) certification a plus
Ability to apply statistical and predictive modeling and analytics methodologies to advanced analytical problems, interpret the model results, turn data into actionable insights, and effectively communicate model results
Proficiency in programming languages R, SQL, or Python
Fantastic written and verbal communication skills with ability to effectively present recommendations and analysis to business partners
Good organizational and analytical skills with a demonstrated ability to manage multiple tasks simultaneously
Qualifications
Ability to apply statistical and predictive modeling and analytics methodologies to advanced analytical problems, interpret the model results, turn data into actionable insights, and effectively communicate model results
Proficiency in programming languages R, SQL, or Python
Fantastic written and verbal communication skills with ability to effectively present recommendations and analysis to business partners
Good organizational and analytical skills with a demonstrated ability to manage multiple tasks simultaneously
Skills
Statistical and predictive modeling and analytics methodologies
Programming languages R, SQL, or Python
Interpersonal and communication skills
Organizational and analytical skills
Benefits
Competitive salary and comprehensive benefit package
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
Basic life and disability insurance
401(k) plan with 6% company match
20 days of PTO, three floating holidays, approximately 10 paid holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
Pay
The pay range for this position is $137,200 - $155,000, which includes geographic adjustments, where applicable.