Jobs · OTHR · Iowa

Managing Actuary

Farm Bureau Financial Services · West Des Moines, IA · 3 days ago
OTHRFull-time

What You'll Do

  • Direct preparation of rate and reserve recommendations using advanced actuarial techniques and assist in their implementation.
  • Afford senior management with sound financial decisions and plans by directing the timely and accurate preparation and reporting of financial data including pricing, budgeting, reserving, and reinsurance data.
  • Contribute to meeting corporate goals for profit, growth, and service by directing the development of rates and rating plans and their implementation based on seasonal actuarial experience, as applicable.
  • Manage competitive intelligence and predictive modeling work including data manipulation, model selection, formalizing recommendations, communication of results and implementation.
  • Develop business requirements, select appropriate statistical models, organize data, resolve data inconsistencies, and oversee implementation.
  • Utilize statistical analysis and predictive modeling, perform analysis on external and internal data to develop strategic responses to current and anticipated market conditions and changes.
  • Contribute to meeting departmental goals by managing an actuarial staff including selecting, training, and motivating the actuarial staff.

What It Takes To Join Our Team

  • Fellow of Casualty Actuarial Society (FCAS) designation plus nine years of relevant experience required.
  • Expert understanding of computers, programming, SAS, Emblem, technology or company software and personal computer skills.
  • Acceptable ability to lead and apply predictive modeling tools and analytics.
  • Expert knowledge of Property/Casualty insurance industry and to be able to apply advanced actuarial skills to address broad-based insurance programs.
  • Project and department leadership skills.

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