Senior Actuarial Analyst

Position Summary

The Senior Actuarial Analyst ("SAA") supports the commercial pricing team for the Bind and Brokerage units of IFG Companies. The SAA develops and enhances actuarial analyses, processes, and models to assist in rating structures, pricing insights, and portfolio rate monitoring.

Position Responsibilities

• Assist in developing and enhancing sophisticated tools, processes, systems, and analyses in support of high-performing actuarial and underwriting teams.
• Support regular rate indication analyses to assess profitability and align with business unit financial objectives.
• Maintain and update complex rating plans, working with Underwriting and IT teams to implement rating logic and pricing structures within policy administration systems.
• Monitor renewal rate changes at various granularities and prepare reports to support alignment with overall rate targets.
• Collaborate with the Data/Analytics team to deliver key insights to underwriters and leadership.
• Support reinsurance renewals by reviewing and analyzing submission data and assisting in reinsurance pricing assessments.
• Contribute to the annual corporate financial planning process.
• Utilize tools like Excel, SQL, and Python for data analysis, workflow optimization, and improving data quality and efficiency.
• Create and maintain documentation that adheres to the actuarial profession's high standards, following the Casualty Actuarial Society Code of Professional Conduct.

Knowledge, Skills And Abilities

• Strong analytical and technical skills, including tool-building and data manipulation capabilities.
• Excellent interpersonal skills, with solid written and oral communication abilities.
• Strong teamwork and collaboration skills, along with the ability to work independently and prioritize tasks.
• Ability to resolve conflicts constructively and utilize independent coding proficiency without LLM assistance.

Education, Experience And Certification

• A bachelor's degree from an accredited U.S. college/university, majoring or coursework in insurance, risk management, economics, actuarial science, or related fields.
• At least three (3) years of experience in the Property & Casualty insurance industry, preferably with a U.S. commercial insurer, in actuarial, underwriting, risk management, product management, or claims areas.
• Four (4) actuarial exams recognized by the Casualty Actuarial Society.
• PREFERRED: CAS Exam 5 or Associate of the Casualty Actuarial Society (ACAS).
• PREFERRED: Experience in General Liability and/or Excess & Surplus insurance.

Physical Demands

The position is hybrid and requires the ability and willingness to work in an IFG Companies office at least three (3) days per week, if residing within one-hour commuting distance. Physical demands are minimal, involving prolonged sitting, extensive computer usage, and occasional in-person and phone interactions.

Salary And Benefits

The salary range for this position is $100,000 - $130,000. Incentive compensation may also be available. IFG Companies offers competitive compensation and benefits, including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, paid parental leave, vacation, and other paid time off.

WHY IFG COMPANIES

Founded in 1985, IFG Companies is one of the oldest privately held insurance groups in the United States. It combines a specialty-carrier focus with long-term stability and strategic thinking, promoting underwriting rigor, collaboration, and strong producer partnerships.

EQUAL OPPORTUNITY

IFG Companies is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or any other protected characteristic under applicable law.