Senior Actuarial Assistant-Property & Casualty

About Federated Insurance

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own. Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our core principles and values. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

Responsibilities

• Enhance the actuarial methods used to measure operating results and perform analyses that support large account pricing decisions.
• Collaborate with underwriting and marketing partners across the organization.
• Analyze industry and account-specific trends.
• Apply advanced actuarial pricing techniques and actuarial judgment to create and present individual-risk pricing recommendations for large, complex commercial accounts, including large deductible and other alternative risk programs.
• Explain technical information to different levels of the organization.
• Work effectively in a collaborative team environment.
• Position located in the Mankato, MN office.

Minimum Qualifications

• Four-year degree, preferable in Math or related subject
• 3+ years of actuarial experience
• Successful completion of five actuarial exams
• Strong mathematical, analytical, communication, and problem-solving skills
• Advanced Microsoft Excel skills and proficiency with Microsoft Office Suite

Preferred Qualifications

• Commercial lines pricing experience
• Experience with large account, loss-sensitive, or alternative risk pricing
• Experience with Power Pivot, Power BI, Tableau, SQL, R, Python, or other data analytical tools

Pay

Senior Actuarial Assistant pay range is $101,700-$137,500. Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information can be discussed with a member of the Recruiting team.

Benefits

• Opportunities for internal mobility and career development paths
• Inspiring excellence in