Virginia Farm Bureau Federation · 18 hours ago
Sr Actuarial Analyst
Richmond, VA
Full-time
Hybrid
Senior Level
5+ years expVirginia Farm Bureau Federation is looking for a Sr. Actuarial Analyst to join their Actuarial team. The role involves participating in and leading rate reviews and reserving for insurance products while supporting special projects across various departments.
Paper & Forest Products
Responsibilities
Develop rates which are profitable, competitive, and consistent with company goals and objectives
Develop and maintain actuarial sound pricing models for all property and casualty products
Design, develop and maintain property and casualty competitive models
Support reserving function by analyzing historical claims data for all property and casualty products
Perform loss, loss adjustment expense and salvage/subrogation reserve studies
Coordinate research activities to obtain information required for rate changes, product design and management decision making
Provide actuarial data, cost analysis and technical assistance in the implementation of all property and casualty products
Assist in personal lines predictive modeling
Assist in corporate budget forecasting and modeling
Assure that rate manual pages, premium determination rules and computer support are in compliance with the rating rules and procedures on file with the Bureau of Insurance for each line of business
All other duties as assigned by the manager and/or VP of Product Management
Qualification
Required
Bachelor's degree in Mathematics, or Statistics or Actuarial Science
Minimum 5 years of experience in the actuarial field supporting rate reviews for Personal and / or Commercial lines insurance products
Minimum of 3 exams in Casualty Actuarial Society or equivalent experience
Extensive PC skills including databases, spreadsheets, and Windows word processing packages
Proven analytical ability
Strong interpersonal skills
Excellent oral and written communication skills
Preferred
Ability to run SQL queries and extract from server
Experience supporting rate reviews and / or reserving at top 10 P&C carriers or another Farm Bureau
Experience supporting new auto or home insurance product development
Company
Virginia Farm Bureau Federation
Virginia Farm Bureau's mission is to protect and enhance the future of Virginia agriculture and our rural communities.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase