We are Farmers!
You may know us from our We believe in Smart advertisements, “We know a thing or two, because we’ve seen a thing or two”
Did you know we are a certified Great Place to Work?
Join a team of diverse professionals at Farmers to acquire skills on the job and apply your learned knowledge to future roles at Farmers. Farmers Insurance also offers extensive training opportunities through the award winning University of Farmers named by Training magazine amongst top 10 corporate training units in the world. Visit our website and follow our social accounts to learn about more our opportunities and company culture!
What you’ll do…
Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance; performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation and the pricing of new products.
Here’s what you’ll accomplish in this role…
Analyzes and recommends revisions in rates and rating plans for assigned lines of insurance. Performs actuarial analysis and research concerning present and proposed rating plans, proposed or recently enacted legislation affecting the actuarial function, and the pricing of new products. Performs actuarial analysis required to support rate filings with regulatory authorities. Represents Actuarial Department through participation in inter- departmental meetings, and discussions with other Home Office departments and regional personnel. Assists in the training and development of professional actuarial personnel as assigned. Performs special actuarial assignments requiring professional expertise. Performs actuarial analysis of loss and loss adjustment expense reserves; and performs and analyzes the testing of alternative methodologies needed to reflect changes in operational procedures, legislation and current claims cost trends. Performs other functions as assigned.
Required job duties are essentially sedentary work consisting of occasional walking, standing and lifting and/or carrying 10 lbs. maximum. Functional ability of seeing, hearing and speaking is required.
Required job duties are normally performed in a climate controlled office environment with occasional travel by car or airplane.
Experienced ACAS or Fellow of the Casualty Actuarial Society (FCAS).
Three to five years Actuarial experience preferred, including one year as an Associate Actuary, ACAS.
Experience in P&C, preferrably Commercial
Strong communication skills
Experience presenting to Leadership as well as in-person or online audiences
Strong experience in systems such as SQL, SAS, R, Python, Excel, etc.
Candidate qualifications may be reviewed against the requirements for the associated levels of this position’s core function.