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Job description
Job Title: P/C Senior Actuary
Location: Bloomington, IL (Hybrid: 3 days onsite, 2 days remote)
Work Arrangement: Hybrid (Full-Time)
Compensation: $110,000 $150,000 per year
Placement Fee: 7%
Estimated Payout: ~$7,700 $10,500
Payment Timeline: 90 days
About the Organization
Our client is a prominent leader in the Insurance domain, dedicated to providing high-quality financial security and protection services. They maintain a strong focus on data-driven decision-making, operational excellence, and professional development. The organization fosters a collaborative culture where actuarial experts play a pivotal role in shaping product strategy, risk management, and long-term profitability.
Role Overview
We are seeking a P/C Senior Actuary to develop complex actuarial formulas, provide strategic risk consultation, and influence management decisions regarding products, underwriting, and profitability. This role focuses on Auto and Home pricing, actuarial modeling, and reserving. You will lead multi-functional projects, conduct research for rate adjustment proposals, and provide essential actuarial support for state insurance department filings.
Key Responsibilities
Core Actuarial Functions: Develop complex actuarial formulas and provide strategic risk consultation to influence leadership decisions on products and profitability.
Project Leadership: Lead multi-functional projects; specialize in rating, pricing structures, and rate evaluation for new and existing product ideas.
Compliance & Research: Research data for rate adjustment proposals and reserve estimates; provide actuarial support for state insurance department filings.
Strategic Influence: Translate complex actuarial findings into clear, actionable business recommendations for internal stakeholders.
Required Qualifications
Experience: 5+ years of Property & Casualty (P/C) actuarial experience, ideally with a focus on Auto and Home pricing.
Credentials: ACAS designation (Associate of the Casualty Actuarial Society) completed, with active work toward FCAS (Fellow of the Casualty Actuarial Society).
Technical Skills: Deep understanding of data modeling and risk management; ability to translate complex data into strategic business insights.
Compensation & Benefits
Competitive base salary: $110,000 $150,000 annually.
Eligible for an annual short-term incentive/bonus.
Comprehensive insurance benefits (medical, dental, vision, disability, and life).
Professional development support and continuous education to maintain actuarial credentials.
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Worksite address
bloomington, IL, 61791, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.