P/C Actuarial Analyst 2 (Direct Hire)

Job title:

P/C Actuarial Analyst 2 (Direct Hire)

Company

RaiZan Solutions

Job description

P/C Actuarial Analyst 2Hybrid – Bloomington, ILRaizan Solutions LLC is hiring for their client as a direct hire. We do not charge candidates.Key Details:

  • Position Type: Full-time, Hybrid (Bloomington, IL)
  • Relocation: Available (Nationwide)
  • Bonus Eligibility: 6% annual bonus
  • Sponsorship: Not available
  • Equity: Not included
  • Direct Reports: No
  • Work Hours: Not flexible
  • New Position: Yes

Non-Negotiable Requirements:

  • Property/Casualty (P/C) experience is required.
  • Position can be filled at Level 2 or Level 3 (Senior Level), so a few years of experience is expected.
  • Must have completed 3-5 actuarial exams.

Nice-to-Have Skills:

  • Local candidates to Bloomington, IL preferred.

Position Overview:The P/C Actuarial Analyst 2 plays a critical role in developing actuarial formulas that drive strategic decision-making for pricing, underwriting, risk management, and profitability. This role specializes in pricing/product development, which includes determining rating and pricing structures, premium evaluations, and risk assessment for new and existing insurance products.The ideal candidate will have the ability to:

  • Provide consultation and insights on actuarial models and risk issues that impact the business.
  • Influence management towards strategic pricing and profitability decisions.
  • Work on multiple actuarial projects across teams and business units.
  • Support product line managers in premium rate structures, profit forecasting, and other actuarial determinations.
  • Stay up to date on actuarial techniques, industry regulations, and product development trends.

Key Responsibilities:

  • Research and analyze complex data to support rate adjustments, reserve estimates, and economic capital modeling.
  • Develop and propose solutions for actuarial or product management challenges.
  • Prepare actuarial filings for state insurance departments and implement new rate structures.
  • Support business decisions by providing data-driven insights to senior leadership.
  • Contribute to special actuarial projects within a defined scope.
  • Represent the Actuarial team in project committees and business initiatives.
  • Pursue a Casualty Actuarial Society designation (ACAS level required) and maintain continuing education credits.

Company Culture & Career Growth:This role is an exciting opportunity to make an impact within a company that values innovation and collaboration. Our employees and representatives serve nearly one million households with a diverse range of insurance, retirement, and investment products.

  • Work in a company that is big enough for career advancement but small enough where your contributions are noticed.
  • Collaborate with cross-functional teams to develop industry-leading insurance solutions.
  • Access strong career development resources to grow your skills and knowledge.

Comprehensive Benefits Package:

  • Health Benefits: Medical, Dental, Vision, Disability, and Life Insurance.
  • Retirement Plans: 401(k) with company match.
  • Paid Time Off: Vacation and company holidays.
  • Professional Development: Support for actuarial exams and continuing education.

Apply Today!If you have strong P/C actuarial experience, a solid understanding of pricing and product development, and are looking for a career with impact, we encourage you to apply now!

Expected salary

Location

Bloomington, IL

Job date

Wed, 05 Mar 2025 23:05:17 GMT

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