Manager, Commercial Lines Actuarial

Company: Farm Bureau Mutual Insurance Company of Michigan
Location: Lansing
Posted on: June 23, 2022

Job Description:

Farm Bureau Mutual Insurance Company of MichiganJob ID: 2022-3564# of Openings: 1Location: Lansing, MICategory: ActuarialCompany Name: Farm Bureau Mutual Insurance Company of MichiganStatus: Regular Full-TimeWork Hours: Monday-Friday, 8:00 a.m.-4:30 p.m.Salary Minimum: USD $125,349.00/Yr.OBJECTIVETo maintain and/or develop actuarial programs, spreadsheets, reports, models, and supporting information for preparation of specific ratemaking, financial reporting, product development, competitive intelligence, and regulatory and analytical tasks. To serve on corporate project teams. To select, supervise and train Actuarial staff. To incorporate new methodologies into actuarial functions.RESPONSIBILITIESDevelop expertise in pricing specific property/casualty (P/C) lines. Coordinate pricing activities with Underwriting, Products and Marketing to achieve corporate objectives. Monitor industry activity related to the actuarial function and incorporate new methodologies into pricing functions.Supervise compilation of financial and statistical data to be used in the pricing of the company's P/C lines. Analyze such data using spreadsheets, databases, reporting and other software. Oversee the evaluating, testing, balancing and updating of related databases.Supervise preparation of competitive analyses.QUALIFICATIONSRequired: Bachelor's degree required, preferably in mathematics, statistics or actuarial science. Four years P/C actuarial experience required. Working knowledge of Microsoft Office products (e.g., Word and Excel) required. Willingness to pursue continuing job-related training and education required. Completion of the Associate of the Casualty Actuarial Society (ACAS) designation required. Preferred: Six years P/C actuarial experience preferred. Three years management experience preferred. Experience in pricing, multivariate analysis, and reserving preferred. Completion of the Fellow of the Casualty Actuarial Society (FCAS) designation preferred.PM19All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.PI181352058

Keywords: Farm Bureau Mutual Insurance Company of Michigan, Lansing , Manager, Commercial Lines Actuarial, Executive , Lansing, Michigan