Managing Actuary

Managing Actuary

Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership, and accountability are at the heart of every decision we make and every action we take. Were proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.

What Youll Do: As a managing actuary you will direct preparation of rate and reserve recommendations using advanced actuarial techniques and assist in their implementation to assure improved critical success factors. Other duties may include:

• Assist senior management in making sound financial decisions and plans by directing the timely and accurate preparation and reporting of financial data including pricing, budgeting, reserving, and reinsurance data.
• Contribute in meeting corporate goals for profit, growth, and service by directing the development of rates and rating plans and their implementation based on seasonal actuarial experience, as applicable.
• Manage competitive intelligence and predictive modeling work including data manipulation, model selection, formalizing recommendations, communication of results and implementation.
• Accountable for developing business requirements, selecting appropriate statistical models, organizing data and resolving data inconsistencies, and overseeing implementation.
• Utilize statistical analysis and predictive modeling, perform analysis on external and internal data to develop strategic responses to current and anticipated market conditions and changes.
• Contribute to meeting departmental goals by managing an actuarial staff including selecting, training, and motivating the actuarial staff.

What It Takes to Join Our Team:

• Fellow of Casualty Actuarial Society (FCAS) designation plus nine years of relevant experience required.
• Must have an expert understanding of computers, programming, SAS, Emblem, technology or company software and personal computer skills and acceptable ability to lead and apply predictive modeling tools and analytics.
• Must have expert knowledge of Property/Casualty insurance industry and to be able to apply advanced actuarial skills to address broad-based insurance programs.
• Must have project and department leadership skills.

If youre interested in joining a company that appreciates its employees, provides growth and professional development opportunities, and offers great benefits, we invite you to apply today!

Work Authorization/Sponsorship Applicants must be currently authorized to work in the United States on a full-time basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not able to sponsor OPT status.