P/C Senior Actuary

Position

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

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.