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PC Reserving Actuary

Country Financial
  • Bloomington, IL
  • $91,600–$125,950 Per Year
30+ days ago

Job Description

Experience more with a career at COUNTRY Financial!

We're excited you're interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients.

About the role

The Actuarial Reserving Analyst supports monthly storm reserve analysis, quarterly reserve analyses across all lines, loss development studies, and advanced research across multiple P&C lines. This role performs deep-dive actuarial analyses, interprets emerging loss trends, partners closely with Claims and Finance, and contributes to the refinement of methodologies and assumptions. The position is part of the actuarial exam program and includes dedicated study time.

How does this role make an impact?

  • Develops and maintains spreadsheet, database and reserving software files for reserve analyses. - Inputs reserves to the general ledger. Verifies and monitors account balances. - Uses data query programs to obtain data from company data sources. Reviews data for accuracy and reasonableness. - Conducts loss and loss adjustment reserve analyses, according to financial reporting requirements. - Communicates results to direct management and/or company management, verbally, in writing, or in presentation form.

Do you have what we're looking for?

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.

  • 3+ years of P&C actuarial experience.

  • Successful progress toward ACAS (3-6 exams preferred)

Base Pay Range:

$91,600-$125,950

The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.

Incentive Pay:

In addition to base salary, this position is eligible for a Short-Term Incentive plan.

Why work with us?

Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We're a big company, yet small enough you can make an impact and won't get lost in the shuffle. You'll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

You'll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.

Come join our team at COUNTRY today!

Numbers & Facts

LocationBloomington, IL
IndustryInsurance
Salary$91,600–$125,950 Per Year
Year Founded1925
Websitehttps://www.countryfinancial.com/

About Company

COUNTRY® Financial is a highly rated Fortune 1,000 insurance and financial services company. We’ve been around since 1925 and offer a full range of insurance and financial services from auto, home and life insurance to estate planning services, investment management and annuities.

Our passion is helping families achieve financial security, no matter where they’re starting from –and we are actively looking for entrepreneurial-spirited individuals who share this passion to join our agency team.
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Skills

  • Actuarial Skillsunmatched
  • Analysis Skillsunmatched
  • Database Administrationunmatched
  • Financeunmatched
  • Financial Reportingunmatched
  • General Ledger Accountingunmatched
  • Insuranceunmatched
  • Investment Servicesunmatched
  • Mathematicsunmatched
  • Small Companyunmatched
  • Spreadsheetsunmatched
  • Statisticsunmatched

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