Actuarial Analyst
Rural Mutual Insurance • Madison, WI, US
Posted 2 hours ago
Join Rural Mutual Insurance's Actuarial team and help drive data-informed decisions that support profitable growth and business success. The Actuarial Analyst performs pricing, reserving, forecasting, and analytical work within a Property & Casualty insurance environment. This position works closely with Underwriting, Claims, Finance, Product Development, and Leadership to analyze business performance, evaluate risk, support regulatory requirements, and provide strategic recommendations. In this role, you’ll receive competitive compensation based on experience, education, and actuarial exam progress, plus actuarial exam support and professional development opportunities.
This is a remote position with periodic on-site presence required. Candidates must live and work in Wisconsin and have eligibility to work in the United States without sponsorship.
At Rural Mutual Insurance, we are dedicated to fostering a supportive and collaborative work environment. We offer a comprehensive compensation package, including health, dental, and vision insurance, a matching 401(k), and generous time off. Our commitment to career growth is unwavering, and we take pride in our A+ AM Best financial strength rating and recognition as a Madison Magazine Best Place to Work.
Join a team where your skills are valued and where you'll find ample opportunities for professional development. Let's make a difference together—apply today!
Analyze rate adequacy, profitability, and product performance using actuarial and statistical techniques.
Conduct pricing, reserving, and forecasting analyses.
Develop, maintain, and validate actuarial models and reports.
Collect, validate, and analyze internal and external data.
Support rate filings, actuarial documentation, and regulatory compliance activities.
Monitor claims trends, loss experience, and reserve adequacy.
Partner with business teams to provide data-driven insights and recommendations.
Prepare reports, exhibits, and presentations for management.
Pursue actuarial credentials through the Casualty Actuarial Society (CAS).
Depending on qualifications, responsibilities may include independently leading complex analyses, applying predictive modeling techniques, and provide guidance to less experienced analysts.
Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Data Science, or a related quantitative field.
Successful completion of one or more CAS examinations preferred. (Exam progress is a factor in determining salary)
One to five years of actuarial experience in Property & Casualty insurance, actuarial consulting, or a related environment. (Experience is a factor in determining salary)
Strong analytical, problem-solving, and quantitative skills.
Proficiency in Microsoft Excel.
Experience with SQL, Python, R, SAS, Power BI, or similar analytical tools is preferred.
Experience with pricing, reserving, predictive modeling, or regulatory filings is preferred.
Compensation
$70,000 - $90,000; based on qualifications and experience
What You'll Love About Rural Mutual Insurance:
We are a leading property and casualty insurance company based in Wisconsin, well known for our financial strength and longevity in the insurance industry. Our reputation in the marketplace ensures stability and opens up numerous growth opportunities for our employees.
We created a welcoming place to work with friendly and professional leadership. We are known for the great care we take with our staff, our agents, and our customers. We are passionate and determined about delivering the best customer service, preserving insurance industry knowledge, and making a difference through the work that we do.
We believe in a healthy work/life balance and, to that end, offer a competitive and comprehensive compensation package including health, dental, life, LTD, and vision insurance as well as an employee bonus plan, matching 401(k) plan, and generous time off benefits. Rural Mutual is an Equal Opportunity employer.
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