Senior Pricing Actuary

at  Central Mutual Insurance Company

Location: Remote or Hybrid Work Model-Van Wert or Dublin, OH
We are a team of employees who are passionate to deliver best in-class customer service and innovation in the industry. It’s because we put Integrity, Relationships and Excellence in all aspects of our work.
Our employees have the opportunity to fully utilize their talents and bring their best self. We believe that who you are is just as important as what you do!
If you are a problem-solver with a service first mentality and a passion for helping people, come join our team!
As a Senior Pricing Actuary in Commercial Lines Department, you will be instrumental in conducting thorough risk assessments, refining pricing models, and providing strategic insights, all while leveraging data-driven approaches.

How You’ll Make an Impact

• Ownership of rate level indications and the communication of results to Home Office and Regional personnel
• Prepare in-depth analyses of statistical experience and communicate the results to Home Office and Regional personnel
• Collaborate with Actuarial leadership on pricing strategy
• Ownership of actuarial portions of rate filings, including responding to questions raised by the various insurance departments.
• Support the business by identifying, building, and owning special projects that proactively meet the needs of the parties involved
• Act as a liaison with Rate Committee, including presenting actuarial pricing strategy, evaluating rate proposals, and advising on the impacts of actions being proposed
• Complete peer review as well as review of Actuary/Sr. Analyst/Analyst work to ensure quality of work products
• Ownership of communication with Central leadership, as well as external stakeholders and vendors.
• Ownership of the programming and development of repeatable processes to manipulate and query data
• Shepherd the continuous improvement of Actuarial processes and procedures based on industry trends and best practices in collaboration with the Research and Development Actuarial team.
• Ownership of any ad hoc projects as assigned
• Complete pricing and rate analysis as needed
• Train others on Actuarial tasks as needed
• Monitor Actuarial Department communications for opportunities to collaborate and drive consistency in actuarial work products

What You’ll Bring

• ACAS/FCAS Designation
• Master’s degree in Mathematics, Actuarial science, Statistics, Analytics and 4 years of experience in an actuarial position or insurance pricing
• Or Bachelor’s degree in Mathematics, Actuarial science, Statistics, Analytics and 6 years of experience in an actuarial position or insurance pricing
• Or 8 years of experience in in an actuarial position or insurance pricing
• Strong skills with programming languages such as Python, SQL, R, SAS and VBA
• Possesses analytical and problem-solving skills
• Strong math skills Possesses multi-tasking and prioritization skills
• Ability to understand Central Insurance’s policies and processes
• Possesses excellent communication and presentation skills

It is the policy of Central that all recruiting, hiring, training, compensation, overtime, job classification and assignment, facilities, promotions, transfers, employee treatment and all other terms and conditions of employment shall be maintained in a manner which will not discriminate against any person because of race, color, age, sex, national origin, ancestry, religion, marital status, military status, or disability. The applicant should respond to questions on this application in a way that will not divulge such information. #LI-Remote #LI-Hybrid #LI-CM

Please refer the Job description for details