Property & Casualty Actuarial Manager

Welcome to State Farm, where we strive to provide our customers with the best insurance services possible. Are you a driven and detail-oriented individual with a passion for numbers and risk assessment? If so, we are seeking a talented Property & Casualty Actuarial Manager to join our team and make a significant impact on our business.As the Property & Casualty Actuarial Manager, you will play a critical role in developing and implementing actuarial strategies to assess and manage risk within our property and casualty insurance products. Your expertise in data analysis and forecasting will be utilized to make sound business decisions and ensure the financial stability of our company.To be successful in this role, you must possess a Bachelor's degree in Mathematics, Actuarial Science, or a related field, and have at least 5 years of experience in the property and casualty insurance industry. You should also hold a professional actuarial designation and have a strong understanding of actuarial principles and practices.At State Farm, we value diversity and encourage individuals of all backgrounds to apply. If you are a team player with excellent communication skills and a strong work ethic, we invite you to join our dynamic team and help us protect what matters most to our customers. Apply now and be a part of a company that truly cares about its employees and its customers.

1. Develop and implement actuarial strategies to assess and manage risk within property and casualty insurance products.
2. Utilize data analysis and forecasting techniques to make sound business decisions.
3. Ensure the financial stability of the company by accurately assessing and managing risk.
4. Collaborate with other departments to develop and implement new insurance products.
5. Monitor market trends and industry developments to stay informed on current insurance practices.
6. Provide guidance and support to the actuarial team in data analysis and risk assessment.
7. Maintain accurate and up-to-date actuarial models and databases.
8. Ensure compliance with state and federal regulations and guidelines.
9. Communicate actuarial findings and recommendations to senior management and other stakeholders.
10. Mentor and train junior actuarial staff.
11. Continuously evaluate and improve actuarial processes and procedures.
12. Maintain a professional actuarial designation and stay up-to-date with industry standards and best practices.
13. Foster a culture of diversity and inclusion within the team.
14. Uphold the company's values and contribute to a positive and supportive work environment.
15. Stay current with advancements in actuarial technology and recommend necessary updates and improvements.
16. Represent the company in a professional and positive manner to customers and stakeholders.
17. Adhere to all company policies and procedures.
18. Attend and participate in relevant industry conferences and events.
19. Collaborate with other departments to develop and implement strategic initiatives.
20. Perform other duties and responsibilities as assigned.

According to JobzMall, the average salary range for a Property & Casualty Actuarial Manager in Richardson, TX, USA is between $117,000 and $150,000 per year. This may vary depending on factors such as the size of the company, years of experience, and level of education.

State Farm is a large group of insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois.