Senior Property & Casualty Actuarial Analyst

Are you an experienced actuarial professional looking for a challenging and rewarding career opportunity? Look no further than State Farm! We are seeking a highly skilled Senior Property & Casualty Actuarial Analyst to join our dynamic team. In this role, you will play a critical role in analyzing and evaluating our insurance products and helping us make informed business decisions. If you have a strong background in actuarial science and a passion for data analysis, we want to hear from you! Keep reading to learn more about this exciting opportunity.

1. Analyze insurance data: The Senior Property & Casualty Actuarial Analyst will be responsible for analyzing and evaluating insurance data to determine the financial impact of various insurance products.
2. Make data-driven recommendations: Based on the analysis of insurance data, the Senior Property & Casualty Actuarial Analyst will provide recommendations on pricing, product development, and risk management strategies to help the company make informed business decisions.
3. Conduct research: The Senior Property & Casualty Actuarial Analyst will be responsible for conducting research on industry trends and developments to stay updated on the latest actuarial practices and techniques.
4. Develop and maintain actuarial models: This role will be responsible for developing and maintaining actuarial models and tools to support the analysis of insurance data.
5. Collaborate with cross-functional teams: The Senior Property & Casualty Actuarial Analyst will work closely with cross-functional teams such as underwriting, claims, and finance to gather relevant data and insights for analysis.
6. Communicate findings: The Senior Property & Casualty Actuarial Analyst will be responsible for presenting their findings and recommendations to internal stakeholders, including senior management, in a clear and concise manner.
7. Ensure compliance: This role will be responsible for ensuring compliance with regulatory requirements and company policies in all actuarial analyses and processes.
8. Mentor junior analysts: The Senior Property & Casualty Actuarial Analyst will provide guidance and mentorship to junior analysts and interns to support their development and growth within the company.
9. Stay updated on industry developments: The Senior Property & Casualty Actuarial Analyst will stay updated on industry developments and changes in regulations to ensure that the company's actuarial practices are in line with industry standards.
10. Contribute to continuous improvement: This role will actively seek opportunities for process improvement and contribute to the continuous improvement of actuarial processes and methodologies within the company.

According to JobzMall, the average salary range for a Senior Property & Casualty Actuarial Analyst in Bloomington, IL, USA is $75,000 - $100,000 per year. This can vary depending on the specific company, years of experience, and other factors. Some companies may offer higher salaries or additional benefits such as bonuses, stock options, and healthcare benefits. It is important to research and compare job offers to determine the best salary for your specific qualifications and experience.

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