Actuarial Analyst I Job at United Fire & Casualty, Cedar Rapids, IA

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  • United Fire & Casualty
  • Cedar Rapids, IA

Job Description

UFG is looking for an entry-level Actuarial Analyst I candidate striving to make a difference at a growing, innovative company. Within the Actuarial Department, you'll have the opportunity to contribute through statistical and financial analysis of risk and sharing these insights with leaders across the organization. The ideal candidate in this role will have a strong technical background, a desire to learn and develop, and an ability to collaborate with the team on assigned projects. This specific position focuses on driving profitable growth in our Core Commercial segment through the development and execution of pricing models and rate strategies. This role is part of the Actuarial Student Program at UFG and is eligible for exam support through study hours and financial benefits. Responsibilities: Learn and apply actuarial techniques and principles to all work products Refresh actuarial analyses with supervision, including countrywide and state-specific indications Recommend, execute, and monitor profitability strategies, in partnership with Underwriting and product owners Identify and improve process efficiencies within scope of work Support preparation of all required documentation for rate filings Effectively communicate progress and results of various analyses to management and customers Other special projects as assigned Qualifications: Education: One CAS exam required; two exams preferred Pursuing ACAS/FCAS designation Undergraduate degree in Mathematics, Actuarial Science, Statistics, Economics, or related field of study Experience: 0-2 years of related commercial property & casualty experience, preferably actuarial experience Knowledge, skills & abilities: Effective verbal and written communication skills Exposure to actuarial techniques and standards Ability to be agile and thrive in a dynamic work environment; independently motivated Proficient with Microsoft Office products including Excel, Power Point, Word Experience with SQL, R, Python preferred Working Conditions: General office conditions not subject to adverse environmental conditions Disclaimer The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and skills required. Additional tasks and requirements may be assigned, as necessitated by business need. UFG retains the right to modify the description of this job at any time. United Fire & Casualty

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