Managing Actuary

Managing Actuary

Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership, and accountability are at the heart of every decision we make and every action we take. We’re proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.

• Assist senior management in making sound financial decisions and plans by directing the timely and accurate preparation and reporting of financial data including pricing, budgeting, reserving, and reinsurance data.
• Contribute in meeting corporate goals for profit, growth, and service by directing the development of rates and rating plans and their implementation based on seasonal actuarial experience, as applicable.
• Manage competitive intelligence and predictive modeling work including data manipulation, model selection, formalizing recommendations, communication of results and implementation.
• Accountable for developing business requirements, selecting appropriate statistical models, organizing data and resolving data inconsistencies, and overseeing implementation.
• Utilize statistical analysis and predictive modeling, perform analysis on external and internal data to develop strategic responses to current and anticipated market conditions and changes.
• Contribute to meeting departmental goals by managing an actuarial staff including selecting, training, and motivating the actuarial staff.

• Fellow of Casualty Actuarial Society (FCAS) designation plus nine years of relevant experience required.
• Must have an expert understanding of computers, programming, SAS, Emblem, technology or company software and personal computer skills and acceptable ability to lead and apply predictive modeling tools and analytics.
• Must have expert knowledge of Property/Casualty insurance industry and to be able to apply advanced actuarial skills to address broad-based insurance programs.
• Must have project and department leadership skills.

If you're interested in joining a company that appreciates its employees, provides growth and professional development opportunities, and offers great benefits, we invite you to apply today!