Actuarial Analyst I Job at Erie Insurance
Division or Field Office:
Actuarial Division
Work from:
At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.
We strive to be Above all in Service® to our customers—and to our employees. That’s why Erie Insurance offers you an exceptional benefits package, including:
- Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
- Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
- A pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
- A 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
- Paid vacation, personal days, sick days, bereavement days and parental leave.
- Career development, including a tuition reimbursement program for higher education and industry designations.
- Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts, up to $12,500 a year.
Position Summary
Conducts basic actuarial reviews for P/C lines of business. Collects and analyzes data, develops and presents proposals, compiles state insurance department filings and coordinates the implementation of actuarial changes with other areas of the company.
Duties and Responsibilities
- Conducts basic actuarial analyses, prepares studies, recommendations, state insurance department filings and manual pages, and updates system tables as required. Works closely with experienced departmental staff and learns actuarial techniques, data sources and computer programs as required.
- Creates exhibits, reports, maps and charts for actuarial and reserve studies, state insurance department filings and rate recommendations. Analyzes ERIE's financial data and industry statistical information and prepares periodic updates for management, using appropriate presentation format.
- Rates, analyzes and responds to inquiries related to premiums and online assistance and provides actuarial assistance to ERIE Agents, branch managers, district sales managers and other divisions and departments throughout ERIE. Completes rate surveys for state insurance departments and research organizations.
- Presents actuarial information to management and communicates actuarial changes to other departments as required.
- Acts as a project coordinator for actuarial data processes. Works with other areas of the company as necessary.
- Develops and maintains automated procedures to improve work flow and productivity.
- Develops and applies a basic knowledge of actuarial procedures used by ERIE, competitors and governmental bodies.
- Visits field offices and/or Agent meetings as required to present actuarial information.
- Completes special projects as required.
The first four duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.
This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become clear.
Competencies
Qualifications
Bachelor's degree in mathematics or a related field required. Successful completion of one actuarial exam and demonstrated exam progress required. Basic knowledge of spreadsheet, database and related software required. Some previous programming experience preferred.
Physical Requirements
Nearest Major Market: Erie
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.