We are Farmers!
We are… more than just your favorite commercials. We are a passionate, award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! We are Farmers!
Do you thrive in a high-volume, fast-paced environment? Do you enjoy the challenge of a position where no two days are alike? We are looking for positive, high-energy professionals who are not just looking for a job, but a meaningful career!
About the role...
The senior actuarial analyst role supports a variety of actuarial activities while being supported in their ongoing progress towards earning their actuarial credentials.
What you'll accomplish...
• Performs actuarial analysis of loss and loss adjustment expense reserves; performs and analyses the testing of alternative methodologies needed to reflect changes in operational procedures, legislation and current claims cost trends.
• Prepares correspondence and required exhibits in connection with financial reporting, including IFRS17.
• Build and Implement process improvement initiatives
• Partners with colleagues to cross-train and share in each other’s development.
• Performs special actuarial projects as assigned.
• Performs other functions as assigned.
• Demonstrates satisfactory ongoing progress toward actuarial designation(s).
Education needed...
High school diploma or equivalent required. Bachelor’s degree preferred with at least a minor in mathematics or related field, and passed five Casualty Actuarial Society exams. Continue educational development in related job field.
Experience needed...
Two years in the Actuarial Department including one year as an Actuarial Analyst.
Special skills needed...
• Experience using SAS and/or other tools (Excel, Python, R)
• Reserving experience preferred
• Strong analytical and communication skills
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $80,480 - $116,300
o CO Only: $75,440 - $100,600
o New York City, NY/Westchester County: $93,040 - $116,300
o WA Only: $80,480 - $107,500 - Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
- For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
Job Location(s): R_US - RW - Remote Work
Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Working at
Farmers Insurance
Farmers Insurance is a leading provider of insurance products and services in the United States. The company offers a wide range of coverage options for individuals, families, and businesses, including auto, home, life, and business insurance. Founded in 1928, Farmers Insurance has grown to become one of the largest and most respected insurance companies in the country. One of the key strengths of Farmers Insurance is its extensive network of agents and brokers. These professionals are trained to help customers find the right coverage for their needs, and they are supported by a team of underwriters, claims adjusters, and other specialists. This allows Farmers Insurance to provide personalized service and support to its customers, which is one of the reasons why the company has such a strong reputation. Another important aspect of Farmers Insurance is its focus on innovation and technology. The company is constantly looking for new ways to improve its products and services, and it has invested heavily in cutting-edge technology such as telematics and data analytics. This allows Farmers Insurance to offer more tailored and customized coverage options to its customers, and to respond more quickly and effectively to claims. Overall, Farmers Insurance is a great choice for anyone looking for a career in the insurance industry. The company offers a variety of opportunities for growth and development, as well as a supportive and collaborative work environment. And with a commitment to innovation and technology, Farmers Insurance is well-positioned to continue to be a leader in the insurance industry for many years to come.