Principal Actuary

Company: American Family Insurance
Location: Saint Joseph
Posted on: June 1, 2025

Job Description:

Provides the highest level of expert analysis, consulting and project or staff leadership for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. Provides consultation and develops or leads the development of models and projections to enable new start-up organizations.

In this hybrid role, you will work at least 10 days per month from the office. You should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

#LI-HybridPosition Compensation Range:$111,000.00 - $190,000.00Pay Rate Type:SalaryCompensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.Primary Accountabilities* Provides consultation and develops or leads the development of models and projections to enable new start-up organizations.* Provide actuarial expertise and consultation on the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance Leads development of pricing for new products and rating structures.* Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.* Monitors industry and competitor trends to determine potential impact to actuarial strategies and solutions.* Leads projects and/or develops staff.Specialized Knowledge & Skills Requirements* Demonstrated experience providing customer-driven solutions, support, or service.* Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.* Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.* Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.* Extensive knowledge and understanding of forecasting and statistical analysis and modeling.* Solid knowledge and understanding of profitability, growth and risk concepts.* Credentialed in Casualty Actuary Society (FCAS or ACAS).Additional Knowledge and Skills:* Working knowledge of California regulations (Prop 103) and the associated Private Passenger Auto requirements preferred.Licenses* Not applicable.Travel Requirements* Up to 10%.Physical Requirements* Work that primarily involves sitting/standing.Working Conditions* Not applicable.Additional Information:

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
• Offer to selected candidate will be made contingent on the results of applicable background checks
• Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position.We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.#LI-MN2

Keywords: American Family Insurance, Topeka , Principal Actuary, Accounting, Auditing , Saint Joseph, Kansas