Actuarial Analyst

Company: Grange Insurance Association
Location: Seattle
Posted on: April 10, 2025

Job Description:

Join Grange Insurance Association, a well-established leader in the insurance sector for over 130 years! Headquartered in the city of Seattle, with a footprint stretching across six Western states, we've been protecting families, farms, and businesses with unwavering commitment. As you embark on a fulfilling career with Grange, discover why our average employee tenure surpasses a decade. Make your mark with an organization that values quality, service, and the lasting impact you can bring!This is a hybrid position, requiring a minimum of 2 days in the Seattle office. Think you have what it takes to be a collaborative, forward-thinking Grange team member? Below is a snapshot of what you'd be responsible for:Primary analyst on quarterly rate indications, maintaining proper price level, price structure, and other requirements to achieve profitability and competitive goals.Performs complex work assignments utilizing actuarial analytical tools for pricing, valuation, and/or risk management.Keeps products up to date on vehicle model year/symbols and available zip codes.Performs statistical analysis of rating factors and identifies profit pockets.Research rate filings for competitor offerings and industry trends as well as collaborating with Sales/Distribution for competitor rating analysis.Keeps accurate records of rate history and keeps rate manuals current.Acquires and applies advanced knowledge of the business, its products, and processes.Identifies developing issues or concerns to monitor, provides insight to management, and suggests timely remedies to correct or prevent unfavorable trends.Assists in the design, development, and implementation of highly complex business solutions. What we are looking for in a new team member:Bachelor's Degree and a minimum of two years Actuarial experience. Experience can substitute for education. Must demonstrate commitment to Actuarial certifications. Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.Basic knowledge of ISO, SERFF and SNL circulars, filings, and formsSolid knowledge of Microsoft Office Suite with strong Microsoft Excel skillsFlexibility and willingness to adapt to changing prioritiesExperience using predictive analytics and third-party data for pricing and underwriting developmentExperience using actuarial modeling software, creating models for pricing, valuation, and/or risk managementSQL, SAS, R and/or Python programming skillsExperience using Microsoft PowerBIComprehensive Benefits:Pay Range: $72,933-$132,513Flexible hybrid work schedule (2 days per week in Seattle office required)Medical, Dental, and Vision plans401(k) plan with up to 5% matchEmployer sponsored LTD, life insurance, and AD&DDiscretionary profit sharing and bonusesFully subsidized ORCA card and/or free parking for Seattle employeesEducation ReimbursementOn-Site Fitness CenterOpportunities for career growth and advancement within the organization.A supportive and collaborative work environment.Ongoing training and professional development opportunities. How to Apply:If you are passionate about helping people, and want to continue to expand your pricing, reserving and product development experience, and are ready to join a dynamic team, we encourage you to apply. Grange Insurance Association is an equal opportunity employer and welcomes all qualified candidates to apply. Grange Insurance Association is committed to ensuring a diverse and inclusive workplace where all employees are treated with respect and dignity. We encourage applications from candidates of all backgrounds and experiences.Compensation details: 72933-132513 Yearly SalaryPI580a24faf4f1-25660-37365937

Keywords: Grange Insurance Association, Bellevue , Actuarial Analyst, Professions , Seattle, Washington