Actuarial Analyst 2 at Ohio Farmers Insurance Company in Westfield Center, Ohio

Posted in Other 12 days ago.





Job Description:








BUILD YOUR FUTURE, WHILE PROTECTING THEIRS.

You will be challenged. Rewarded. And valued for your unique experience, background and perspective.

Join a team where hard work pays off and original thinking is celebrated. As you build your future at Westfield, you will quickly learn that protecting our customer's future is at the heart of what we do. We deliver on our promise to help restore lives and rebuild businesses when the unexpected happens. Building relationships has been a part of our culture since 1848.

Be a part of a team that recognizes and appreciates those who take initiative, seek opportunity and strive for innovation in a changing world.

Actuarial Analyst 2 Job Summary

Location: Westfield Center, OH (could be open to remote worker within our operating territory)

Salary Range: $74,121 - $96,357

Under general supervision, conducts analyses, provides recommendations, and/or participates in special projects of an actuarial nature. Determines loss and loss expense reserve recommendations. Prepares state filing material and develops management reports. Credit for completion of 3 or more CAS exams and a minimum of 3 years' experience are necessary for success in the Actuarial Analyst 2 role.

Essential Functions (primary functions and/or reasons the job exists in order of importance)


  1. Prepares various rate or reserve analyses.

  2. Provides recommendations on pricing matters.

  3. Gives input on pricing and monitoring of new programs.

  4. Determines loss and loss expense reserve recommendations.

  5. Prepares state filing material.

  6. Develops management reports.

  7. Contributes to the communication and coordination of activities to support corporate objectives.

  8. Develops and expands knowledge of generally accepted actuarial methods.

  9. Develops and maintains adequate knowledge and awareness of industry activities through attendance at seminars, reading trade journals and magazines, and through personal contact with other insurance companies, state regulatory bodies and professional affiliations.

  10. Develops and expands knowledge of relevant tools and technologies.

  11. Travels occasionally in order to participate in special assignments, training, and/or travel between office locations.

Desired Qualifications/Experience/Certification/Education (in order of importance)


  1. Demonstrated basic knowledge of actuarial techniques and property and casualty insurance.

  2. Minimum of 3 years of P&C experience.

  3. BS or BA degree in actuarial science, mathematics, or related field or commensurate experience.

  4. Credit for completion of three or more CAS exams.

  5. Demonstrated competency with MS Excel, MS Word with preference for MS Access and SAS/programming skills.

  6. Strong written and oral communication skills

  7. Valid driver's license and a driving record that conforms to company standards.

Physical Requirements (specific to the role)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.


  • Ability to work effectively in an office environment for 40+ hours per week (including sitting, standing and working on a computer for extended periods of time).

  • Ability to communicate effectively in a collaborative work environment utilizing various technologies such as: telephone, computer, web, voice, teleconferencing, e-mail, etc.

  • Ability to travel as required.

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

Member companies of the Westfield Group are Equal Opportunity Employers (M/F/Disabled/Protected Veteran).

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