We are seeking a Predictive Modeling VP to oversee the development and implementation of predictive modeling analytics for the property and casualty insurance companies. This role has a direct impact on the organization’s critical success factors.
Who We Are:
At Farm Bureau Financial Services, we make insurance simple so our client/members can feel confident knowing their family, home, cars and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership and accountability are at the heart of every decision we make and every action we take. We’re proud of our more than 75-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.
What You’ll Do:
As the Predictive Modeling VP in the P/C Product Development and Pricing area, you will be responsible for:
Managing and directing all predictive modeling work from data manipulation, model selection, formalizing recommendations, and communicating results and implementation.
Advancing the company’s ability to complete and implement predictive modeling projects that follow industry best practices through industry knowledge, external contacts, use of superior technology and advanced statistical techniques.
Formulating strategic direction of the company’s predictive modeling in all areas to improve a variety of business metrics, and communicate strategy to the property and casualty management team.
Working closely with underwriting, products & pricing, claims, sales, marketing and other areas to ensure predictive models support optimal segmentation strategies.
Overseeing all staff development aspects including the selection, training/development, disciplining/performance review, salary administration, referring employee complaints, controlling workflow, motivation of employees, and assigned budget activities.
What It Takes to Join Our Team:
College degree (actuarial, economics, mathematics or statistics) or equivalent plus twelve years of relevant experience required.
Fellow of Casualty Actuarial Society (FCAS) designation and/or Advanced Degree in related fields preferred.
Must have an expert understanding of computers, programming, SAS, predictive modeling software with Emblem experience preferred, technology or company software and personal computer skills and ability to lead and apply predictive modeling tools and analytics.
Must have expert knowledge of Property/Casualty insurance industry pricing and business related areas and to be able to apply advanced predictive modeling and actuarial skills to address broad-based insurance problems.
Project and department leadership skills are essential to be successful in this role.
Must be a self-starter who is detail oriented and able to prioritize multiple projects.
Proven ability to do in-depth analytical, problem solving and organizational skills to address complex multi-line issues.
Ability to work collaboratively in a team environment.
What We Offer You: When you’re on our team, you get more than a great paycheck. You’ll hear about career development and educational opportunities. We offer an enhanced 401K with a match, low cost health, dental, and vision benefits, and life and disability insurance options. We also offer paid time off, including holidays and volunteer time, casual Fridays and teams who know how to have fun. Add to that an onsite wellness facility with fitness classes and programs, a daycare center, a cafeteria, and even an onsite medical clinic. If your values align with ours, we invite you to join Farm Bureau Financial Services…where the grass really IS greener!
Additional Salary Information: Targeted bonus of 15%
FBL Financial Group, Inc. is a holding company whose purpose is to Protect Livelihoods and Futures. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses. FBL also manages all aspects of two affiliated property-casualty companies (Farm Bureau Property & Casualty Insurance Company and... Western Agricultural Insurance Company).
Farm Bureau Financial Services is our go-to-market consumer brand. Through a network of exclusive agents, the companies that make up Farm Bureau Financial Services (Farm Bureau Property & Casualty Insurance Company, Western Agricultural Insurance Company and Farm Bureau Life Insurance Company) market property-casualty, life insurance and annuity products in 14 Western and Midwestern states. Employees who support these companies are employees of FBL Financial Group.
Farm Bureau Financial Services insures client/members in rural and urban areas and everywhere in-between. Our story began in 1939 in Des Moines, Iowa, when the state Farm Bureau founded Iowa Farm Mutual Insurance Company to meet the unique liability insurance needs of farmers. As the company grew, services including auto insurance, home and property insurance, and life insurance were added. Today our 1,600 employees and nearly 4,000 agents and staff protect livelihoods and futures.