West Bend Mutual Insurance Company is seeking an Associate Actuary with commercial lines pricing experience to join our Commercial Lines Actuarial team. This position will work under the guidance of the lead Commercial Lines Actuary and will be responsible for building and maintaining the pricing process for a few of our major products. It is expected that this person will become the actuarial leader for the assigned products. In addition, we expect that the position will offer the opportunity to rotate through most major commercial lines products and will give the candidate good exposure to other departments in our company.
Specifically, this roll’s responsibilities include:
Building, updating, and improving pricing models
Calculating, estimating, and documenting rate change impacts
Working with various profit centers to help select rates and factors
Provide actuarial support for filing selected rates and factors
Perform product-related actuarial research and studies
Provide product-related support to other departments
Provide guidance on proper data and data structures to support pricing and analyses
In order to be successful, the candidate will need to be:
Personable and self-motivated with a drive to make continuous improvements
ACAS and 3+ years of commercial lines experience with pricing emphasis
Able to communicate well with underwriters and management
Proficient in Microsoft Excel
Motivated to learn SAS, SQL, and/or other programming languages
Aware of internal and external commercial lines data design, structures, and elements
Additional Salary Information: performance bonus plan
About West Bend Mutual Insurance
Since 1894, West Bend Mutual Insurance has come to stand for excellence through the use of innovative insurance products, steady growth, and financial stability offering property/casualty insurance for homes, autos, businesses and personal property. This reputation for excellence is recognized not only by our policyholders, but by the insurance industry itself. West Bend has been rated A (Excellent) or better by A.M. Best since 1971. West Bend is also consistently ranked at the top by thousands of insurance agents nationwide in an ease-of-doing-business survey conducted annually by Deep Customer Connections, Inc.
Over a hundred years ago, a fire roared through the city of West Bend, WI. This tragedy was one of the worst for our community and touched the lives of many people. Because of that fire, our company was formed. And even then, we began to show that something good can come from something bad.
Over time, people have come to expect this of us. To call with problems and leave with solutions. As time passes, things change. But not our reason for being.
At the core of everything we do lies a simple premise. A sincere desire to help our customers through problems and a...dversity. To make sure that positives come from negative situations. To step up when you need us. To do the right thing.
The worst brings out our best.®
That's The Silver Lining.