Senior Actuary
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![]() United States, Wisconsin, Madison | |||||||
![]() 1255 Fourier Drive (Show on map) | |||||||
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Senior Actuary Job Locations
US-WI-West Bend | US-WI-Madison | US-Remote ID
2025-3226
Company Overview Recognized as aMilwaukee Journal SentinelTop Workplace for 14 consecutive years, including three years of being honored as number one! Join us at West Bend, where we believe that our associates are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of thought, experience, and knowledge are valued. We're committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our successes and take pride in serving our communities. Job Summary Lead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making. The Actuary will collaborate with underwriting, finance, claims, and senior leadership to optimize business performance and ensure regulatory compliance. This position offers both remote and hybrid work locations. Candidates who reside within 50 miles of an office location (West Bend, Madison, Appleton) will be offered a hybrid work schedule. Candidates who are fully remote (beyond 50 miles) may occasionally be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events. Responsibilities & Qualifications Summary of Responsibilities Lead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making. The Senior Actuary will collaborate with underwriting, finance, claims, and senior leadership to optimize business performance and ensure regulatory compliance. Develop and refine pricing models, rate indications, and loss cost projections for P&C insurance products. Perform reserve adequacy analyses, including loss development, trend analysis, and financial projections to support statutory reporting. Utilize advanced actuarial techniques, including GLMs, machine learning, and data science methodologies, to enhance risk assessment and profitability. Ensure compliance with actuarial standards of practice, regulatory requirements, and filing obligations with state departments of insurance. Assess underwriting risk and loss trends to guide corporate strategy and portfolio management. Provide technical guidance, mentor junior actuaries, and contribute to professional development within the actuarial team. Preferred Experience and Skills
10 years of actuarial experience in the property/casualty insurance industry
Preferred Education and Training
Physical Demands Light physical demand in an office setting with duties being performed while sitting or standing. Dexterity and vision required for use of computer. Working Conditions Normal office working conditions. The noise level in the work environment is usually quiet. Salary Statement The salary range for this position is $135,920-$169,911. The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, business needs, geographical location, and internal equity. Compensation decisions are made by West Bend and are dependent upon the facts and circumstances of each position and candidate. #LI-BW1 Benefits West Bend offers a comprehensive benefit plan including but not limited to:
EEO West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and promotion. |