Actuarial Analyst

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 forms
• Solid knowledge of Microsoft Office Suite with strong Microsoft Excel skills
• Flexibility and willingness to adapt to changing priorities
• Experience using predictive analytics and third-party data for pricing and underwriting development
• Experience using actuarial modeling software, creating models for pricing, valuation, and/or risk management
• SQL, SAS, R and/or Python programming skills
• Experience using Microsoft PowerBI

Comprehensive Benefits:

• Pay Range: $72,933-$132,513
• Flexible hybrid work schedule (2 days per week in Seattle office required)
• Medical, Dental, and Vision plans
• 401(k) plan with up to 5% match
• Employer sponsored LTD, life insurance, and AD&D
• Discretionary profit sharing and bonuses
• Fully subsidized ORCA card and/or free parking for Seattle employees
• Education Reimbursement
• On-Site Fitness Center
• Opportunities 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.