Actuarial Analyst

Company: Grange Insurance Association
Location: Seattle
Posted on: April 10, 2025

Job Description:

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.
      
      Compensation details: 72933-132513 Yearly Salary
      
      
      
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Keywords: Grange Insurance Association, Olympia , Actuarial Analyst, Professions , Seattle, Washington