The UFG Enterprise Analytics Department is focused on delivering strategically-impactful results by building analytically based solutions that integrate a wide range of internal and external data assets. The ultimate objective of the Enterprise Analytics organization is to help UFG gain and maintain a competitive advantage in how it prices risk and identifies potential loss.
We are seeking a Pricing Actuary to drive the development of actuarial pricing, data analytic, and state filing projects for UFG’s Commercial Property & Casualty’s segment. This individual will work closely with Underwriters and Data Scientists to develop and implement pricing strategies that drive towards profitable growth of our P&C segment. The ideal candidate will possess strong technical and communication skills. We are looking for an individual who is internally motivated, intellectually curious, has the ability to manage multiple projects, and is driven to enhance existing processes.
The Pricing Actuary supports the pricing and reserving of new/renewal business and development of effective premium/rating structure and strategies in support of business objectives. Calculates profit margins on new and renewal business. Coordinates, prepares and performs actuarial analysis or analyzes loss and expense reserves. Provides consultation on actuarial models and risk issues. Supports Underwriters on pricing decisions. May oversee the work of less experienced actuaries.
This position must be based in our corporate headquarters in Cedar Rapids, IA. Relocation package is available.