MBG’S PHONE LINES WILL BE OUT MAY 21; REPORT CLAIMS ONLINE THAT DAY
Mutual Benefit Group will perform maintenance on its phone system this Saturday, May 21. All phone lines will be down that day. If you need to report a claim, go to https://www.mutualbenefitgroup.com/submit-claim/, or call at 8 a.m. on Monday, May 23.

Actuarial Analyst I, II, or III

Business Owners

JOB SUMMARY: 

Actuarial Analysts are the core engineers of our actuarial pricing analysis. As a key part of our Insurance Analytics team, this position will assist in setting rates for our various insurance products. On a typical day, this may include extracting and analyzing premium and loss data, using applications and statistical programs, evaluating results for reasonability and communicating observations to help achieve bottom-line goals. Actuaries at Mutual Benefit Group do more than crunch numbers – they tackle a variety of problems such as developing and enhancing products, designing reports to improve decision-making, forecasting and assessing industry trends and presenting findings and recommendations to senior management.

Core Job Duties & Responsibilities:

  • Participate in strategic discussions across all product lines of business – Automobile (Personal & Commercial), Homeowners, Dwelling Fire, Business Owners (BOP), Artisan Contractors, Workers Compensation and Umbrella.
  • Develop skills and knowledge necessary to perform essential actuarial pricing functions through formal training and self-initiated learning opportunities.
  • Support the rate review process by preparing rate indications, analyzing specific components of rating, developing pricing proposals and calculating impacts on our book of business.
  • Evaluate success and drive continuous improvement in product enhancements.
  • Solve complex business problems by leveraging the analytical and actuarial techniques.
  • Create new reports and tools for improved data consumption throughout the organization.

About the Team:

The Insurance Analytics team was formed in 2016 with the foundational goal of creating a data-driven decision-making process that will lead to more competitive offerings and improved product performance. The team is responsible for the actuarial pricing of new and existing insurances products, along with shared responsibility for product management and compliance functions for the organization.

Minimum Job Requirements:

Education:  Applicants must possess a Bachelor’s or higher degree in Mathematics, Computer Science, Actuarial Science, Statistics, Economics or related analytics-oriented discipline. At least one Actuarial exam completed (P preferred) and dedication to reaching the Fellowship level.

Experience: No prior work experience required.

Skills/Competencies:

  • Intermediate programming skills, including VBA, SQL, or related.
  • Strong spreadsheet skills in Microsoft Excel.
  • Proven mathematical, analytical, and quantitative skills.
  • Demonstrated ability to solve problems systematically and creatively.
  • Constant attention to detail.
  • Excellent listening and communication skills, including written and verbal.
  • Ability to work both independently and as part of team.
  • Self-motivated with a get-it-done attitude.
  • Effective time management skills, including the capability to balance multiple projects with competing deadlines.
  • Excellent judgment and decision-making ability.
  • Takes initiative on projects and assignments.
  • Takes initiative on projects and assignments.
  • Excellent listening and communication skills (both verbal and written).

ADDITIONAL INFORMATION

Full benefits package, including PPO health, dental reimbursement, vision, 401(k) and Roth 401(k), and PTO, starts the first of the month following employment.

Please visit our website to learn more about us and why you might want to work with us.

Equal Opportunity Employer.

Best Places to Work in PA Employer 2009, 2010, 2011, 2012, 2013, 2014, 2017, 2018.

Posted on April 27, 2022.

 

“In 2021, Mutual Benefit
Group was named one of the
Top 100 Organizations in
Central Pennsylvania.

Thank you for your interest
in Mutual Benefit!

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