Actuary Job at IMT Insurance, West Des Moines, IA 50266

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Job Description

WHO WE ARE

IMT is proud of our heritage and will never forget where our roots are firmly planted. Locally run from its office in West Des Moines, Iowa, IMT has been a Midwest company since it was founded in Wadena, Iowa in 1884. That’s almost 140 years!

Today, IMT continues to offer a strong line of personal and commercial insurance products for which it has always been known, along with exceptional service for a competitive price. Our products are offered through Independent Agents throughout a six-state territory – Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin.

ACTUARIAL ANALYST

IMT Insurance is looking to fill the role of Actuarial Analyst, working on Commercial Lines. As an Actuarial Analyst, you will be responsible for the maintenance of the company rating engine and the development of competitive analysis. You will also assist with the development of rate level indications and recommendations for multiple lines of business and for the development of appropriate state rate filing materials. If you’re interested in learning more about this opportunity, apply online today!

A DAY IN THE LIFE

  • Perform maintenance of rating engines
  • Develop and maintenance of competitive analysis
  • Independently develop rate level indications and provide rate recommendations for multiple commercial lines of business
  • Assist with the development of rate filing materials and support to state insurance departments
  • Support new product / line of business implementations
  • Build, test and implement rating algorithms onto new rating engine
  • Work collaboratively with other teams across the company

DESIRED QUALIFICATIONS

  • A college degree or equivalent and 2+ years of P&C Commercial Lines actuarial experience needed to perform essential duties
  • Must have completed 2-4 actuarial exams
  • Develop technical expertise and knowledge of current trends and techniques in the market
  • Ability to pay close attention to details
  • College Degree (BS/BA), preference to quantitatively oriented field of study
  • Ability to listen and communicate to the customer, both verbally and in writing
  • Ability to operate standard office computer system.
  • Developing skills applicable to the advanced usage of Excel
  • Developing skills applicable to the usage of databases, including SQL programming language
  • Must possess the ability to work well with others
  • Experience developing rate and rules within a rating engine preferable but not required.

BENEFITS & PERKS

IMT Insurance is committed to our employees and their families. When you work for IMT, you earn far more than just a paycheck. The IMT office was new in 2018 and offers a fitness room, game room and a variety of collaboration areas. This position includes hybrid and remote work arrangements, learning and development opportunities and more! Below is a list of what IMT offers our employees:

  • Medical, dental, and vision insurance, AD&D insurance, 401K retirement savings accounts, spending accounts, long and short-term disability, profit share, employee assistant program and additional voluntary benefits.

The salary range for this position is $70,000.00 - $103,000.00

Starting salary and level of position will depend on level of experience and Actuarial exam progress.

Fully remote work involves important payroll and legal considerations for the company. IMT has identified eligible states of residence for continued employment with IMT. Eligible states include: Arizona, Colorado, Florida, Iowa, Illinois, Minnesota, Missouri, Nebraska, Pennsylvania, South Dakota, Tennessee, Texas, Utah, Washington, and Wisconsin.

WHAT DEFINES US

Our vision is to provide peace of mind in the moments that matter.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant based on race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Our agents and customers come from all walks of life and so do we. Our goal is to hire great people from a wide variety of backgrounds, because it makes our team stronger. If you share our values and our passion for creating a Worry Free life for others, we want to talk to you!

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