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scotthaglund 04-22-2015 05:15 PM

Associate Health Actuary / ASA or Near ASA, Minnesota
Federated Insurance Company
Owatonna, MN

Looking for near / new ASA with 2+ years of medical experience. The candidate is expected to design, develop and explain the operational data, statistical analysis and processes used to evaluate the adequacy of the Company’s pricing and reserving levels and policies.

Some of the duties include:
• Analyzes and evaluates the methods for collecting and analyzing data used to measure operating results
• Provides technical leadership to professional actuarial staff.
• Develops new data projection techniques and confirms appropriateness of existing data projection techniques used for actuarial analysis.
• Creates, enhances and explains exhibits, forms and other media to fulfill statutory and reporting requirements of state insurance departments and other outside agencies.
• Participates on business and project teams to evaluate the financial soundness of plans to improve existing product lines or new lines of business. Presents complex analyses, reports and recommendations.
• Analyzes competitors’ financial structure and operating results. Analyzes industry and product line information to develop trend and forecast information. Presents findings to actuarial and Federated leadership.

Minimum Requirements
Four year college degree, preferably in Math or a related subject.
Successful completion of at least four SOA exams, ASA preferred.

Salary dependent on years of experience and number of completed exams. Relocation assistance can be provided. Home office is based in Owatonna, MN.

If interested, go to or contact

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