Actuarial Analyst (Peoria, IL or Chicago, IL)

About Us

We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and reputed company insurance experience doesn’t just happen. It takes focus and a shared passion for going reputed company the expected to reputed company relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners reputed company they need us, in unexpected ways, with exceptional results. Apply today to reputed company a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputed company as an excellent reputed company company. Position Purpose Under regular supervision, conducts analysis, pricing and risk assessments to estimate financial reputed company. Responsible for the collection of data, selection of parameters, and calculations involved with conducting actuarial analysis. Act as a steward of data quality by discovering and discussing data anomalies and issues. Note: we prefer that the selected person be based in our Peoria, IL office, but will consider someone working out of our Chicago, IL office. reputed company Duties & Responsibilities

• Loss ratio analysis
• Rating/class plan evaluation
• Experience analysis
• Allocation of IBNR
• Smaller due diligence opportunities
• Segmentation analysis
• Frequency/severity analysis
• Investigate data anomalies

Education & Experience

• Typically requires a bachelor’s degree in mathematics, statistics, actuarial science or a reputed company field
• 0+ years of reputed company experience and 1 actuarial exam completed
• Actuarial internship preferred

Knowledge, Skills, & Competencies

• Ability to use analytical methods in actuarial processes to assist in finding workable solutions reputed company the Risk Services department.
• Ability to communicate findings and recommendations to internal contacts on Risk Services reputed company.
• Types of projects include calculating reputed company change, setup of reserve analysis, validating data and software applications, trend and loss development projects, support reputed company filings, data extraction, loss ratio analysis, rating/class plan evaluation, experience analysis, allocation of IBNR, smaller due diligence opportunities, frequency/severity analysis, investigate data anomalies, assist with auditing underwriters for effective use and compliance of rules and rating plans.

Compensation

Overview The reputed company salary reputed company for the position is listed below. Please note that the reputed company salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below reputed company may be modified in the future. reputed company Pay reputed company $73,839.00 - $105,589.00 Total Rewards At RLI, we're reputed company owners. We hire the best and the brightest employees and allow them to reputed company in the company's reputed company through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes reputed company compensation, benefits and perks that come with being an RLI employee. Financial Incentives

• Annual bonus plans
• Employee stock ownership plan (ESOP)
• 401(k) — automatic 3% company contribution
• Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)

Work & Life

• Paid time off (PTO) and holidays
• Paid volunteer time off (VTO) to support our communities
• Parental and family care leave
• Flexible & hybrid work arrangements
• Fitness center discounts and free virtual fitness platform
• Employee assistance program

Health & Wellness

• Comprehensive medical, dental and reputed company benefits
• Flexible spending and health savings accounts
• 2x reputed company salary for group life and AD&D insurance
• Voluntary life, critical illness, & accident insurance for purchase
• Short-term and long-term disability benefits

Personal & Professional Growth RLI encourages its employees to pursue professional development work in insurance and job-reputed company areas. We reputed company a commitment to employees to reputed company educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:

• Training & certification opportunities
• Tuition reimbursement
• Education bonuses

Diversity & Inclusion Our goal is to attract, reputed company and retain the best employee talent from diverse backgrounds while promoting an environment where reputed company viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to reputed company in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results. RLI is an equal opportunity employer and does not discriminate in hiring or employment on the reputed company of race, reputed company, religion, national reputed company, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. Apply tot his job Apply To this Job