Actuary Analyst I
State Auto Insurance Companies - Bloomington, MN

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RTW, Inc. (A Division of State Auto Insurance Companies) is transforming the workers compensation system with highly innovative programs that dramatically reduce employers cost. We re a progressive insurance company that is the industry leader in providing integrated disability and productivity solutions. We offer our services for insured customers and for self-insured, large deductible and state fund employers, we offer our Third-Party Administration, MGA services, and custom services through our service division, Absentia.

We have an opening for an experienced Actuarial Analyst to work out of our Bloomington, MN office. The successful candidate will evaluate claim losses, trends and claims practices. They will also monitor those impacts on the loss experience and company rate structure. Other responsibilities include: Conducting loss studies, reserve reviews and preparing actionable recommendations for management. Analyze loss development activity and monitor it for trends and changes. Develop statistical information as requested. Monitor quality of statistical coding and provide advice to departments as to developments in claims metrics and trends. also have the ability to calculate workers compensation benefits; set appropriate reserves on claims within corporate guidelines.

Qualified applicants should possess at least two years of experience in an actuarial environment. Previous P&C experience with a background in workers compensation is helpful. A four year degree in mathematics, statistics or actuarial science is required. Someone who has passed at least two exams of the Casualty Actuarial Society is highly desired.

State Auto offers competitive compensation, an annual bonus program, an excellent benefit program including medical, dental, vision, and prescription insurance coverage, life insurance, matching 401(k) plan, flexible spending accounts, tuition assistance, and a stock purchase plan.

State Auto is a smoke-free work environment. We utilize drug screening and background checks as conditions of employment. For all exempt positions we also obtain motor vehicle reports (MVR s).

Third Party Candidates Will Not Be Accepted.

Position Tracking # 2012-528062-1

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