Actuarial Analyst (Peoria, IL or Chicago, IL)

RLI Insurance Company is a unique insurance provider focused on delivering exceptional results. The Actuarial Analyst will conduct analysis, pricing, and risk assessments to estimate financial outcomes while ensuring data quality and addressing anomalies.ResponsibilitiesLoss ratio analysisRating/class plan evaluationExperience analysisAllocation of IBNRSmaller due diligence opportunitiesSegmentation analysisFrequency/severity analysisInvestigate data anomaliesSkillsTypically requires a bachelor's degree in mathematics, statistics, actuarial science or a related field0+ years of related experience and 1 actuarial exam completedAbility to use analytical methods in actuarial processes to assist in finding workable solutions within the Risk Services departmentAbility to communicate findings and recommendations to internal contacts on Risk Services mattersActuarial internship preferredBenefitsAnnual bonus plansEmployee stock ownership plan (ESOP)401(k) — automatic 3% company contributionAnnual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)Paid time off (PTO) and holidaysPaid volunteer time off (VTO) to support our communitiesParental and family care leaveFlexible & hybrid work arrangementsFitness center discounts and free virtual fitness platformEmployee assistance programComprehensive medical, dental and vision benefitsFlexible spending and health savings accounts2x base salary for group life and AD&D insuranceVoluntary life, critical illness, & accident insurance for purchaseShort-term and long-term disability benefitsTraining & certification opportunitiesTuition reimbursementEducation bonusesCompany OverviewRLI is a U.S.-based specialty insurer that serves niche property, casualty and surety markets. It was founded in 1965, and is headquartered in Illinois City, Illinois, USA, with a workforce of 1001-5000 employees. Its website is http://www.rlicorp.com/.



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