Come Work With Us

About Us

At North Carolina Farm Bureau Insurance, we take pride in our strong, community-oriented roots that began right here in North Carolina. In 1953, our company was born out of the need to provide insurance coverage to our farmers and rural communities. Now, with local offices in each of the 100 counties, we provide services to all North Carolinians across the state. Here at NCFB we are a familiar face in the community with a service oriented mindset that truly sets us apart. Guided by our mission, we are deeply committed to both our neighbors and employees. Helping you is what we do best! If you are passionate about making a meaningful impact and value a people-centered culture, we invite you to join us!

About the Role

We are looking for a pricing actuary to facilitate the indication process across lines of business for North Carolina, with the opportunity for exposure to both auto and property lines in a single state market. You will be responsible for the assembly and improvement of traditional rate indication models, supplementing with predictive modeling approaches where appropriate, and providing filing support in a rapidly evolving marketplace. Collaboration on research projects with multiple departments can also be expected.

Education and Experience

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, Economics, or other related field.

• At least ACAS strongly preferred. Near-ACAS, particularly with exam 5, will be considered.

• Minimum 5 years P&C pricing experience required.

• Exposure to transactional level data querying and implementation of multiplicative rating plans (GLMs) strongly preferred.

• Prior managerial experience considered a bonus, though not an immediate requirement.

Required Skills and Abilities

• Strong understanding of standard actuarial techniques and assumptions.

• Broad understanding of insurance operations and their relationship with pricing implications.

• Advanced computing skills (Excel, SAS) in development of complex pricing models.

• Proficiency in a general programming language (SAS, SQL, Python, R).

• Excellent communication skills in breaking down complex ratemaking themes.

• Collaborative mindset in engaging with multiple personnel across broad insurance operations.

Location and Commitments

• Full-time position in our home office in Raleigh.

• Hybrid schedule available (3 days in office).

Responsibilities of the Role

• Enhance pricing models to modernize assumptions in developing recommendations to management.

• Utilize expertise in aggregating actuarial data to create/execute data driven processes underlying various components of product management.

• Communicate decisions and implications of recommendations to affected stakeholders.

• Monitor implemented product changes for expected outcomes.

• Advise on data requirements to complete development of actuarial models.

• Contribute to development of junior personnel in expanding actuarial functions related to the above.

This document is intended to outline the essential responsibilities of the position, and does not limit the tasks that may be assigned or amended by the supervisor.

How to Apply

Send your resume and cover letter to our Corporate Talent Administrator, Kristin Tolley.

Send by Mail

Attn: Kristin Tolley
North Carolina Farm Bureau Insurance Group
P.O. Box 27427
Raleigh, NC 27611-7427
(919)782-1705

Send by Email

Send your resume and cover letter to our Corporate Talent Administrator, Kristin Tolley.

Email Us

Email us: kristin.tolley@ncfbins.com