Log In 
Search 
Come Work With Us
At NC Farm Bureau, we operate with integrity, employ people who care, and offer benefits that grow with you. Come join the Farm Bureau family.
Pricing Actuary
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 support primarily personal lines of business, with the opportunity for exposure to both auto and property lines in a single state market. You will be responsible for traditional rate making analysis, including rate indications, predictive modeling segmentation, and 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.
ACAS or near-ACAS strongly preferred.
Minimum 5 years P&C pricing experience required.
Exposure to direct data querying and implementation of multiplicative rating plans (GLMs) strongly preferred.
Managerial experience considered a bonus, though not an immediate requirement for the role.
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).
Strong background in GLM modeling software preferred (Emblem/Radar strongly preferred).
Excellent communication skills in breaking down complex ratemaking themes.
Collaborative mindset in engagement with multiple personnel in research across a broad array of insurance operations.
Location and Commitments
Full-time role based at our Corporate Office in Raleigh, NC 27612.
Hybrid schedule available (3 days in office).
Responsibilities of the Role
Utilize expertise in aggregating actuarial data to create/execute data driven processes underlying various components of product management.
Enhance pricing models to modernize assumptions in developing recommendations.
Communicate decisions and implications of recommendations to affected stakeholders.
Monitor implemented product changes for expected outcomes.
Advise on data requirements to complete actuarial tasks.
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: kristin.tolley@ncfbins.com
Farm Bureau is an equal employment opportunity employer, and it is the policy of Farm Bureau to maintain a working environment free of discrimination, intimidation, and harassment. This means that all employment decisions at Farm Bureau shall be based on merit, qualifications, and abilities without regard to race, color, creed, religion, sex, national origin, age, physical/mental disabilities, veteran status, or any other characteristic protected by state or federal law.