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Society Insurance Company

Predictive Modeling Manager (Actuarial Team)

Society Insurance Company, Fond Du Lac, Wisconsin, United States, 54937


Job InformationJob TitlePredictive Modeling Manager (Actuarial Team)Home Department:ActuaryEmployment Status:Exempt; Full-timeSchedule:40 hours/week with Flexible Scheduling Opportunities

This position offers flexible remote/hybrid work scheduling and we are targeting candidates who are located within the 9 states which Society conducts business in. Visit us at

https://societyinsurance.com/

to learn more.

OverviewProtecting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking an experienced

Predictive Modeling

Manager

to join our Actuarial team.

This position will be heavily focused on predictive modeling and will play a crucial role in leveraging data to drive strategic decision-making and optimize financial outcomes.

The position will oversee the collection, analysis, and interpretation of complex data sets related to risk, finance, and insurance. By utilizing advanced statistical methods, predictive modeling, and data visualization techniques, the role will transform raw data into actionable insights. The Predictive Modeling Manager will ensure data quality and consistency, manage analytics projects, and communicate findings to both technical and non-technical stakeholders. Their work supports the actuarial function by enhancing the accuracy of predictions, improving risk assessment processes, and ultimately contributing to the financial stability and profitability of the organization.

About the RoleUtilizes and verifies data to prepare predictive modeling analysis.Assists in the design of data structure necessary for the monitoring and reporting of results.Maintains clear and concise documentation of modeling methods, selections, and best practices.Works with other department stakeholders to shape best practices around the application of statistical modeling.Provides recommendations to management regarding the selection of outside vendors.Explores business problems provided through investigation and interviews with subject matter experts. Then models different potential solutions.Assesses pros and cons of strategies of resolution for given area of assignment and brings forward recommendations for improvements or new processes to be implemented.Works with Change Management to map out communication and implementation plans of given changes.Maintains working knowledge of state legal requirements and current business and industry trends and practices as it pertains to model use and implementation.Works in collaboration with other leaders to ensure consistent compliance with state and federal departments of insurance and other regulatory agencies.Demonstrates effective leadership capabilities by attaining results through others. Through a self-sufficient and self-confident approach elicits the trust and confidence of their team.Defines and implements data testing standards. This includes planning, creating, evaluating, and tracking testing results.Solves problems with a wide degree of creativity and latitude. Ensures quality and timeliness of assigned projects for the team.Monitors and mentors team members in development of their assigned project deliverables; appraises work results.

About Yo

uYou enjoy working with others in a positive, proactive, and collaborative team setting.You enjoy coaching and developing others.You excel at communicating in a concise, direct, and unambiguous way.You empower and motivate others to take greater responsibility.You are results driven and makes decisions that are based on sound evidence.You are analytically focused and enjoy making fact-based decisions.You are organized and easily assess data quality and can organize it coherently.You enjoy taking a systematic approach to making process improvements.You enjoy analyzing, investigating, and using the facts to make decisions.

What it Will TakeBachelor degree in Math, Statistics, Economics, or related field.5+ years of modeling experience.Proficient skills in SQL, Excel, and

BI reporting tools to create reports, dashboards, and analytics.Strong working familiarity of industry standards, regulations, etc. including working knowledge of organizations such as PAAS, ISO, NCCI, and WCRB.Prior experience successfully supervising, leading, training, or directing others.Knowledge of the property and casualty insurance industry and related business processes.A general understanding of a Data Warehouse structure.Master’s degree in Statistics highly desirable.Completion of insurance and/or premium auditing designations highly desirable: AINS, APA, CPCU, CIPA, etc.Successfully attained ACAS or FCAS highly desirable.

What Society Can OfferComprehensive Benefits Package: Salary with bonus plan; Health, Dental, Life, and Vision insuranceRetirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing PlanWork-Life Balance: Company-paid holidays; Flexible scheduling; PTO; Telecommuting optionsEducation: Career Coaching; Company-paid courses; Student loan and Tuition reimbursementCommunity: Charitable Match; Paid Volunteer time; Team SponsorshipsWellness: Employee Assistance Program; Wellness Initiatives/Rewards; Health Coaching; and more

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans with Disabilities Act and applicable state and local laws.Society Insurance is a drug-free workplace.

Any candidate who receives an offer of employment from Society will be required to undergo a pre-employment drug test for controlled substances.

All offers of employment are contingent upon successful completion of the pre-employment drug test, which is conducted in accordance with Society’s substance abuse policy.

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