EMC Insurance Companies is seeking a Rating Analyst to support premium rating, data analysis, and actuarial ratemaking work. The role collaborates with developers, quality assurance, and senior team members to validate rating logic, maintain data integrity, and communicate findings to stakeholders.
Performs assigned premium rating algorithm and data analysis, including building and maintaining requirements and related documentation. Partners with senior team members to support more complex assignments
Collaborates with developers and quality assurance to ensure rating logic and functionality meet project objectives
Engages in quality control checks and peer reviews; recommend process improvements
Prepares and validates data for analysis; maintains data integrity and organizes rating elements
Calculates and reports policy impact measurements to support decision-making
Researches rating-related questions. Builds and tests sample policies and rating scenarios to validate logic
Communicates findings and project updates clearly to stakeholders and team members
Completes required training and certifications. Engages in self-directed and collaborative learning of line of business coverages and rating, including asking questions to learn context and understanding. Develops skills and knowledge of insurance operations
Collaborates and supports actuarial ratemaking work-products including rate impact analysis and rate filings
Qualification
Required
Bachelor's degree in math, statistics, or actuarial science
One year of actuarial or business analysis experience
Strong analytical, investigation and problem-solving abilities
Working knowledge of mathematics, probability, statistics, and financial mathematics
Proficient working knowledge of Microsoft office products (Excel, Word, PowerPoint, Power BI)
Exposure to product management tools
Preferred
Knowledge of at least one programming language, such as SQL or Python preferred
Benefits
Eligible to work a remote or hybrid schedule within the state of Iowa
EMC Insurance is a top insurer based on net written premium, and we have more than 2,200 employees.
