Posted 30+ days ago

Job summary

• Job post source

  This job is directly from Progressive Insurance

• Job overview

  The Pricing Actuarial Analyst II at Progressive Insurance is a mid-level role focused on applying actuarial techniques to support the profitability and growth of the commercial auto insurance business.

• Responsibilities and impact

  The analyst will research and analyze data to recommend and implement rate changes, collaborate with the marketing team on product design and rating factors, and ensure rate adequacy across various states.

• Compensation and benefits

  The salary ranges from $72,100 to $96,100 per year with an annual cash incentive up to 30% based on company performance, plus benefits including 401(k) match, medical, dental, vision, wellness programs, paid time off, and career development opportunities.

• Experience and skills

  Candidates must have at least three passed actuarial exams and a combination of education and analytical work experience, with preferred skills in Property and Casualty analytics, R, SQL, Tableau, critical thinking, and advanced Excel.

• Career development

  The company offers career development and tuition assistance, supporting employee growth and learning.

• Work environment and culture

  Progressive promotes a diverse, inclusive, and welcoming culture with employee resource groups and wellness programs, supporting a healthy work environment.

• Company information

  Progressive Insurance is a major insurance provider focused on commercial auto insurance, emphasizing innovation and employee career growth.

• Team overview

  The role is part of the Commercial Lines Auto Finance team, collaborating closely with marketing and actuarial colleagues.

• Job location and travel

  This is a remote position with a preference for candidates near Mayfield Village, OH.

• Unique job features

  The position offers remote work flexibility, a strong incentive program, and the opportunity to impact rate adequacy and product design in a major insurance company.

Company overview

Progressive Insurance is a leading American insurance company that specializes in auto, home, and other personal insurance products. Founded in 1937, Progressive has grown by offering innovative services such as usage-based insurance and a strong online presence, allowing customers to compare rates and manage policies easily. The company generates revenue primarily through insurance premiums and investment income. Progressive is known for its customer-centric approach, continuous technological advancements, and a strong brand presence, exemplified by its popular advertising campaigns featuring the character "Flo."

How to land this job

• Position your resume to highlight your analytical experience in pricing and actuarial techniques, emphasizing your ability to support rate adequacy and profitability in commercial auto insurance.

• Showcase your proficiency with tools like R, SQL, Tableau, and advanced Excel functions such as pivot tables and v-lookups, as these are preferred skills for this role.

• Apply through multiple channels including Progressive Insurance's corporate careers site and LinkedIn to maximize your exposure to recruiters and hiring managers.

• Connect with current Progressive employees in the Commercial Lines Auto Finance or actuarial teams on LinkedIn; start conversations by referencing recent company initiatives or asking about their experience working with pricing models and rate design.

• Optimize your resume for ATS by incorporating keywords from the job description such as 'actuarial exams,' 'rate adequacy,' 'pricing analysis,' 'commercial auto,' and specific software skills like 'R' and 'SQL' to help your resume pass automated screenings.

• Use Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application portals, and find LinkedIn contacts, allowing you to focus your time on networking and interview preparation.