Job Description
Please Note: We are only considering US workers for this position. We are unable to offer this position to individuals who will require current or future immigration sponsorship for employment. Division Or Field Office Life Division
Department of Position: Life Actrl, Clms & Cmplnc Dept
Work From Corporate Office in Erie, PA
Salary Range $56,367.00 - $90,040.00 *
salary range is for this level and may vary based on actual level of role hired for
- This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location (State) based on ERIE's geographical differences, and experience of an applicant, as well as level of role for which the successful candidate is hired. Position may be eligible for an annual bonus payment.
At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 6,000 employees and over 13,000 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.
Benefits That Go Beyond The Basics We strive to be Above all in Service to our customers—and to our employees. That’s why Erie Insurance offers you an exceptional benefits package, including:
- Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
- Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
- Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
- 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
- Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
- Career development. Including a tuition reimbursement program for higher education and industry designations.
Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.
Position Summary Provides technical support for all Life Actuarial Department functions, including pricing, product development, valuation, financial reporting and reinsurance.
- This position is based out of our corporate office in Erie, PA.
- The hiring team will consider candidates for Life Actuarial Analyst I, Life Actuarial Analyst II, or Life Actuarial Analyst III positions. Level of position offered will be based on depth and breadth of selected candidate's experience and qualifications.
- Please Note: We are only considering US workers for this position. We are unable to offer this position to individuals who will require current or future immigration sponsorship for employment.
Duties and Responsibilities - Develops and applies a working knowledge of life products, the actuarial aspects of their development, and supporting systems. Provides technical support on projects as needed.
- Performs actuarial calculations for the department and for other departments within Erie Family Life as required. Assists in computing policy-related values.
- Assists in preparing policy forms for submission to various state insurance departments.
- Assembles data needed to perform company experience studies and industry surveys.
- Assists in the preparation of routine financial reports.
- Assists in the administration of reinsurance treaties.
- Continues to demonstrate the intent to achieve professional status through the completion of Society of Actuaries (SOA) exams.
The first two duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.
This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.
Capabilities - Values Diversity
- Self-Development
- Nimble Learning
- Information Management Skills
- Collaborates
- Customer Focus
- Job-Specific Knowledge
- Cultivates Innovation
- Instills Trust
- Optimizes Work Processes (IC)
- Ensures Accountability
- Decision Quality
Qualifications Minimum Educational Requirements - Bachelor's degree in mathematics, or related field, required.
Additional Experience - Successful completion of one actuarial exam and demonstrated exam progress required.
- Basic knowledge of spreadsheet software required.
- Some previous experience in programming and database applications preferred.
Physical Requirements Lifting/Moving 0-20 lbs; Occasional (Lifting/Moving 20-50 lbs; Occasional (Ability to move over 50 lbs using lifting aide equipment; Occasional (
Pushing/Pulling/moving objects, equipment with wheels; Occasional (
- Manual Keying/Data Entry/inputting information/computer use; Often (20-50%)
- Climbing/accessing heights; Rarely
Job Tags
Full time, Temporary work, Work at office, Work from home, Home office