Actuarial Analyst I
UFGCedar Rapids, Iowa, United States
Posted February 19, 2026
68000 - 75000 USD
Full Time
About the Company
United Fire & Casualty Group (UFG) is a long‑standing property and casualty insurer headquartered in Cedar Rapids, Iowa. Since 1946, the company has grown to operate through multiple subsidiaries that write a broad range of commercial and personal insurance products across all 50 states and the District of Columbia. UFG’s extensive network of approximately 1,000 independent agencies allows it to deliver tailored coverage and responsive service to diverse markets. The group’s A‑ rating from A.M. Best underscores its strong balance sheet and commitment to financial stability. With a focus on customer‑centric solutions and a culture that values integrity and innovation, UFG offers employees a dynamic environment to shape the future of insurance.
Job Description
The Actuarial Analyst I supports the pricing of new/renewal business and development of effective premium/rating structure and strategies in support of business objectives while being introduced to basic ratemaking and insurance concepts.
Requirements
- Learn and apply fundamental actuarial principles and apply when analyzing company and industry data to prepare for pricing analysis
- Support rating administration and stat coding on the policy administration system
- Support the annual profitability review process
- Support the review of portfolios’ historical financial performance
- Assist with preparation of rate and actuarial memorandums to support rate filing
- Support experience and rate indication studies to assess rate adequacy
- Support improvement efforts in order to increase consistency, efficiency, and compliance with internal standards
- Assist with the development underwriting rating tools and engines
- Other special projects as assigned
Benefits
- Annual incentive compensation
- Medical, dental, vision & life insurance
- Accident, critical Illness & short-term disability insurance
- Retirement plans with employer contributions
- Generous time-off program
- Programs designed to support the employee well-being and financial security
