In this hybrid role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783 or Boston, MA 02110.
#LI-Hybrid
Position Compensation Range:
$113,000.00 - $194,000.00Pay Rate Type:
SalaryCompensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
Responsibilities:- Perform periodic updates of enterprise economic capital model: Gather, prepare, and load input data, run the model, interpret and review results.
- Use capital model to assess risk impact of alternative assumptions, stress scenarios, growth strategies, reinsurance programs, mergers & acquisitions. Includes translating verbal descriptions of scenarios to model parameterizations.
- Develop continual improvement of modeling process
- Use spreadsheets and scripting languages to summarize capital model results and perform simplified projections of capital impacts.
- Communicate capital modeling results to leadership and stakeholders from other divisions.
- Assist in preparation of capital related materials for Results Week, SLT, and Board meetings.
- Allocate enterprise required capital to lines of business and/or state for use in developing indicated underwriting profit loads.
- Develop understanding of primary factors that drive capital requirements such as catastrophe modeling, investments, reinsurance, and loss reserves.
- Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
- Knowledge of catastrophe modeling, reinsurance, investments, and insurance accounting are beneficial.
- Experience with capital modeling software (MetaRisk) and programming in SQL, R or Python are a plus.
- Experience in dynamic financial analysis (DFA) or economic capital modeling preferred.
- Demonstrated experience providing customer-driven solutions, support, or service.
- Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
- Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
- Your offer will be made contingent on the results of applicable background checks and is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
- To ensure a strong start, all employees participate in our New Employee Orientation during their first week. This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth. At times, sessions may be delivered virtually based on scheduling and availability.
- Offer to selected candidate will be made contingent on the results of applicable background checks
- Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
- Sponsorship will not be considered for this position unless specified in the posting
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [email protected] to request a reasonable accommodation.
#LI-DB1Skills Required
- Associate or Fellow in Casualty Actuary Society (ACAS or FCAS)
- Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques
- Extensive knowledge and understanding of forecasting and statistical analysis and modeling
- Demonstrated experience providing customer-driven solutions, support, or service
- Ability to communicate technical results to non-actuarial and leadership audiences
- Hybrid work: minimum 10 days per month in office; reside within ~35-50 miles of Madison, WI or Boston, MA
- Knowledge of catastrophe modeling, reinsurance, investments, and insurance accounting
- Experience with capital modeling software (MetaRisk) and programming in SQL, R, or Python
- Experience in dynamic financial analysis (DFA) or economic capital modeling
American Family Insurance Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about American Family Insurance and has not been reviewed or approved by American Family Insurance.
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Pay Growth & Progression — Compensation has seen multiple increases, including a higher internal minimum hourly wage effective 2025 for many customer‑facing and claims roles. These moves indicate continued investment to raise the pay floor and improve total rewards competitiveness.
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Retirement Support — The total package includes a 401(k) with company match alongside a company‑funded cash‑balance pension, strengthening long‑term financial security. This combination is positioned as a standout element within the overall benefits mix.
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Parental & Family Support — Paid parental leave was expanded in 2025 for birthing parents and for all parents, including adoptive and foster. Caregiver leave adds further family support within the leave portfolio.
American Family Insurance Insights
What We Do
For more than 85 years, American Family Insurance has built its reputation on sound principles. We strive to provide you industry-leading service, exceptional claims experience and products that build long-term relationships. This is accomplished by treating policyholders fairly in a helpful and caring way and making it easy and convenient to work with us. We know our customers like family. American Family Insurance thrives by conducting its business in accordance with the highest ethical standards and the law at all times. Integrity is part of our culture and always has been. The reputation we enjoy and trust-based relationships we have built with our customers are determined by the example set by management and the character and good judgment exercised at all levels of our organization. It’s a way of doing business that our customers have come to expect from us and a standard that we continue to live up to.
