FBS (Mexico) - US Life Insurance Actuary (México)

FBS (Mexico) - US Life Insurance Actuary (México)

24 oct
|
Farmers Insurance Careers Mexico
|
México

24 oct

Farmers Insurance Careers Mexico

México

Farmers– where ambition meets opportunity.

Farmers is known for more than its unforgettable jingle – it’s a team with a passion for purpose and making a real difference in people’s lives. Farmers employees deliver peace of mind when it matters most. The organization’s results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on the team. Farmers employees tackle challenges head‑on, learn from every experience and measure their impact on the customers who trust them.

Join us and help power the success of Farmers. As a team member, you’ll collaborate with Farmers’ award‑winning workforce, benefit from a culture of innovation and support and contribute to their mission of delivering protection and peace of mind to millions of U.S. customers.

Ready to make your mark? Discover Farmers’ vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate.

Job Summary

This position oversees actuarial functions with a focus on financial projections of U.S. product liability cashflows. The role focuses on model development, testing, governance and consistency among various model stakeholders. This position leverages in-depth actuarial knowledge and understanding of the business to solve more complex issues and deliver strategic recommendations that align with business objectives. The position performs work independently while receiving guidance from a direct people leader and guiding more junior staff.

Essential Job Functions

- Collaborates with stakeholders, teams, and other departments to resolve more complex actuarial issues.



Guides the preparation of financial projections to enable leadership to assess financial implications and overall impact of business decisions. Accountable for timely and accurate delivery of actuarial deliverables. Interprets data and formulas to extract valuable insights for management. Analyzes operational performance and presents findings and recommendations for optimization. May represent the actuarial department with external stakeholders.
- Independently develops and implements solutions to more complex actuarial issues. Oversees project workflows, provides robust feedback to stakeholders and management, and ensures timely and effective completion of work. Delivers on plans and priorities while guiding projects and/or teams to achieve successful outcomes and business objectives.
- Advocates for improvements to assumption formulas, procedures, and programs. Anticipates the impact of changes and ensures recommendations align with broader business objectives.
- Oversees the integration of new and updated products into financial projection system. Ensures actuarial modeling systems comply with controls and standards including updates for IT, product, and regulatory changes.
- Stays informed about industry trends, emerging actuarial practices, and regulatory changes to contribute effectively to work within team, department, or across departments.



Acts as a subject matter specialist to mentor and train less experienced actuarial staff by providing guidance on fundamental actuarial principles and practices. Performs other duties as assigned.

Education Requirements

High School Diploma or equivalent is required. Bachelors degree is preferred but not required. Associate of the Society of Actuaries (ASA) or equivalent designation required. Two Fellow of the Society of Actuaries (FSA) courses preferred. Life insurance industry experience preferred. Experience with US statutory regulations or IFRS 17 preferred.

Experience Requirements

- 6+ years of experience working in relevant roles
- Advance experience working with actuarial projection software like MG-ALFA or equivalent (Axis or Profit)
- Experience working with Python, R, SAS or similar
- Strong understanding of actuarial modeling
- Familiarity with U.S. Life/Annuity product designs and features.
- Able to analyze complex data, interpret trends, and develop actuarial models and assumptions.
- Deep understanding on Financial Modeling within Alpha database

Benefits

This position offers a competitive compensation and benefits package designed to support your wellbeing, growth, and work–life balance. While specific benefits may vary by country and employee level, offerings generally include competitive salary opportunities, performance-based bonuses, comprehensive benefits, and ongoing training and development resources.

Important Hiring Conditions and Disclosures

- Personal Data Processing: The personal data provided during the recruitment and selection process will be collected, processed, and retained for legitimate recruitment and compliance purposes, in accordance

📌 FBS (Mexico) - US Life Insurance Actuary (México)
🏢 Farmers Insurance Careers Mexico
📍 México

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