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Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

Nelnet is seeking an experienced professional to support actuarial disciplines related to its reinsurance activities. Nelnet reinsures over 80 property and casualty programs and is actively expanding its reinsurance footprint. Nelnet also owns a single state life & health charter which operates exclusively for reinsurance opportunities.

DUTIES AND RESPONSIBILITIES

+ Partner with the financial underwriting team and senior management to evaluate proposed reinsurance programs,

+ Lead reserving practices for Nelnet’s reinsurance portfolio under the supervision of the Chief Actuary,

+ Aid in the development and maintenance of the company’s capital model,

+ Collaborate with senior team in strategic and tactical corporate planning,

+ Assist in pricing new reinsurance opportunities

+ Partner with senior team in identifying and evaluating potential insurance-related acquisitions,

+ Some travel is required.

Salary range for this role is: $125,000-$200,000** **based on experience and credential progress

EDUCATION AND EXPERIENCE

+ Excellent oral, written, and interpersonal communication skills; ability to communicate complex data and analysis to non-actuarial persons.

+ Bachelor’s degree,

+ Fellow of the Casualty Actuarial Society (FCAS) or Associate (ACAS) designation,

+ Minimum four years’ experience in the property/casualty insurance industry,

+ Proven track record in commercial lines pricing or reserving,

+ Experience pricing large accounts and/or treaty reinsurance is preferred,

+ Experience and/or proficiency in reinsurance or risk management is preferred, with a focus on MGA program business,

+ Familiarity with GAAP, statutory, and tax valuation and financial reporting,

+ Advanced understanding of actuarial assumptions and experience analysis methods,

+ PC and technical skills, with a working knowledge of database applications ( SQL, VBA, R, or equivalent), spreadsheets, statistical programs,

+ Advanced understanding of insurance financial metrics and analysis techniques,

What You'll Be Doing

+ Assist in the development and completion of actuarial risk evaluations consistent with ERM standards and best practices, with a strong focus on reinsurance,

+ Lead reserving practices and ongoing reserve evaluations

+ Manage data reporting processes with the data analytics team focused on ongoing performance of ceded risk to Nelnet’s reinsurance entities,

+ Partner with internal and external business partners to support the development of reinsurance Requests for Proposals (RFP) and/or treaty changes, as needed,

+ Provide subject matter expertise to team members and internal/external stakeholders for areas under your responsibility,

+ Organize findings in a clear, systematic fashion and present actuarial recommendations to various levels of management and other stakeholders,

+ Develop projections for financial planning and analysis and investigate major drivers of variance.

Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: LINK (http://nelnetinc.com/careers/benefits/) .

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or [email protected] .

Nelnet is a Drug Free and Tobacco Free Workplace.

You may know Nelnet as the nation’s largest student loan servicer – but we do more than that. _A lot more._ We’re also a professional services company, consumer loan originator and servicer, payment processor, renewable energy innovator, and K-12 and higher education expert (and that’s just a shortlist). For over 40 years, we’ve been serving our customers, associates, and communities to make dreams possible.

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