Full-Time
Actuarial Consultant
AF Group
501-1,000 employees
Operates specialty insurance through affiliates
No salary listed
Mid
Detroit, MI, USA
In Person
- Bachelor’s degree in actuarial science or related area.
- Four (4) years related actuarial experience.
- Preference to have at least one year of BCN/BCBSM actuarial experience or comparable experience at another company.
- Earned at least six (6) exam components (exam, validation by educational experience, modules, final assessment) toward the attainment of the ASA designation and plans to continue making timely progress to obtain ASA credential.
- Knowledge of actuarial methods and practices.
- Strong analytical and critical thinking skills.
- Can effectively utilize email, presentations and verbal communication to convey the intent and methodology of their work, and the broader implications of results to actuarial and non-actuarial audiences.
- Ability to apply appropriate planning and prioritization techniques.
- Other related skills and/or abilities may be required to perform this job.
- Responsible for the initiation, organization and analysis of non-routine actuarial research used for analysis including but not limited to valuations, financial reporting and forecasting, trend analytics, and pricing.
- Utilize advanced actuarial concepts to design and perform complex analysis, conduct research and make recommendations to leadership.
- Ensure completeness, accuracy and appropriateness of all insurance data used in the production of outputs; recommend improvements to data as needed.
- Independently recommend specific course of action; consider internal, external and customer impacts. Independently communicate to stakeholders.
- Define scope of major projects and coordinate completion.
- Assess and implement efficiency enhancing processes where available.
- Respond to requests from internal departments; prioritize and review work of peers for actuarial soundness.
- Drive key department processes. May provide technical guidance to and coordinate work less experience team members.
- Remain current on actuarial techniques, seek development and improvement opportunities and understand corporate/cross-functional objectives and cultural beliefs.
- Seeking an individual with strong analytics and critical thinking skills to support performance monitoring and projections of Commercial and Medicare Advantage provider focused valued based contracts.
AF Group operates in the specialty insurance market through a collection of affiliated insurance companies. The company provides customized insurance solutions by utilizing its knowledge in underwriting and medical management to achieve better results for its clients. Products and services are distributed via a network of independent agents, which helps reach a wider audience while offering localized customer support. With over 100 years of experience, AF Group is recognized for its financial stability, holding an "A" (Excellent) rating from A.M. Best. The company focuses on acquiring and integrating insurance businesses that enhance its existing services, such as its recent acquisition of AmeriTrust Group, which strengthens its position in the property and casualty insurance sector. The goal of AF Group is to expand its specialty insurance offerings and improve its market presence.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Lansing, Michigan
Founded
1912
Simplify's Take
What believers are saying
- Digital transformation enhances AF Group's operational efficiency and customer service.
- InsurTech partnerships enable AF Group to offer more personalized insurance products.
- Growing demand for cyber insurance presents expansion opportunities for AF Group.
What critics are saying
- Increased competition may pressure AF Group's market share and profitability.
- Integration challenges with AmeriTrust Group could impact AF Group's performance.
- Rising interest rates may affect AF Group's investment income.
What makes AF Group unique
- AF Group specializes in tailored insurance solutions through its network of independent agents.
- The company has over a century of experience in the insurance industry.
- AF Group's acquisition of AmeriTrust Group expands its property and casualty insurance footprint.
Help us improve and share your feedback! Did you find this helpful?
Company News
After AF Group acquired AmeriTrust in 2023, he played a key role in the successful integration of the two companies.
LANSING, Mich., May 29, 2025 /PRNewswire/ -- AF Group is pleased to announce several executive promotions, reflecting the strong leadership that continues to drive the success of the organization. These include:Patrick Stewart , vice president of Business Performance and Strategy -- promoted to Chief Financial Officer, vice president of Business Performance and Strategy -- promoted to Chief Financial Officer Olivia Rogers , managing director, Reinsurance and Analytics -- promoted to vice president and Chief Risk Officer, managing director, Reinsurance and Analytics -- promoted to vice president and Chief Risk Officer Jason Foreman , divisional director of Binding -- promoted to vice president, Binding in the Specialty Lines division"AF Group is a leading force in the property and casualty space, and these promotions build on the strength, expertise and creativity of key leaders to support our significant growth and transformation as an organization," said Lisa Corless, president and CEO of AF Group. "I'm excited these individuals will help us continue to lead, innovate and redefine our business toward a successful future."Patrick Stewart has more than 30 years of experience spanning corporate accounting and finance, insurance and strategic leadership. He began his career in financial services at KPMG and later joined AmeriTrust Group, holding several financial leadership roles. Following AF Group's acquisition of AmeriTrust in 2023, Stewart helped manage the successful integration of the two organizations. He earned a bachelor's degree in accounting from Michigan State University.With two decades of experience across property, casualty and workers' compensation lines, Olivia Rogers joined AF Group in 2019, having previously served as vice president of JLT Reinsurance
LANSING, Mich., March 20, 2025 /PRNewswire/ -- AF Group is proud to recognize two agencies with Middle Market Agency of the Year awards based on their strong premium performance, new business growth and retention during 2024. The Midwest Region winner is ProValue, and the East Region winner is McKee Risk Management."ProValue and McKee Risk Management demonstrate what it means to build true partnership and trust," said Michelle McLane, senior vice president of Middle Market and National Accounts for AF Group's Commercial Markets division. "I'm excited to recognize their ongoing commitment to the needs of our shared customers, their expertise and ongoing delivery of a superior customer experience in a challenging marketplace. I look forward to another exciting year of shared success.""ProValue is very proud and excited to be recognized as Agency of The Year," said Dave Vogel, vice president of Insurance Sales at ProValue. "We place a high value on our strategic partnerships, and we hope to continue building our relationship with AF Group. We humbly accept this award.""It is a great honor to receive this award for the second time," said Scott Porterfield, senior vice president of McKee Risk Management
LANSING, Mich., March 20, 2025 /PRNewswire/ -- Accident Fund is proud to recognize BHS Insurance as its Agency of the Year for strong premium performance, new business growth, retention and more during 2024."Relationships are the backbone of the insurance industry, and strong ones lead to success," said Mike Valiante, senior vice president of Small Commercial Market, AF Group. "BHS Insurance is a true partner, and we appreciate their trust, insights and gratitude that they show for their staff. We're pleased to award them with this Agency of the Year recognition and look forward to growing together.""We are grateful for the partnership we have built with Accident Fund at every level within their organization," said Kim Slager, president of Commercial Lines at BHS Insurance. "We can rely on them to meet our needs, serve our clients and provide strength and stability to our industry. Accident Fund works closely with us to create safer environments and maintain productive workplaces which help our clients succeed. In the end, we sell a promise to serve, and we couldn't do it without the support of everyone at Accident Fund."About BHS InsuranceBHS Insurance has an 85-year history of providing superior service as one of the largest independent insurance agencies in Michigan
LANSING, Mich., March 20, 2025 /PRNewswire/ -- CompWest Insurance Company has awarded Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, the honor of Agency of the Year for strong premium performance, new business growth, retention and more during 2024