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PC Reserving Actuary

COUNTRY Financial · Bloomington, IL · $91,600–$125,950 a year · Full time

Posted Sep 18, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Where are you in the exam process, and how do you balance study time with work deadlines?

What they are checking: Whether they can make steady exam progress while still delivering quarterly work on time.

Tell me about a time your analysis led to a different answer than people expected. How did you handle it?

What they are checking: Whether they can stand behind sound work with care when results are unwelcome.

What would you do

Claims tells you they have sped up how fast they close claims. How does that affect your reserve analysis?

What they are checking: Whether they recognize that a change in settlement speed distorts development patterns and adjust for it.

You pull data for your analysis and something looks off in one accident year. What do you do?

What they are checking: Whether they check data for reasonableness and trace issues to the source before using it.

How would you explain to a finance leader why reserves went up this quarter even though fewer claims were reported?

What they are checking: Whether they can translate actuarial results into plain reasons non-actuaries can act on.

About the work

Walk me through the chain ladder method and when it gives you a misleading answer.

What they are checking: Whether they understand the method's assumptions and know when changing patterns break it.

When would you rely on Bornhuetter-Ferguson instead of a pure development method?

What they are checking: Whether they know that immature years and sparse data call for blending in an expected loss ratio.

This role supports monthly storm reserve analysis. How would you estimate reserves for a hail storm that happened two weeks ago?

What they are checking: Whether they can use claim counts, average severity and past events when normal development data is not yet there.

What is the difference between case reserves, IBNR and loss adjustment expense reserves?

What they are checking: Whether they have the core reserving vocabulary needed for financial reporting.

What tools have you used for reserving, like Excel, SQL, R or Python, and what did you build?

What they are checking: Whether they can build and maintain the spreadsheet and database files the role depends on.

How would you spot an emerging loss trend, like rising severity in auto claims, before it shows in the full results?

What they are checking: Whether they look at leading indicators and partner with Claims to understand what is driving changes.

Practice this interview out loud.

Offer builds a real interview for this exact role at COUNTRY Financial from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

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The full job description

As published by COUNTRY Financial.

Experience more with a career at COUNTRY Financial! We’re excited you’re interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients. About the role The Actuarial Reserving Analyst supports monthly storm reserve analysis, quarterly reserve analyses across all lines, loss development studies, and advanced research across multiple P&C lines. This role performs deep-dive actuarial analyses, interprets emerging loss trends, partners closely with Claims and Finance, and contributes to the refinement of methodologies and assumptions. The position is part of the actuarial exam program and includes dedicated study time. How does this role make an impact? - Develops and maintains spreadsheet, database and reserving software files for reserve analyses. - Inputs reserves to the general ledger. Verifies and monitors account balances. - Uses data query programs to obtain data from company data sources. Reviews data for accuracy and reasonableness. - Conducts loss and loss adjustment reserve analyses, according to financial reporting requirements. - Communicates results to direct management and/or company management, verbally, in writing, or in presentation form. Do you have what we're looking for? • Bachelor’s degree in Actuarial Science , Mathematics, Statistics, Finance, or related field. • 3+ years of P&C actuarial experience. • Successful progress toward ACAS (3–6 exams preferred) Base Pay Range: $91,600-$125,950 The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience. Incentive Pay: In addition to base salary, this position is eligible for a Short-Term Incentive plan. Why work with us? Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We’re a big company, yet small enough you can make an impact and won’t get lost in the shuffle. You’ll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business. You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match. COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations. Come join our team at COUNTRY today!

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