Actuarial Analyst - Surety

Capspecialty; Town of Middleton (WI); Ibrido; USD 70.000 - 110.000; Tempo pieno

Vantaggi offerti da questo lavoro

Open vacation plan

Paid sick and parental leave

Fully vested 401k

Company-paid life insurance

Short- & long-term disability plans

Professional and educational growth

Flexible and casual work environment

Recognition for exceptional perfomance

Descrizione del lavoro

CapSpecialty is seeking an Actuarial Analyst to support the Surety Team. This role helps evaluate portfolio profitability, develop pricing solutions, and deliver data-driven insights that enable informed business decisions.

You will collaborate with underwriting, claims, and Information Technology to strengthen pricing capabilities and performance metrics. The ideal candidate holds a Bachelor's in Actuarial Science or Mathematics, is progressing through actuarial exams, and has insurance data

Competenze

• Bachelor’s degree in actuarial science, mathematics, or related field.
• Demonstrated ability to pass actuarial exams.
• Experience in insurance data analysis.

Mansioni

• Support profitability and pricing analyses for assigned products.
• Develop and maintain pricing capabilities and rate studies.
• Extract, balance, and analyze data for dashboards and KPIs.
• Assist with AI analytics reporting and monitoring.
• Collaborate with underwriting, claims, and IT to enable data-driven decisions.

Conoscenze

Actuarial analysis

Data analytics

R programming

Advanced Excel

Communication skills

Formazione

Bachelor’s Degree in Actuarial Science or Mathematics

Actuarial exams in progress

Strumenti

R

SQL

APIs/JSON

Descrizione del lavoro

This is a hybrid position requiring 3 days in office at either our Middleton, WI or Hartford, CT office location. #LI-Hybrid

At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.

We offer competitive compensation and benefits packages – including

• an innovative open vacation plan
• generous paid sick and parental leave
• fully vested matching 401k
• company-paid group term life insurance and short- & long-term disability plans
• professional and educational growth opportunities
• flexible and casual work environment
• recognition for exceptional performance.

Please see our full list of Total Rewards here.

CapSpecialty is seeking an Actuarial Analyst that willsupport the Surety Team. This role supports both Pricing and Analytics functions by assisting with the evaluation of portfolio profitability, development and maintenance of pricing solutions, and delivering data-driven insights that enable informed business decisions. This role partners closely with underwriting, claims, and Information Technology to support pricing capabilities, development of meaningful performance metrics including delivery of actionable analytics that support profitable growth and operational excellence.

Duties/Responsibilities:

• Profitability: Support the profitability of assigned products and lines of business through rate adequacy analyses, portfolio reviews, and collaboration with underwriting and claims to identify trends, opportunities, and areas of concern.
• Rate Development: Support the development and maintenance of rating capabilities for all assigned products / lines of business. This includes assistance with rate plan development, system requirements, testing, individual account rating and rate studies.
• Data & Reporting: Assist with the extraction, balancing, and analysis of data. Understand CapSpecialty's data sources, extraction tools, and appropriate tests for reasonability of data. Support data quality, completeness, and availability by testing data and reporting as assigned. Support and maintain scalable reports and dashboards that enable data driven decision making. Ensure all reports are accurate, timely and provide consistent easy to understand definitions and KPIs.
• AI Analytics: Execute reporting related to AI implementation performance and adoption. Assist with AI Monitoring & Continuous Improvement sub-committees for assigned AI use cases. This includes data review, discussion and documentation. Support testing and document outcomes related to AI potential improvements and upcoming releases.
• Ad Hoc & Peer Review: Perform ad-hoc analytic work to support other initiatives within the organization as needed. Contribute to team effort by accomplishing related results as needed. Participate in peer review of actuarial analyses.
• Development: Work towards achieving appropriate educational milestones related to improving actuarial and personal development.

Supervisory Responsibilities:

None.

Core Competencies:

• Strong written and verbal communication and organizational skills.
• Excellent interpersonal and customer service skills.
• Strong analytical and reasoning skills in interpretation of numbers.
• Ability to respond rapidly to changing work conditions and expectations.
• Proficient in Microsoft Office applications, including advanced Excel skills.
• Experience with R programming and data analytics tools, with the ability to extract, transform, analyze, and visualize data from multiple sources.
• Familiarity with database concepts, APIs, and JSON data structures, and an understanding of how these technologies support reporting, automation, AI-enabled solutions, and data-driven decision making.
• Self-starter with the ability and desire to discover problems and implement solutions.
• Ability to follow tasks through to their completion and to monitor progress once implemented, ensuring processes followed correctly.

Education and Experience:

• Bachelor’s Degree in Actuarial Science, Mathematics, or related field, or equivalent.
• Actuarial experience in the insurance industry, including data analysis experience.
• Demonstrated ability to pass actuarial exams.

Physical Demands:

• Prolonged periods of sitting at a desk and working on a computer.
• May be required to lift up to 15 lbs. at times.

CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.

Equal Employment Opportunity Employer