Actuarial Associate, North American Reinsurance Actuarial Group

Allied World; New York (NY); On-site; USD 75,000 - 85,000; Full time

Job summary

Allied World is seeking an actuarial associate to assist in pricing treaty submissions, test and improve models, and analyze industry data for pricing tools. The role involves preparing data for pricing databases and meeting with brokers and clients as needed.

With 0–2 years of related experience and a CAS exam in progress, the candidate should demonstrate Excel proficiency and strong communication skills to prioritize tasks effectively in a collaborative environment.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, or a technical major.
• 0–2 years related work experience.
• Completion of at least one CAS actuarial exam.
• Recent actuarial internship experience is preferred.
• Proficiency in Microsoft Excel is required. Knowledge of VBA and SAS is preferred.
• Strong communication skills and the ability to prioritize efficiently.

Responsibilities

• Assist in pricing individual treaty submissions.
• Contribute to the testing and improvement of actuarial models.
• Collect and analyze industry data for usage within pricing tools.
• Prepare data for inclusion in pricing database.
• Meet with brokers and clients as required.
• Complete Casualty Actuarial Society designation (or equivalent).

Skills

Communication skills

Prioritization

Education

Bachelor's degree in actuarial science or mathematics

Tools

Microsoft Excel

VBA

SAS

Job description

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Duties & Responsibilities

• Assist in pricing individual treaty submissions.
• Contribute to the testing and improvement of actuarial models.
• Collect and analyze industry data for usage within pricing tools.
• Prepare data for inclusion in pricing database.
• Meet with brokers and clients as required.
• Complete Casualty Actuarial Society designation (or equivalent).

Requirements

• Bachelor’s degree in actuarial science, mathematics, or another technical major.
• 0-2 years related work experience.
• Completion of at least one Casualty Actuarial Society (CAS) actuarial exam.
• Recent actuarial internship experience is preferred.
• Proficiency in Microsoft Excel is required. Knowledge of VBA and SAS is preferred.
• Strong communication skills and the ability to prioritize efficiently.

The salary range

for this role is between:

$75,000 - $85,000

The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World’s comprehensive total reward package, which may also include annual incentive compensation rewards.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.Allied World is an Equal Opportunity Employer.All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

• Instant membership in the Allied World - a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.