Actuarial Manager

ryansg; Philadelphia (Philadelphia County); On-site; USD 156,000 - 195,000; Full time

Benefits offered by this job

Bonuses

Full-time benefits

Paid time off

Parental leave

Mental health services

Job summary

Ryan Specialty is seeking an actuarial leader to provide support across business units, central functions, and external partners. You will drive pricing, underwriting support, loss projection, and risk analysis with a highly visible role and strategic impact.

The position requires 6+ years in actuarial roles with 3+ years in supervision, and FCAS/CRMA/AAA preferred. Collaboration with internal/external teams, and leadership of portfolio modeling and business intelligence initiatives are central.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field with 6+ years.
• 3+ years of supervisor or lead experience.
• FCAS, CRMA or AAA membership preferred.

Responsibilities

• Development and management of key stakeholder relationships, both internal and external.
• Scheduled and ad hoc actuarial analyses of underwriting performance, profitability, and projection.
• Ownership of strategic analysis and predictive modeling aimed at process/rate/UW intelligence improvement.
• Product and tool strategy & development in support of new and existing initiatives.
• Ownership/leadership of projects, including portfolio modeling & monitoring, risk aggregation assessment, and BI/MI processes.
• Drive strategy around the use of technology underlying actuarial analysis and decision-making.
• Communication with underwriting teams, management teams, and central functions.
• Communication with insurance partners and external actuarial teams.

Skills

Actuarial Analytics

Pricing Strategy

Risk Management

Product Strategy

KPI Tracking

Data Analysis

Financial Management

Corporate Reserving

Business Planning

Product Strategy

Communication

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Job description

Position Summary

This role will be lead in a multitude of actuarial support for Ryan Specialty business units, central functions, and/or external partners; work may relate to pricing, underwriting support, loss projection, and/or risk analysis; this role is a highly visible position in an area of strategic importance and require significant collaboration and coordination across the organization.

What will your job entail?

Job Responsibilities

• Development and management of key stakeholder relationships, both internal and external.
• Scheduled and ad hoc actuarial analyses of underwriting performance, profitability, and projection.
• Ownership of strategic analysis and predictive modeling aimed at process/rate/UW intelligence improvement, including identifying strengths, weaknesses, opportunities, threats, and other strategic elements.
• Product and tool strategy & development in support of new and existing initiatives.
• Ownership/leadership of projects, including portfolio modeling & monitoring, risk aggregation assessment, peer & industry comparisons, and business intelligence & management information processes.
• Play a key role in driving strategy around the use of technology underlying actuarial analysis and supporting key decision-making.
• Consistent and efficient communication with the underwriting teams, management teams, and central functions.
• Consistent and efficient communication with insurance partners and external actuarial teams.

Work Experience and Education

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field with 6+ years.
• 3+ years of supervisor or lead experience.

Licenses & Certifications

• Fellow of the Casualty Actuarial Society (FCAS), Certification in Risk Management and Assurance (CRMA) or Member of American Academy of Actuaries (AAA) is preferred.

Technical/Functional Skills

• Business Planning
• Actuarial Analytics
• Pricing Strategy
• Risk Management
• New Product Development
• Corporate Reserving
• Financial Management
• Data Analysis and Reporting
• Product Strategy
• KPI Tracking

Behavioral Skills

• Effective Communication
• Interpersonal Skills
• Attention to Detail
• Decision Making
• Problem-Solving
• Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

• Paid time off for company holidays, vacation, sick and personal days
• Paid parental leave
• Mental health services
• Full-time roles are eligible for bonuses and benefits

The target salary range for this position is $156,000.00 - $195,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [e-mail]

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.