Actuary

Willow East Group; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Professional development

Job summary

Willow East Group is seeking an Actuary in New York, NY for a full-time role. You will assess risk for underwriting and claims, build models, and advise on risk management strategies.

A bachelor’s in Actuarial Science or related field and 5+ years of experience are required; professional designation is a plus. The role involves collaboration with underwriters and claims teams to deliver sound financial solutions.

Qualifications

• Bachelor's degree in Actuarial Science or a related field is required.
• Professional actuarial designation (FSA/ACAS) preferred.
• 5+ years of risk assessment and financial analysis experience.
• Strong analytical and problem-solving abilities.
• Proficiency with actuarial software and tools.

Responsibilities

• Develop and implement risk management strategies and models.
• Conduct risk assessments and provide actuarial analyses to support underwriting decisions.
• Evaluate and manage insurance products and programs for financial soundness.
• Provide guidance to clients on risk mitigation.
• Monitor and analyze claims data to identify trends and improve processes.
• Collaborate with internal teams and external partners.

Skills

Actuarial modeling

Risk assessment

Data analysis

Insurance knowledge

Communication skills

Actuarial software

Education

Bachelor's degree in Actuarial Science or related field

Tools

Actuarial software

Job description

Willow East Group, based in New York, NY, is hiring an Actuary for a FULL_TIME position. This role involves assessing and managing risk, with a negotiable salary and benefits package.

The Actuary will evaluate risk for underwriting and claims teams, providing insights to ensure financial stability. You'll analyze data, create models, and advise on risk management strategies.

You'll work in a team environment at our New York office, collaborating with underwriters, claims specialists, and other actuaries to deliver comprehensive risk solutions.

The salary for this position is negotiable, taking into account the candidate's experience and qualifications. In addition to the base salary, employees can benefit from a comprehensive package that includes health insurance, retirement plans, and opportunities for professional development. These benefits are designed to support the overall well-being and career growth of the employee. The exact compensation package will be determined based on the specific experience and qualifications of the candidate, ensuring that it aligns with industry standards and the unique needs of the role.

You must have a bachelor's degree in Actuarial Science or a related field, and 5+ years of experience in risk assessment and financial analysis. Proficiency in actuarial software and strong analytical skills are required.

What You Will Do:

• Develop and implement risk management strategies and models.
• Conduct risk assessments and provide actuarial analyses to support underwriting decisions.
• Evaluate and manage insurance products and programs to ensure they are financially sound.
• Provide guidance and advice to clients on risk mitigation and management.
• Monitor and analyze claims data to identify trends and improve claims processes.
• Collaborate with internal teams and external partners to achieve organizational goals.

What You Bring:

• Bachelor's degree in Actuarial Science or a related field.
• Professional actuarial designation (e.g., Fellow of the Society of Actuaries (FSA) or Associate of the Casualty Actuarial Society (ACAS)).
• Proven experience in risk assessment, modeling, and analysis.
• Strong understanding of insurance products, underwriting, and claims processes.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in actuarial software and tools.