Associate Pricing Actuary

AmTrust Financial Services Inc.; Southington (CT); On-site; USD 80,000 - 110,000; Full time

Job summary

A leading financial services company is seeking an Actuary in Southington, Connecticut, to participate in small commercial pricing and actuarial research projects. The successful candidate will produce rate opinions, lead data collection efforts, and engage with cross-functional teams. Preferred qualifications include a degree in mathematics and 3-5 years of experience in property-casualty insurance. AmTrust Financial offers a competitive compensation package along with opportunities for career advancement and comprehensive benefits.

Benefits

Medical & Dental Plans

Life Insurance

401k Savings Plans

Paid Time Off

Qualifications

• ACAS or FCAS required.
• 3-5 years of property-casualty experience.
• Experience in primary pricing encouraged.

Responsibilities

• Produce rate need opinions and support filings.
• Lead data collection projects and communicate results.
• Work on actuarial research regarding pricing.

Skills

Analytical skills

Communication skills

Education

BS, BA or higher in mathematics

Tools

MS Excel

MS Word

MS Access

SQL

R

Job description

Overview

AmTrust Financial is seeking an ACAS or FCAS toparticipatein small commercial pricing and other actuarial research and development projects.Experience in pricing of primary and/or reinsurance business isa must. This unit supports small commercial BOP and Commercial Package products. Other duties may be assigned.

Responsibilities

• Actuary will be responsible for producing rate need opinions and supporting filings
• Actuary will lead projects in data collection and dissemination of results to underwriters and senior management
• Maintain communication with IT, compliance, claims, and UW departments on the various actuarial issues
• Be responsible for on-time completion of requests from other departments
• Work on actuarial research projects regarding pricing and planning.
• Serve as a subject matter expert on pricing and rate development

Qualifications

• BS, BA or higher in mathematics preferred
• ACAS or FCAS
• 3-5 years of property-casualty commercial insurance experience, in primary pricing either through actuarial rotational program and/or combination of insurance/reinsurance company and/or consulting firm experience.
• Strong analytical and communication skills are a must
• Extensive knowledge of MS Excel, MS Word, MS Access, SQL, and R.
• Commercial Property experience preferred
• Business knowledge should include, but not be limited to basic accounting, finance, and insurance.
• As required to perform the position duties and responsibilities. Excellent written communication skills, including correct use of grammar, spelling and punctuation. English required.
• Experience supporting small commercial products, including rate filings is strongly preferred
• Experience engaging with data science and modeling teams on pricing model and/or new product development a plus

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.