Business Analyst II, Underwriting

AmTrust Financial Services, Inc.; Nashua (NH); On-site; USD 56,000 - 90,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services, Inc. in Nashua, NH, seeks a pricing analytics professional to drive analytical insights, monitor pricing strategies, and manage initiatives affecting profitability and growth.

You will work closely with leadership to develop pricing models, support agency expansion, and contribute to behavioral analytics programs, enabling informed decision-making and operational efficiency.

Qualifications

• 3+ years experience in workers compensation related field, with focus on Underwriting/Product Management/Actuarial or Data Science.
• Communication skills are paramount, both written, oral and presentations
• Strong analytical skills with proficiency in Power BI/SQL and data visualization
• Ability to interpret complex data and translate into actionable strategies
• Solid understanding of WC insurance products and industry practices
• Collaborative mindset for cross-functional projects and agency growth initiatives

Responsibilities

• Monitor and track pricing model initiatives and new business/renewal strategies.
• Develop and maintain Power BI reports for performance monitoring.
• Provide regular updates on pricing strategies and adherence to budget targets.
• Manage and support DE rule monitoring and compliance.
• Analyze submission data to understand drivers of bind likelihood and pricing influence.
• Support Excess Workers’ Compensation initiatives and related projects.
• Collaborate on Behavioral Analytics programs.
• Assist in Agency plant expansion efforts in partnership with distribution teams.
• Evaluate and understand levers influencing quote to bind, RNS rate, available-to-renew, and retention metrics.
• Deep understanding of KPIs and line of business expertise to positively influence KPIs.
• Participate in ad hoc projects (e.g., partnerships, software collaborations).
• Work closely with APM and Data Science teams on model development (pricing, quote-to-bind, renewal retention).
• Provide insights and recommendations to improve underwriting and pricing processes.

Skills

Power BI

SQL

Data visualization

Analytical thinking

Job description

Overview

This role provides critical support to the Head of Department (AVP) by driving analytical insights, monitoring pricing strategies, and managing key initiatives that influence profitability and growth. Acting as an extension of leadership, the position ensures execution of strategic priorities—such as model development, agency expansion, and behavioral analytics—while delivering actionable reporting and industry expertise to enable informed decision-making and operational efficiency.

Responsibilities

• Analytical & Reporting:
  • Monitor and track pricing model initiatives and new business/renewal strategies
  • Develop and maintain Power BI (PBI) reports for performance monitoring
  • Provide regular updates on pricing strategies and adherence to budget targets
  • Manage and support DE rule monitoring and compliance
  • Analyze submission data to understand drivers of bind likelihood and pricing influence
• Industry & Strategic Support:
  • Support Excess Workers’ Compensation (WC) initiatives and related projects
  • Collaborate on Behavioral Analytics programs
  • Assist in Agency plant expansion efforts in partnership with distribution teams
  • Evaluate and understand levers influencing quote to bind, RNS rate, available-to-renew, and retention metrics
  • Deep understanding of key performance indicators and line of business expertise to positively influence KPIs
• Additional Contributions:
  • Participate in ad hoc projects (e.g., partnerships, software collaborations)
  • Work closely with APM and Data Science teams on model development (pricing, quote-to-bind, renewal retention)
  • Provide insights and recommendations to improve underwriting and pricing processes

Qualifications

• 3+ years experience in workers compensation related field, with focus on Underwriting/Product Management/Actuarial or Data Science.
• Communication skills are paramount, both written, oral and presentations
• Strong analytical skills with proficiency in Power BI/SQL and data visualization
• Ability to interpret complex data and translate into actionable strategies
• Solid understanding of WC insurance products and industry practices
• Collaborative mindset for cross-functional projects and agency growth initiatives

Compensation

The expected salary range for this role is $56,000-90,000k/yr

Benefits

• Medical & Dental Plans
• Life Insurance, including eligible spouses & children
• Health Care Flexible Spending
• Dependent Care
• 401k Savings Plans
• Paid Time Off