Chief Actuary

Applied Underwriters; New York (NY); Hybrid; USD 172,747 - 211,136; Full time

Benefits offered by this job

100% employer-paid medical, dental, and vision insurance

401(k) plan with 4% company match

Paid time off (PTO)

Employee Assistance Program (EAP)

Tuition reimbursement

Job summary

Applied Underwriters is looking for a Chief Actuary based in New York, NY, responsible for setting the strategy for the sustainability and profitability of the Managing General Underwriter. The ideal candidate needs a Bachelor's degree in Mathematics or Actuarial Science and 5 years of experience in building pricing models for various commercial insurance lines.

The position offers an attractive salary of $191,942 annually and comprehensive benefits including employer-paid health insurance, a 401(k) plan with matching, and tuition reimbursement.

Qualifications

• 5+ years of experience in a related field.
• Proven track record of building pricing models for multiple insurance lines.
• Must have FCAS designation and AAA membership.

Responsibilities

• Set strategy for sustainability and profitability of MGU.
• Report to work site when not telecommuting.

Skills

Experience in building pricing models for commercial insurance

Strong quantitative analysis

Telecommuting skills

Education

Bachelor’s degree in Mathematics or Actuarial Science

FCAS designation

Membership in AAA

Job description

Role Description

Verist Inc. seeks Chief Actuary in New York, NY to set strategy for the long-term sustainability and profitability of the Managing General Underwriter (MGU).

Requirements

• Bachelor’s degree or foreign equivalent in Mathematics, Actuarial Science or related quantitative field and five (5) years of progressively responsible experience in the job offered or a related occupation: building pricing models for multiple commercial insurance lines including general liability, commercial auto, workers compensation, umbrella and commercial property for the US market.
• Telecommuting and/or working from home may be permissible pursuant to company policy. When not telecommuting, must report to work site.
• Must have attained the Fellow of the Casualty Actuarial Society (FCAS) designation.
• Membership in the American Academy of Actuaries (AAA).

Our Benefits Include

• 100% employer-paid medical, dental, and vision insurance for employees.
• 401(k) plan with 100% immediate vesting and a 4% company match.
• Paid time off (PTO) and paid holidays.
• Life, disability, critical illness and accident insurance.
• Employee Assistance Program (EAP).
• Pre-tax Flexible Spending Accounts for health, dependent care, and commuter-related expenses.
• Tuition reimbursement.
• Fitness reimbursement and various additional quality-of-life benefits.

$191,942 - $191,942 a year