Senior Actuarial Analyst, BOP Pricing

AmTrust Financial Services Inc.; New York (NY); Hybrid; USD 120,000 - 180,000; 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. is seeking a talented actuary to join our Commercial Lines Actuarial Pricing team in New York. You will analyze profitability, support rate indications, and collaborate with product management to balance growth and profitability.

The role requires ACAS or near FCAS, 4+ years of P&C commercial lines pricing experience, and strong analytical and communication skills. Proficiency in Excel, Word, SQL; knowledge of R or Python is a plus, with a collaborative,

Qualifications

• Bachelor's degree or higher required.
• ACAS or near FCAS designation pursued.
• 4+ years of property-casualty commercial lines experience.
• BOP or GL/Property pricing experience preferred.
• Strong analytical and communication skills.
• Proficiency in Excel, Word, SQL; knowledge of R or Python a plus.
• Ability to build relationships and contribute to team culture.

Responsibilities

• Support profitability analysis and rate indications for BOP portfolio.
• Analyze results by state, industry, and other key business segments, and provide actionable insights to product management and business leaders.
• Recommend rate changes and other strategic actions to achieve an appropriate balance between profitability and growth.
• Provide actuarial support for rate filings, including responding to regulatory objections and ensuring compliance with state insurance requirements.
• Communicate findings, recommendations, and business implications to Product and other stakeholders to drive alignment and support decision-making.
• Develop, enhance, and maintain dashboards and monitoring tools to track BOP performance and key business metrics.
• Monitor economic trends, competitive market dynamics, and industry benchmarks to inform pricing strategy and business decisions.

Skills

Analytical skills

Communication skills

Relationship building

Education

BS/BA or higher degree

Tools

Excel

Word

SQL

R

Python

Job description

Overview

We are growing and seeking a talented, forward-thinking, and highly motivated actuary to join AmTrust's Commercial Lines Actuarial Pricing team. If you are an ACAS, or close to achieving your designation, and enjoy working collaboratively to solve complex problems, develop strategy, and drive meaningful results, we’d love to hear from you. This is an exciting time to join as we build out and rapidly grow our BOP product.

Responsibilities

• Support profitability analysis and rate indications for BOP portfolio.
• Analyze results by state, industry, and other key business segments, and provide actionable insights to product management and business leaders.
• Recommend rate changes and other strategic actions to achieve an appropriate balance between profitability and growth.
• Provide actuarial support for rate filings, including responding to regulatory objections and ensuring compliance with state insurance requirements.
• Communicate findings, recommendations, and business implications to Product and other stakeholders to drive alignment and support decision-making.
• Develop, enhance, and maintain dashboards and monitoring tools to track BOP performance and key business metrics.
• Monitor economic trends, competitive market dynamics, and industry benchmarks to inform pricing strategy and business decisions.

Qualifications

• BS, BA or higher degree
• ACAS or close and pursual of FCAS
• 4+ years of property-casualty commercial lines insurance experience
• BOP or GL/Property pricing experience is preferred
• Strong analytical and communication skills are a must
• Extensive knowledge of Excel, Word, and SQL. R or Python knowledge is a plus
• Ability to build strong relationships and enrich our positive team culture

Why Join AmTrust?

• Opportunity to help shape and grow a rapidly expanding BOP product.
• Significant visibility and partnership with Product and business leadership.
• Collaborative, high-performing actuarial team environment.
• Meaningful opportunities for professional growth and continued actuarial development.

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.