Senior Actuarial Analyst, E&S Pricing (Study Support)

AmTrust Financial Services Inc.; Cleveland (OH); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

401k Savings Plan

Paid Time Off

Job summary

AmTrust Financial Services Inc. in Cleveland, Ohio, seeks an actuarial pricing analyst for Excess & Surplus (E&S) within the Commercial Lines Pricing team.

The role reports to the Actuarial Manager and focuses on pricing and monitoring a $500M E&S book that includes General Liability, Property and Umbrella. The successful candidate will join the actuarial student program with study hours and exam support, collaborating with underwriting and senior management to drive profitability and accurate

Qualifications

• Bachelor’s degree in actuarial science, math, economics or statistics.
• 2–4 years actuarial experience in commercial property–casualty.
• 3–5 CAS exams and actively pursuing designation.
• Strong MS Excel, VBA and SQL preferred.
• Excellent communication and interpersonal skills.

Responsibilities

• Conduct profitability studies by business segment for E&S (GL, Property, Umbrella).
• Participate in monthly/quarterly product monitoring to identify issues and opportunities and assist in action plans.
• Communicate pricing results to underwriting and senior management including profitability drivers and trends.
• Review pricing tools and refine them; provide outputs and assumptions of pricing tools.
• Develop and maintain pricing parameters (premium/loss trends, loss development factors, increased limits factors, industry loss ratios).
• Analyze industry trends and highlight implications for the business.

Skills

Communication

Analytical thinking

Self-starter

Interpersonal skills

Education

Bachelor's degree in Actuarial, Math, Economics or Statistics

Tools

Excel

SQL

VBA

Job description

AmTrust Financial Services Inc. in Cleveland, Ohio, seeks an actuarial pricing analyst for Excess & Surplus (E&S) within the Commercial Lines Pricing team.

The role reports to the Actuarial Manager and focuses on pricing and monitoring a $500M E&S book that includes General Liability, Property and Umbrella. The successful candidate will join the actuarial student program with study hours and exam support, collaborating with underwriting and senior management to drive profitability and accurate