Senior Pricing Actuarial Analyst

AmTrust Financial Services, Inc.; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An innovative financial services company seeks a Senior Pricing Actuarial Analyst to enhance their pricing strategies and contribute to actuarial research. This role involves analyzing commercial lines for profitability, collaborating with various departments, and presenting insights through data visualization. The ideal candidate will have a strong background in mathematics or actuarial science, experience with programming languages like R and SQL, and a passion for problem-solving. Join a diverse and inclusive team dedicated to driving results and advancing your career in a supportive environment.

Benefits

Medical & Dental Plans

Life Insurance

401k Savings Plans

Paid Time Off

Health Care Flexible Spending

Dependent Care

Qualifications

• 3-5 years of actuarial experience with a focus on pricing.
• Actively pursuing actuarial exams and knowledge in insurance.

Responsibilities

• Analyze commercial lines for profitability and trends.
• Participate in actuarial research projects regarding pricing.

Skills

R

SQL

Python

SAS

Actuarial Science

Problem Solving

Communication Skills

Education

Bachelor’s degree in Mathematics

Actuarial Science

Financial Related Field

Tools

Microsoft Excel

Job description

Join to apply for the Senior Pricing Actuarial Analyst role at AmTrust Financial Services, Inc.

AmTrust Financial is seeking a Senior Actuarial Analyst to participate in pricing and other actuarial research and development projects. Experience in pricing of commercial lines of business is preferred. Other duties may be assigned.

AmTrust is an innovative, customer-centric organization. We are looking for someone who will add skillsets to our team in driving results. Ideally, this person will have experience making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or independently improving team workflow.

Responsibilities

• Independently analyze segments of commercial lines for profitability and trends
• Work closely with Underwriting, IT and Compliance departments
• Provide formal written communication and documentation of analyses
• Actively participate in discussions where recommendations are presented to the business. Monitor changes agreed to in the meetings via actively maintained data visualization dashboards.
• Work on actuarial research projects regarding pricing and planning
• Serve as a subject matter expert on pricing and rate development
• Complete state filings, including pulling together rate impacts, state exhibits and answering objections

Qualifications

• Bachelor’s degree in mathematics, actuarial science, or financial related field preferred
• Three to five years of actuarial experience
• Actively pursuing exams
• Understanding of insurance, underwriting, pricing, reinsurance, sales, and financials
• Ability to critically problem solve and use business knowledge in developing solutions
• Superior written and verbal communication skills
• Adept with programming languages / software such as R, SQL, Python, SAS and/or other statistical programming languages. Working experience with R and SQL strongly preferred
• Advanced knowledge of Microsoft Excel
• Ability to work with people from diverse backgrounds and with diverse skillsets

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. We value diversity as a business imperative, enabling us to attract, retain and develop the best talent available.