Senior Pricing Actuarial Analyst

AmTrust Financial Services Inc.; United States; Remote; USD 70,000 - 110,000; Full time

Job summary

An innovative, customer-centric organization is seeking a Senior Actuarial Analyst to join their team. This role involves analyzing commercial lines for profitability, collaborating with various departments, and contributing to actuarial research projects. The ideal candidate will possess strong programming skills in R and SQL, along with a solid understanding of insurance and financial principles. The company offers a competitive compensation package and values diversity, creating an inclusive culture where every employee's ideas are respected. This is a fantastic opportunity for someone looking to make an impact in the actuarial field.

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 commercial lines.
• Actively pursuing actuarial exams and understanding of insurance principles.

Responsibilities

• Analyze segments of commercial lines for profitability and trends.
• Provide documentation of analyses and participate in business discussions.

Skills

Actuarial Analysis

R Programming

SQL

Python

SAS

Microsoft Excel

Problem Solving

Communication Skills

Education

Bachelor’s degree in Mathematics

Actuarial Science

Financial Related Field

Tools

R

SQL

Python

SAS

Microsoft Excel

Job description

Overview

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

#LI-REMOTE

#AmTrust

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.