Student Actuary - Professional Lines

Oliver James; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading actuarial consulting firm is seeking a Student Actuary in New York City. This role focuses on advanced actuarial analyses and involves research, pricing strategy evaluation, and mentorship of junior staff. The ideal candidate has 3+ years of actuarial experience and a strong background in mathematics or a related field, along with proficiency in Excel and familiarity with programming languages like SQL, R, or Python. Visa sponsorship is not available.

Qualifications

• 3+ years of actuarial experience required.
• Solid foundation in pricing and reserving.
• GPA of 3.2+ in major and overall coursework.

Responsibilities

• Perform research and rate development for new business lines.
• Analyze and evaluate pricing strategies.
• Communicate results to actuaries and underwriters.
• Present findings in meetings.

Skills

Actuarial experience

Excel skills

Communication skills

Research and analysis

Education

Bachelor's degree in a quantitative field

Tools

SQL

R

Python

Power BI

ResQ

Job description

Overview

Join to apply for the Student Actuary - Professional Lines role at Oliver James.

The primary purpose of this position is to provide more advanced actuarial analyses, based upon generally accepted actuarial principles, and under the direction and oversight of more senior level actuaries. The completed analyses will be used by internal business leaders for data-based decision making. These analyses may relate to various areas of actuarial expertise, including: Pricing, Reserving, Reinsurance, Corporate Reporting, or combinations of these areas.

Responsibilities

• Perform research and rate development for new business lines to support profitable growth
• Analyze and evaluate cost-based pricing strategies and emerging opportunities
• Clearly communicate results and methodology to actuaries, underwriters, and cross-functional teams
• Adapt analyses based on feedback and changing assumptions to reflect risk more accurately
• Present findings in meetings and ensure all audiences grasp conclusions
• Flag actuarial concerns promptly to relevant stakeholders
• Support and mentor junior actuarial team members

Requirements

• 3+ years of actuarial experience
• Bachelor's degree in a quantitative field (Math, Statistics, Actuarial Science, etc.)
• GPA of 3.2+ in major and overall coursework
• Demonstrated exam progress toward ACAS or FCAS
• Strong Excel skills and general tech proficiency
• Preferred: experience in SQL, R, or Python
• Familiarity with Power BI and ResQ is a plus
• Solid foundation in pricing and reserving

Please note: Unfortunately, we are unable to provide support or sponsorship for visas at this time. Candidates must be legally authorized to work in the U.S.