Actuarial Analyst
About The Position
Reporting within the actuarial team based in New York. Key Responsibilities: Compile, clean, and interrogate data from internal and external data sources Perform analysis and modelling for assumed per-risk and proportional submissions Use RenaissanceRe pricing tools to price and represent risks Collaborate with the actuarial teams across the global casualty organisation and follow consistent pricing practices and approaches Assist on portfolio-wide and class-specific projects Communicate pricing results effectively to analysts and underwriters Contribute to the mission of the organization by implementing its operational plans and strategies and advocating for its corporate values and culture Monitor industry trends and deepen understanding of market characteristics using both proprietary and publicly available data.
Requirements
- Bachelor’s degree in mathematics, statistics, economics, finance, or related field.
- Expectation of, or currently active in, pursuing actuarial credential (ACAS, FCAS)
- Proficient knowledge of probability and statistics
- 2–4 years of insurance industry experience preferred.
- Strong computer skills desired, in particular MS Excel and PowerBI
- Programming knowledge desirable (e.g. R, Python, SQL, or VBA), with a focus on data manipulation and automation
- Strong communication skills with the ability to explain technical information to different audiences
- Strong analytical skills; problem-solving through a numerical, structured, logical approach and an ability to work under pressure and to meet challenging deadlines
- An ability to solve complex issues with pragmatic solutions
- Challenges the status quo and identifies innovative solutions to solve problems and improve work process
- We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
Responsibilities
- Compile, clean, and interrogate data from internal and external data sources
- Perform analysis and modelling for assumed per-risk and proportional submissions
- Use RenaissanceRe pricing tools to price and represent risks
- Collaborate with the actuarial teams across the global casualty organisation and follow consistent pricing practices and approaches
- Assist on portfolio-wide and class-specific projects
- Communicate pricing results effectively to analysts and underwriters
- Contribute to the mission of the organization by implementing its operational plans and strategies and advocating for its corporate values and culture
- Monitor industry trends and deepen understanding of market characteristics using both proprietary and publicly available data.
Benefits
- competitive compensation and benefits
- a comprehensive talent development program
- a reward system in which employees share in the success of the company
- generous employee matching program
- global and local community grants and employee volunteerism
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
