Actuarial Analyst
About The Position
Seeking a motivated Actuarial Analyst to support our Workers’ Compensation pricing team. This role offers the opportunity to work on meaningful business problems and collaborate with a fun, engaged and highly talented team. You will support the development of state rate indications, pricing large accounts, building and maintaining monitoring tools, and assisting in research to support pricing strategies. You will apply actuarial methodologies to assess rate adequacy at both an aggregate and segmented level and generate actionable insights to inform underwriting and business decisions. AmTrust is an innovative, customer-centric leader in commercial insurance, committed to growing responsibly and profitably. We are looking for someone who is analytical, detail oriented and communicates effectively. The right candidate will bring excellent problem-solving skills and a collaborative mindset. This is an exciting opportunity to make an impact while developing technical and business acumen.
Requirements
- Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, or a related field
- Actively pursuing ACAS/FCAS designation
- Good analytical and communication skills are a must
- Basic knowledge of Excel and SQL.
Nice To Haves
- Power BI and Git skills are a plus
- Previous insurance company internship preferred
Responsibilities
- Assist in producing state rate indications. Analyze trends, loss development and other underlying data to recommend assumptions. Collaborate with business partners to determine the rate need based on actuarial and other business considerations.
- Analyze segments of business for profitability, trend, and growth opportunities.
- Partner with Product, Underwriting, and Data Science departments
- Communicate results clearly and concisely to managers and peers
- Build, Maintain and enhance dashboards and reports
- Support actuarial research projects, interpret results and provide recommendations
- Complete state filing rate support, produce exhibits and respond to regulatory objections
- Be responsible for on-time completion of requests from other departments
- Identifying opportunities for enhancements to efficiency and accuracy and successfully implementing changes or new tools to address them
Benefits
- Medical & Dental Plans
- Life Insurance, including eligible spouses & children
- Health Care Flexible Spending
- Dependent Care
- 401k Savings Plans
- Paid Time Off
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
