Actuarial Pricing Intern

Ryan SpecialtyChicago, IL
1d

About The Position

This role will be involved in all aspects of actuarial support for the Ryan Specialty. It is expected that this role will provide support to others within the actuarial pricing team, providing services to a number of the RSUM operations as required.

Requirements

  • Pursuit of BS in Math, Statistics, Computer Science, Actuarial Science, or a related degree.
  • Excellent technical aptitude.
  • Strong attention to detail.
  • Excellent knowledge of Excel, programming, and data manipulation.
  • Experience with Access, SQL, Tableau, Other, etc.
  • Ability to ask questions and creatively explore.
  • Willingness to get involved at all levels and aspects of the process as necessary.
  • Outstanding interpersonal skills.
  • Basic understanding of the insurance business.

Responsibilities

  • Scheduled and ad hoc analyses of underwriting performance and profitability
  • Strategic analysis (including predictive modeling), identifying strengths/weaknesses and opportunities, leading to process / rating improvements and underwriting intelligence
  • Product development – industry, peer, and market analyses to support new initiatives
  • Maintenance of existing rating tools, development of new models, and assisting with integration of same into the RSUM platform.
  • Regular communication with the underwriting staff and other internal functions such as IT and Finance.

Benefits

  • Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals.
  • In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
  • We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.
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