Actuary/Senior Actuarial Analyst, Pricing
Ryan Specialty•Chicago, IL
•$136,000 - $170,000
About The Position
The Pricing Actuary supports both growth and profitability targets of various MGUs. This role is responsible for performing analysis across a diverse set of programs including both property and casualty coverages in a quick paced and entrepreneurial environment.
Requirements
- Bachelor’s or Master’s degree in actuarial science, mathematics, or another major with quantitative course work
- 5+ years actuarial experience or a Master’s Degree with 3 + years of experience.
- P&C industry experience with a preference for Commercial Lines pricing experience.
- Fluent with Excel, PowerPoint, and Power BI
- Solid understanding of pricing principles
- Familiarity with database tools - SQL/DataBricks
- Familiarity with data analytics tools - R/Python
- Familiarity with multivariate analysis and GLM development/maintenance
Nice To Haves
- ACAS or FCAS designation is strongly preferred
Responsibilities
- Assist in portfolio remediation and the development of new programs
- Improve the effectiveness of existing pricing models, develop new models as required and work with UW teams to ensure understanding and buy-in.
- Communicate results and strategy to carrier partners.
- Assist in the compilation of portfolio-level statistics, with opportunities for dashboard development/maintenance.
- Assist in the evolution of rating tools.
- Perform vendor evaluations and seek ways to enhance efficiency, profitability and growth.
Benefits
- paid time off for company holidays, vacation, sick and personal days
- paid parental leave
- mental health services
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
