Associate Actuarial Data Analyst, Reserving

Ascot GroupChicago, IL
$70,000 - $75,000Hybrid

About The Position

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline. Ascot is embedding artificial intelligence (AI) and automation across the organisation to enhance decision‑making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI‑enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work. As part of Ascot’s Actuarial Reserving business unit, the Associate Actuarial Data Analyst, Reserving will work on critical “run the business” core services such as data manipulation and querying, template creation, tool support, and coding. The Associate Data Analyst will be responsible for running and maintaining reports centered around Reserving analyses. They will also assist the actuarial team in building reports that highlight our Reserving findings, empower the team to work efficiently with large data sets, and where applicable leverage third party data. This role will work in the office on a hybrid (at least 3 times per week) work schedule.

Requirements

  • Bachelor’s degree with strong academic performance
  • Strong data skills/advanced analytical capability gained as part of an Insurance, IT, Finance, Data, or Math curriculum
  • Experience coding in SQL, and R/Python
  • Excel experience in an analytical environment. Prior work experience preferred but not required
  • Ability to learn, understand, and apply technical concepts
  • Demonstrate ownership for well-defined tasks
  • Able to work within deadlines, manage time, and prioritize with guidance
  • Establish effective relationships with peers and team managers
  • Commitment to advancing technical knowledge and skills
  • Insurance industry experience is preferred, but not required
  • Strong attention to detail and verifying data, maintaining high levels of accuracy

Responsibilities

  • Apply programming/engineering fundamental principles in building and testing data tools, systems and reporting solutions
  • Assist in the creating of reports to highlight Reserving findings
  • Clean, reconcile, and validate data from various internal systems to ensure accuracy
  • Support reserving team by validating and analyzing data
  • Collaborate with other functional areas to improve data quality and consistency
  • Assist with ad hoc projects as needed and contribute to a collaborative, high‑performing culture aligned with The Ascot Way

Benefits

  • Medical (including prescription coverage)
  • Dental
  • Vision
  • Health Savings Account
  • Commuter Account
  • Health Care and Dependent Care Flexible Spending Accounts
  • Life Insurance
  • AD&D
  • Work/Life Resources (including Employee Assistance Program)
  • Paid holidays
  • annual Paid Time Off (includes paid state /local paid leave where required)
  • Short-term Disability
  • Long-term Disability
  • Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
  • Contributory Savings Plan (401k)
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