Associate Actuary, Pricing

AmTrust Financial Services, Inc.New York, NY

About The Position

Seeking a motivated and analytically driven Associate Actuary to drive strategic pricing and advanced research projects within our Workers Compensation Pricing group. This is a high-impact role offering the opportunity to work on meaningful business problems and collaborate with a fun, engaged and highly talented team. You will be responsible for developing state rate indications, pricing large accounts, building, maintaining and enhancing monitoring tools, and leading research projects to support pricing strategies. You will apply actuarial methodologies to assess rate adequacy at both an aggregate and segmented level, while generating actionable insights that directly 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 enjoys working in a fast-paced environment and communicates effectively. The right candidate will bring not only strong technical skills, but also a collaborative mindset. This is an exciting opportunity to make a real impact while continuing to develop your technical and business acumen.

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, or a related field
  • ACAS or FCAS
  • 5+ years of property-casualty commercial insurance experience
  • Strong analytical and communication skills are a must
  • Extensive knowledge of Excel and SQL.
  • Workers Compensation experience preferred or experience supporting commercial lines products, including rate filings

Nice To Haves

  • Power BI and Git skills are a plus

Responsibilities

  • Produce state rate indications. Analyze trends, loss development and other underlying data to select 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. Present insights and propose actions that support profitable growth.
  • Partner with Product, Underwriting, and Data Science departments
  • Communicate results clearly and concisely to senior leadership.
  • Build, Maintain and enhance dashboards and reports
  • Responsible for actuarial research projects, interpreting results and providing recommendations
  • Lead state filing rate support, produce exhibits and respond to regulatory objections

Benefits

  • Medical & Dental Plans
  • Life Insurance, including eligible spouses & children
  • Health Care Flexible Spending
  • Dependent Care
  • 401k Savings Plans
  • Paid Time Off
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