Associate Actuary, Worker's Compensation Pricing

AmTrust Financial Services, Inc.•,

About The Position

AmTrust is seeking an intelligent, forward-thinking, and motivated team member to join its Workers’ Compensation Actuarial Pricing team. The Associate Actuary will help solve problems, develop pricing strategy, and support profitability and growth at a workers’ compensation carrier. The role includes analyzing state and account results, recommending actions, supporting rate filings, monitoring performance, and contributing to broader actuarial and business initiatives.

Requirements

BS, BA, or higher degree.
ACAS or close to ACAS, with pursuit of FCAS.
At least 4 years of property-casualty commercial lines insurance experience.
Strong analytical and communication skills.
Extensive knowledge of Excel, Word, and SQL.
Ability to build strong relationships and enrich a positive team culture.

Nice To Haves

Workers’ Compensation pricing experience is strongly preferred.
Knowledge of R or Python is a plus.

Responsibilities

Calculate aggregate state rate indications.
Analyze state profitability at a segmented level and identify areas of opportunity and challenge.
Recommend rate changes or other actions that balance profitability and growth.
Provide actuarial support for quick rate filing approvals and ensure rate filings comply with state regulations.
Communicate results and insights to Product and other business partners to build consensus on a plan of action.
Develop, enhance, and maintain dashboards to track Workers’ Compensation results.
Track relevant economic trends and industry benchmarks.
Price large, high-deductible, and excess Workers’ Compensation accounts.
Contribute to actuarial research projects.
Contribute to planning.
Price reinsurance.
Support cross-line-of-business sales and pricing initiatives.
Partner with the Modeling team to assess predictive model outputs.