Associate Actuary

AmTrust Financial Services • Peck Slip, NY

244d

About The Position

ACAS or a new FCAS requested to participate in program pricing and other actuarial research and development projects for AmTrust Underwriters, Inc. Extensive experience in pricing of primary and/or reinsurance business is a must. Experience in pricing of program business is preferred.

Requirements

• BS, BA or higher in mathematics preferred
• ACAS or FCAS preferred
• 2-3 years' experience in a pricing atmosphere on large accounts resulting in actuarial familiarity
• Extensive knowledge of MS Excel, MS Access, SQL, and VBA preferred
• Business knowledge should include, but not be limited to basic accounting, finance, and insurance market place
• Strong analytical and communication skills are a must

Responsibilities

• Conduct actuarial pricing reviews and monitor results
• Peer review junior staff work products
• Complete special projects as directed by management and other related duties as required
• Responds to data requests from reinsurers, state insurance departments and other governmental or industry entities including interfacing with other departments (Claims, Underwriting, Legal) as required
• Communicate data needs with IT and ensure that there is an open feedback loop amongst IT and Actuarial
• Be responsible for on-time completion of requests from other departments
• Design effective presentations for Underwriting decision makers
• Serve as a subject matter expert on pricing and rate development
• Keep current with market trends and demands
• Perform other functionally related duties as assigned

Benefits

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

What This Job Offers

• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree