Pricing Actuary
Fortegra•Woodbridge Township, NJ
•Onsite
About The Position
Fortegra is seeking a talented pricing actuary to assist with a wide variety of projects. This role offers an exciting opportunity to apply your expertise while broadening your skill set through diverse pricing and reserving tasks. This position is ideal for an actuary eager to make an impact and expand their professional horizons.
Requirements
- 5+ years of experience.
- 5+ actuarial exams completed, with a commitment to pursuing CAS designation.
- Proficiency in MS Excel.
- A proactive, creative approach to problem-solving.
- Exceptional interpersonal skills, with the ability to communicate complex results to diverse audiences.
- Strong organizational and prioritization skills.
- Ability to think creatively, highly-driven and self-motivated.
Nice To Haves
- Other insurance designation (CPCU, ARe etc.) a plus.
- Knowledge of SQL, Python or other programming languages is preferred.
- Familiarity with MGA business a plus.
Responsibilities
- Assist senior actuaries in review of new program opportunities.
- Identify areas of strong profitability for growth and underperforming segments for contraction or exit.
- Collaborate with the CAT modeling and reinsurance team to assess and address segments driving PMLs.
- Clearly and concisely present findings and recommendations to a range of stakeholders, including senior actuarial management, underwriting teams, compliance officers, external MGA partners, and regulators.
- Perform regular rate indications for all states and programs using standard actuarial methods.
- Recommend rate actions with a focus on profitability while considering market conditions and regulatory constraints.
- Research peer company filings and develop adequate and supportable rates where no data is available.
- Prepare rate filing analyses and exhibits, ensuring alignment with state-specific requirements and filing checklists.
- Address DOI objections strategically, promptly and effectively.
- Coordinate with compliance to ensure timely filing submissions.
- Support additional initiatives, such as reserve reviews for assigned segments, and data calls.
Benefits
- Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Senior
