Property Actuarial Analyst

EPIC Brokers • New York, NY

1d • $150,000 - $200,000 • Hybrid

About The Position

EPIC Insurance Brokers & Consultants is seeking a Property Actuary to build, validate, and maintain actuarial and CAT models for property insurance pricing. This role involves hands-on data analysis, model refinement, and translating complex outputs into actionable recommendations for clients and brokers. The position is ideal for someone who enjoys building property pricing models and wants to influence how clients purchase insurance. The company emphasizes core values of Owner mindset, Inspire trust, Think big, and Drive results, and is experiencing significant growth.

Requirements

• ACAS preferred, but seriously considered with at least 2 years of dedicated property pricing or modeling experience if not credentialed.
• Demonstrated experience in property modeling, including loss development, trend, frequency/severity, CAT load integration, and layer pricing.
• Proficiency in handling large, complex datasets with strong Excel skills.
• Experience with at least one of Python, R, or SQL.
• Experience using AI tools (e.g., Copilot, ChatGPT, Claude) in daily work, understanding their benefits and limitations.
• Ability to explain complex actuarial concepts clearly to brokers and clients without jargon.
• Minimum of 2 years of actuarial work, with significant focus on property pricing or modeling.
• Bachelor's degree in actuarial science, mathematics, statistics, or another quantitative field.
• Understanding of commercial property insurance, including program structures, risk towers, TIV values, and underlying actuarial principles.
• Familiarity with major CAT models (AIR, RMS) and how vendor outputs are integrated into pricing.
• Experience with benchmarking, limit adequacy work, and TCOR modeling in renewal discussions.
• Comfort with complex insurance programs, including layered placements, quota shares, deductibles, self-insured retentions, and captives.
• Ability to collaborate effectively with diverse stakeholders, including brokers, practice leaders, clients, and technical teams.

Nice To Haves

• Brokerage, reinsurance, or carrier-side property pricing experience.
• Experience demonstrating how actuarial work influences placement decisions.
• Hands-on experience with major CAT models (AIR, RMS).
• Self-starter mindset with a desire to help build a growing practice.

Responsibilities

• Build, validate, and maintain actuarial and statistical models for pricing property risk, including CAT and non-CAT scenarios.
• Collaborate with a geographically dispersed team of over 10 actuaries, with a core group in NYC.
• Utilize models to generate indicated rates, layer pricing, limit adequacy assessments, retention analysis, and Total Cost of Risk (TCOR) views to inform placement decisions.
• Perform data cleaning and preparation, including working with Statement of Values (SOVs), loss runs, and policy schedules, and establish efficient workflows for future analyses.
• Translate model outputs into client-readable formats such as slides, benchmarks, and concise written narratives for brokers to present to CFOs.
• Engage with producers, property practice leaders, and clients to discuss findings, address questions, and help shape program structures.
• Contribute to new business efforts, including responding to Requests for Proposals (RFPs), participating in prospect meetings, and developing actuarial narratives.
• Leverage AI tools for tasks like data cleanup, initial code generation, and drafting client narratives, and use AI to stress-test models, challenge assumptions, and validate results.
• Ensure models are well-documented and auditable for team accessibility.

Benefits

• Generous Paid Time off (Managed PTO for salaried/exempt; 22 PTO days for hourly/non-exempt; 12 paid holidays; 4 early-close days)
• Paid parental leave, pregnancy disability and bonding leave, and organ/bone marrow donor leave
• Employee referral bonus program ($1,500 per referral)
• Employee recognition programs and awards
• Employee Resource Groups (Women’s Coalition, EPIC Veterans Group)
• Professional growth & development opportunities (Mentorship Program, Tuition Reimbursement Program, Leadership Development)
• Unique benefits: Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• 401(k) matching
• Medical insurance
• Dental insurance
• Vision insurance
• Wellness & employee assistance programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level