Senior Actuarial Analyst

Ryan Specialty • Nashville, TN

13d • $88,000 - $110,000

About The Position

The Senior Actuarial Analyst is responsible for conducting complex actuarial analyses and providing insights to support business decisions. This role involves advanced data analysis, model development, and collaboration with various departments. Strong analytical skills, attention to detail, and the ability to communicate complex information effectively are essential for success in this position.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field with 2+ years of related experience; or an advanced degree without experience; or equivalent work experience.
• ACAS or near ACAS

Responsibilities

• Scheduled and ad hoc actuarial analyses of underwriting performance, profitability, and projection.
• Support of strategic analysis and predictive modeling aimed at process/rate/UW intelligence improvement, including identifying strengths, weaknesses, opportunities, threats, and other strategic elements.
• Product and tool development in support of new and existing initiatives.
• Consistent and efficient communication with the underwriting teams, management teams, and central functions.
• Consistent and efficient communication with insurance partners and external actuarial teams.
• Perform in-depth data analysis to identify trends and patterns that impact financial risk.
• Develop and refine actuarial models to forecast future events and financial outcomes.
• Assess the financial implications of various risk scenarios and provide strategic recommendations.
• Prepare comprehensive reports and presentations to communicate findings and recommendations to stakeholders.
• Ensure all actuarial practices comply with relevant regulations and standards.
• Work closely with other departments, such as finance, underwriting, and product development, to support business objectives.
• Conduct research on market trends and industry developments to inform actuarial assumptions and models.
• Maintain detailed documentation of methodologies, assumptions, and processes used in actuarial analyses.
• Utilize advanced actuarial software and tools to perform complex calculations and analyses.
• Provide guidance and mentorship to junior actuarial analysts, fostering their professional development.

Benefits

• In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
• For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees