Sr Actuarial Analyst

SageSure • Jersey City, NJ

1d • Hybrid

About The Position

Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experiences to advance your career. You’ll not only be predicting and modeling risk in some of America’s most challenging markets but will also be working in multiple actuarial disciplines, including pricing, product development, ratemaking, reserving, and advanced analytics. At SageSure, you’ll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company with our underwriting, marketing, program operations, and software teams. SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US, named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023). Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders. The company has more than 1,000 employees in a distributed workforce environment across 12 offices. SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in, championing belonging and inclusion for all identities.

Requirements

• Bachelor’s degree in Actuarial Science or STEM-related field.
• 2-4 years of experience in an actuarial role.
• Passage of three or more actuarial exams with the goal of attaining ACAS/FCAS.
• Solid analytical, problem-solving, and reasoning skills.
• Strong communication skills with both technical and non-technical resources.
• Proactive and collaborative approach to guiding projects across multiple stakeholders.
• Proficient with Microsoft Office suite.
• Strong technical skills with proficiency in Python, R, or SQL.
• Deep desire to learn.
• Ability to work independently and as a team member.
• Proven organizational and time-management skills; strong attention to detail.
• Demonstrate understanding and knowledge of key business drivers e.g. underwriting, product, reinsurance, and industry trends.
• Strong problem-solving and decision-making skills; ability to think critically and strategically.

Responsibilities

• Manage interns and lead work streams and projects tied to company goals.
• Mentor actuarial team members.
• Continuously sophisticate and advance the science of core actuarial analytics.
• Lead/Assist the team in the evaluation of rate adequacy / indications.
• Support the sophistication of large account pricing.
• Complete support documentation for product filings with Departments of Insurance and assist with responses to rate related inquiries.
• Lead/Assist with research projects including developing predictive models and visualizing results to support business decisions.
• Perform competitive intelligence analysis.
• Utilize and/or create models to assess profitability in current rating structures.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 251-500 employees