Associate Actuary, Pricing

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Overview

Overview Seeking a motivated and analytically driven Associate Actuary to drive strategic pricing and advanced research projects within our Workers Compensation Pricing group.

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OtherAssociate

Seeking a motivated and analytically driven Associate Actuary to drive strategic pricing and advanced research projects within our Workers Compensation Pricing group. This is a high-impact role offering the opportunity to work on meaningful business problems and collaborate with a fun, engaged and highly talented team.

You will be responsible for developing state rate indications, pricing large accounts, building, maintaining and enhancing monitoring tools, and leading research projects to support pricing strategies. You will apply actuarial methodologies to assess rate adequacy at both an aggregate and segmented level, while generating actionable insights that directly inform underwriting and business decisions.

AmTrust is an innovative, customer-centric leader in commercial insurance, committed to growing responsibly and profitably. We are looking for someone who enjoys working in a fast-paced environment and communicates effectively. The right candidate will bring not only strong technical skills, but also a collaborative mindset. This is an exciting opportunity to make a real impact while continuing to develop your technical and business acumen.

Responsibilities

~1 min read

→Produce state rate indications. Analyze trends, loss development and other underlying data to select assumptions. Collaborate with business partners to determine the rate need based on actuarial and other business considerations.
→Analyze segments of business for profitability, trend, and growth opportunities. Present insights and propose actions that support profitable growth.
→Partner with Product, Underwriting, and Data Science departments
→Communicate results clearly and concisely to senior leadership.
→Build, Maintain and enhance dashboards and reports
→Responsible for actuarial research projects, interpreting results and providing recommendations
→Lead state filing rate support, produce exhibits and respond to regulatory objections

Requirements

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Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, or a related field
ACAS or FCAS
5+ years of property-casualty commercial insurance experience,
Strong analytical and communication skills are a must
Extensive knowledge of Excel and SQL. Power BI and Git skills are a plus
Workers Compensation experience preferred or experience supporting commercial lines products, including rate filings

What We Offer

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AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.