Associate Actuary, Worker's Compensation Pricing

mid

OtherCompensation

0 views0 saves0 applied

Apply Now

Quick Summary

Overview

Overview We are growing and looking for an intelligent, forward-thinking, and motivated team member to join the Workers Compensation Actuarial Pricing team at AmTrust.

Technical Tools

OtherCompensation

We are growing and looking for an intelligent, forward-thinking, and motivated team member to join the Workers Compensation Actuarial Pricing team at AmTrust. If you’re an ACAS (or near) and excited to work on a collaborative team, solving problems, building strategy, and getting stuff done at a top workers compensation carrier, this is the place for you.

Responsibilities

~1 min read

Calculate aggregate state rate indications
Analyze state profitability at a segmented level and Identify areas of opportunity and challenge
Recommend rate changes or other actions that will provide the right balance between profitability and growth.
Provide actuarial support for quick rate filing approvals, ensuring rate filings are compliant with state regulations
Communicate results and insights to Product and other business partners to gain consensus on a go-forward plan of action

Develop, enhance, and maintain dashboards to track Workers’ Compensation results
Track relevant economic trends and industry benchmarks
Price large, high deductible and excess Workers Compensation accounts

Actuarial research projects
Planning
Reinsurance pricing
Support crossline of business sales and pricing initiatives
Partnering with the Modeling team to assess predictive model outputs

Requirements

~1 min read

BS, BA or higher degree
ACAS or close and pursual of FCAS
4+ years of property-casualty commercial lines insurance experience
Workers Compensation pricing experience is strongly preferred
Strong analytical and communication skills are a must
Extensive knowledge of Excel, Word, and SQL. R or Python knowledge is a plus
Ability to build strong relationships and enrich our positive team culture

#LI-BL1

What We Offer

~1 min read

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.