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Senior Actuarial Analyst II
2 months ago
AmTrust Financial is seeking an Actuarial Student to participate in small commercial pricing and other actuarial research and development projects. Experience in pricing of primary and/or reinsurance business is preferred. This unit supports small commercial BOP and Commercial Package products. Other duties may be assigned.
AmTrust is an innovative, customer-centric organization that is looking to grow in the Small Commercial Property and General Liability space. We are looking for someone who will add skillsets to our team in driving results. Ideally, this person will have experience making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or independently improving team workflow.
Responsibilities
- Independently analyze segments of the small commercial book (Property, General Liability and Umbrella) for profitability and trends
- Complete state filings, including pulling together rate impacts, state exhibits and answering objections
- Work closely with Product, Underwriting and Compliance departments
- Provide formal written communication and documentation of analyses
- Actively participate in discussions where recommendations are presented to the business. Monitor changes agreed to in the meetings
- Work on actuarial research projects regarding pricing and planning
- Serve as a subject matter expert on pricing and rate development
Qualifications
- Bachelor's degree in mathematics, actuarial science, or financial related field preferred
- Three to seven years of actuarial experience
- Actively pursuing exams
- Understanding of insurance, underwriting, pricing, reinsurance, sales, and financials
- Ability to critically problem solve and use business knowledge in developing solutions
- Superior written and verbal communication skills
- Advanced knowledge of Microsoft Excel
- Adept with programming languages / software such as SAS, R, SQL, and/or other statistical programming languages preferred
- Ability to work with people from diverse backgrounds and with diverse skillsets
What We Offer
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.
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