AmTrust Financial
Senior Actuarial Analyst - Cyber Pricing
AmTrust Financial, Melville, New York, us, 11775
Senior Actuarial Analyst - Cyber Pricing
Job Locations:
US-United StatesRequisition ID:
2024-17218Category:
ActuarialPosition Type:
Regular Full-TimeOverview
AmTrust Financial is seeking a Senior Actuarial Analyst to participate in Cyber and Management Liability pricing and other actuarial research and development projects. Experience in pricing of Cyber business is preferred. This unit supports Cyber and Management liability lines. Other duties may be assigned.AmTrust is an innovative, customer-centric organization. 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 Cyber and Management Liability (Large Cyber, Small Admitted Cyber, Cyber Programs, D&O) for profitability and trendsWork closely with Underwriting, IT and Compliance departmentsProvide formal written communication and documentation of analysesActively participate in discussions where recommendations are presented to the business. Monitor changes agreed to in the meetings via actively maintained data visualization dashboards.Work on actuarial research projects regarding pricing and planningServe as a subject matter expert on pricing and rate developmentComplete state filings, including pulling together rate impacts, state exhibits and answering objectionsQualifications
Bachelor's degree in mathematics, actuarial science, or financial related field preferredThree to five years of actuarial experienceActively pursuing examsUnderstanding of insurance, underwriting, pricing, reinsurance, sales, and financialsAbility to critically problem solve and use business knowledge in developing solutionsSuperior written and verbal communication skillsAdept with programming languages/software such as R, SQL, Python, SAS and/or other statistical programming languages. Working experience with R and SQL strongly preferredAdvanced knowledge of Microsoft ExcelAbility to work with people from diverse backgrounds and with diverse skillsetsThe salary range for this role is $110,000 - $130,000. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.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. 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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Job Locations:
US-United StatesRequisition ID:
2024-17218Category:
ActuarialPosition Type:
Regular Full-TimeOverview
AmTrust Financial is seeking a Senior Actuarial Analyst to participate in Cyber and Management Liability pricing and other actuarial research and development projects. Experience in pricing of Cyber business is preferred. This unit supports Cyber and Management liability lines. Other duties may be assigned.AmTrust is an innovative, customer-centric organization. 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 Cyber and Management Liability (Large Cyber, Small Admitted Cyber, Cyber Programs, D&O) for profitability and trendsWork closely with Underwriting, IT and Compliance departmentsProvide formal written communication and documentation of analysesActively participate in discussions where recommendations are presented to the business. Monitor changes agreed to in the meetings via actively maintained data visualization dashboards.Work on actuarial research projects regarding pricing and planningServe as a subject matter expert on pricing and rate developmentComplete state filings, including pulling together rate impacts, state exhibits and answering objectionsQualifications
Bachelor's degree in mathematics, actuarial science, or financial related field preferredThree to five years of actuarial experienceActively pursuing examsUnderstanding of insurance, underwriting, pricing, reinsurance, sales, and financialsAbility to critically problem solve and use business knowledge in developing solutionsSuperior written and verbal communication skillsAdept with programming languages/software such as R, SQL, Python, SAS and/or other statistical programming languages. Working experience with R and SQL strongly preferredAdvanced knowledge of Microsoft ExcelAbility to work with people from diverse backgrounds and with diverse skillsetsThe salary range for this role is $110,000 - $130,000. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.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. 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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