AD & Actuarial Associate - AS07AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Assistant Director & Actuarial Associate position is part of the Global Specialty US Actuarial pricing team supporting the $1.6 Billion book of business that includes Wholesale (Primary and Excess Liability, Specialty Auto, Property, Inland Marine), Ocean Marine, Environmental, and Livestock. This role will primarily support the Excess Casualty, Primary Casualty and Environmental lines of business. The position will work in close partnership with our Underwriting Divisions as well as Finance, Product, Claims, and IT departments.

• Refine, enhance, and/or create rating and pricing models.
• Identify and analyze critical pricing and profitability benchmarks.
• Design and build sophisticated pricing strategies to profitably grow various books of business.
• Analyze internal pricing results and competitor information when available.
• Develop and maintain price monitoring systems and tools.
• Partner with Underwriting on large account pricing using experience and exposure rating techniques.

• Support financial planning and budgeting.
• Collaborate with Underwriting to help guide and monitor strategy.
• Participate in the development of procedures to improve data quality.
• Seek out innovative approaches and apply R/SQL skills to enhance existing processes.
• Present analyses and recommendations to teammates and business partners to guide future decisions.

• Near to recent ACAS or FCAS preferred. Candidates with actuarial experience not pursuing exams will be considered.

• Minimum 3+ years of Property and Casualty Insurance Actuarial experience.
• Excess and surplus lines experience is preferred, but other experience in supporting lower frequency/higher severity products may also be applicable.
• Knowledge of Actuarial pricing and reserving techniques.
• Very strong technical/analytical skills; High proficiency in Excel required and experience with R/SQL preferred.
• General knowledge of Property and Casualty insurance operations.
• Effective oral and written communications skills.
• Independently motivated; constantly looks for areas to add value.
• Teamwork skills including ability to effectively collaborate with and influence individuals at different organizational levels.
• Undergraduate degree with a major in Mathematics, Actuarial Science or related field of study.