Ryan Specialty Group

Actuarial Manager

Ryan Specialty Group$156K — $195K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field with 6+ years of experience.
  • 3+ years of supervisory or lead experience in actuarial roles.
  • Fellow of the Casualty Actuarial Society (FCAS) or similar credentials preferred.
  • Strong background in actuarial analytics and pricing strategy.
  • Proficient in risk management and financial management.

Responsibilities

  • Develop and manage key stakeholder relationships internally and externally.
  • Conduct regular and ad hoc actuarial analyses of underwriting performance and profitability.
  • Lead strategic analysis and predictive modeling for underwriting intelligence.
  • Support new and existing initiatives through product and tool strategy development.
  • Oversee projects related to portfolio modeling and risk aggregation assessment.
  • Drive technology strategy in actuarial analysis to support decision-making.
  • Maintain effective communication with underwriting teams and insurance partners.

Benefits

  • Comprehensive benefits package catering to physical, financial, and emotional well-being.
  • Paid time off for company holidays, vacation, sick, and personal days.
  • Paid parental leave and mental health services available.
  • Eligibility for bonuses in full-time roles.
Full Job Description
Position Summary
This role will be lead in a multitude of actuarial support for Ryan Specialty business units, central functions, and/or external partners; work may relate to pricing, underwriting support, loss projection, and/or risk analysis; this role is a highly visible position in an area of strategic importance and require significant collaboration and coordination across the organization.

What will your job entail?
Job Responsibilities:
• Development and management of key stakeholder relationships, both internal and external.
• Scheduled and ad hoc actuarial analyses of underwriting performance, profitability, and projection.
• Ownership of strategic analysis and predictive modeling aimed at process/rate/UW intelligence improvement, including identifying strengths, weaknesses, opportunities, threats, and other strategic elements.
• Product and tool strategy & development in support of new and existing initiatives.
• Ownership/leadership of projects, including portfolio modeling & monitoring, risk aggregation assessment, peer & industry comparisons, and business intelligence & management information processes.
• Play a key role in driving strategy around the use of technology underlying actuarial analysis and supporting key decision-making.
• Consistent and efficient communication with the underwriting teams, management teams, and central functions.
• Consistent and efficient communication with insurance partners and external actuarial teams.

Work Experience and Education:
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field with 6+ years.
• 3+ years of supervisor or lead experience.

Licenses & Certifications:
• Fellow of the Casualty Actuarial Society (FCAS), Certification in Risk Management and Assurance (CRMA) or Member of American Academy of Actuaries (AAA) is preferred.

Technical/Functional Skills:
• Business Planning
• Actuarial Analytics
• Pricing Strategy
• Risk Management
• New Product Development
• Corporate Reserving
• Financial Management
• Data Analysis and Reporting
• Product Strategy
• KPI Tracking

Behavioral Skills:
• Effective Communication
• Interpersonal Skills
• Attention to Detail
• Decision Making
• Problem-Solving
• Continuous Learning

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $156,000.00 - $195,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

About Ryan Specialty Group

Ryan Specialty Group (RSG) is a leading international specialty insurance organization that provides innovative solutions for brokers, agents and insurance carriers. The company was founded in 2010 by industry veteran Patrick G. Ryan, the founder and former Chairman and CEO of Aon Corporation. RSG?s mission is to provide the highest quality insurance products and services to its customers, delivered with unparalleled expertise and customer service. The company operates as a holding company with subsidiaries that offer a wide range of specialty insurance products and services.
Learn more about Ryan Specialty Group
Size
2,000 employees
Market Cap
$10.6 billion
Industry
Founded
2010

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