AmTrust Financial Services

Associate Actuary, Pricing

AmTrust Financial Services$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, or a related field
  • ACAS or FCAS designation
  • 5+ years of property-casualty commercial insurance experience
  • Strong analytical and communication skills
  • Extensive knowledge of Excel and SQL, with Power BI and Git skills being a plus
  • Experience in Workers Compensation or commercial lines product support, including rate filings

Responsibilities

  • Produce state rate indications by analyzing trends and underlying data
  • Analyze business segments for profitability and growth opportunities, presenting actionable insights
  • Collaborate with Product, Underwriting, and Data Science departments for data-driven decisions
  • Communicate analytic results clearly to senior leadership
  • Build and enhance dashboards and reports for performance monitoring
  • Lead actuarial research projects and provide interpretative recommendations
  • Support state filing activities and handle regulatory inquiries

Benefits

  • Medical & Dental Plans
  • Life Insurance for eligible spouses & children
  • Health Care Flexible Spending Account
  • Dependent Care Flexible Spending Account
  • 401k Savings Plans
  • Paid Time Off
Full Job Description
Overview

Seeking a motivated and analytically driven Associate Actuary to drive strategic pricing and advanced research projects within our Workers Compensation Pricing group. This is a high-impact role offering the opportunity to work on meaningful business problems and collaborate with a fun, engaged and highly talented team.

 

You will be responsible for developing state rate indications, pricing large accounts, building, maintaining and enhancing monitoring tools, and leading research projects to support pricing strategies. You will apply actuarial methodologies to assess rate adequacy at both an aggregate and segmented level, while generating actionable insights that directly inform underwriting and business decisions.

 

Responsibilities
  • Produce state rate indications. Analyze trends, loss development and other underlying data to select assumptions. Collaborate with business partners to determine the rate need based on actuarial and other business considerations.
  • Analyze segments of business for profitability, trend, and growth opportunities. Present insights and propose actions that support profitable growth.
  • Partner with Product, Underwriting, and Data Science departments
  • Communicate results clearly and concisely to senior leadership.
  • Build, Maintain and enhance dashboards and reports
  • Responsible for actuarial research projects, interpreting results and providing recommendations
  • Lead state filing rate support, produce exhibits and respond to regulatory objections
Qualifications
  • Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, or a related field
  • ACAS or FCAS
  • 5+ years of property-casualty commercial insurance experience,
  • Strong analytical and communication skills are a must
  • Extensive knowledge of Excel and SQL. Power BI and Git skills are a plus
  • Workers Compensation experience preferred or experience supporting commercial lines products, including rate filings
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.

 

About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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