AmTrust Financial Services

Associate Actuary, Worker's Compensation Pricing

AmTrust Financial Services$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BS, BA or higher degree
  • ACAS or near with pursuit of FCAS
  • 4+ years in property-casualty commercial insurance
  • Preferred experience in Workers Compensation pricing
  • Strong analytical and communication skills
  • Proficient with Excel, Word, SQL; R or Python is a plus
  • Ability to foster relationships and enhance team culture

Responsibilities

  • Calculate aggregate state rate indications
  • Analyze segmented state profitability and identify opportunities
  • Recommend actions for optimal profitability and growth balance
  • Provide actuarial support for quick, compliant rate filings
  • Communicate insights to Product and business partners for consensus
  • Develop and maintain dashboards to track Workers’ Compensation results
  • Track economic trends and industry benchmarks

Benefits

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

If you’re an ACAS (or near) and excited to work on a collaborative team, solving problems, building strategy, and getting stuff done at a top workers compensation carrier, this is the place for you.

Responsibilities

Drive Profitability

  • Calculate aggregate state rate indications
  • Analyze state profitability at a segmented level and Identify areas of opportunity and challenge
  • Recommend rate changes or other actions that will provide the right balance between profitability and growth.
  • Provide actuarial support for quick rate filing approvals, ensuring rate filings are compliant with state regulations
  • Communicate results and insights to Product and other business partners to gain consensus on a go-forward plan of action

 

Performance Monitoring

  • Develop, enhance, and maintain dashboards to track Workers’ Compensation results
  • Track relevant economic trends and industry benchmarks
  • Price large, high deductible and excess Workers Compensation accounts

 

Additional Contributions

  • Actuarial research projects
  • Planning
  • Reinsurance pricing
  • Support crossline of business sales and pricing initiatives
  • Partnering with the Modeling team to assess predictive model outputs
Qualifications
  • BS, BA or higher degree
  • ACAS or close and pursual of FCAS
  • 4+ years of property-casualty commercial lines insurance experience
  • Workers Compensation pricing experience is strongly preferred
  • Strong analytical and communication skills are a must
  • Extensive knowledge of Excel, Word, and SQL. R or Python knowledge is a plus
  • Ability to build strong relationships and enrich our positive team culture

 

#LI-BL1

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

Similar Jobs

More Jobs at AmTrust Financial Services

More Finance & Insurance Jobs

Find similar Associate Actuary, Worker's Compensation Pricing jobs: