AmTrust Financial Services

Senior Actuarial Analyst

AmTrust Financial Services$100K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field (mathematics, actuarial science, finance preferred)
  • Three to five years of actuarial experience
  • Active progress in actuarial exams
  • Strong understanding of insurance, underwriting, pricing, and financial concepts
  • Excellent critical problem-solving skills and ability to develop business-based solutions
  • Exceptional written and verbal communication skills
  • Advanced skills in statistical programming (R, SQL, Python, SAS) and Microsoft Excel

Responsibilities

  • Analyze commercial lines to assess profitability and identify trends
  • Collaborate with Underwriting, IT, and Compliance teams
  • Document analyses with formal written communication
  • Participate in business discussions and monitor implementation of recommendations via data visualization dashboards
  • Conduct actuarial research on pricing and planning
  • Act as a subject matter expert on pricing and rate development
  • Complete state filings and address any objections

Benefits

  • Medical & Dental Plans
  • Life Insurance for eligible family members
  • Health Care Flexible Spending Accounts
  • Dependent Care FSA
  • 401k Savings Plans
  • Paid Time Off
  • Opportunities for career advancement
Full Job Description
Overview

AmTrust Financial is seeking an innovative Senior Actuarial Analyst to drive strategic pricing and advanced research projects within our Programs group, offering cutting-edge opportunities to develop sophisticated actuarial methodologies. Candidates with expertise in commercial lines pricing will be ideal.

This position will require hybrid attendance in our New York, NY or Southington, CT offices.

Responsibilities

  • Independently analyze segments of commercial lines for profitability and trends
  • Work closely with Underwriting, IT and Compliance departments
  • Provide formal written communication and documentation of analyses
  • Actively 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 planning
  • Serve as a subject matter expert on pricing and rate development
  • Complete state filings, including pulling together rate impacts, state exhibits and answering objections


Qualifications

  • Bachelor's degree in mathematics, actuarial science, or financial related field preferred
  • Three to five years of actuarial experience
  • Actively pursuing exams
  • Understanding of insurance, underwriting, pricing, reinsurance, sales, and financials
  • Ability to critically problem solve and use business knowledge in developing solutions
  • Superior written and verbal communication skills
  • Advanced proficiency in statistical programming languages including R, SQL, Python, and SAS, with demonstrated ability to develop complex analytical solutions and drive data-driven decision-making
  • Advanced knowledge of Microsoft Excel
  • Ability to work with people from diverse backgrounds and with diverse skillsets

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position.

The expected salary range for this role is $100K-140K/year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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 Senior Actuarial Analyst jobs: