Senior Actuarial Analyst

SageSure

$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science or a related STEM field.
  • 2-4 years of experience in an actuarial role.
  • Passage of three or more actuarial exams with the ambition to attain ACAS/FCAS.
  • Proficient in programming languages such as Python, R, or SQL.
  • Strong analytical and problem-solving skills combined with effective communication abilities.

Responsibilities

  • Manage and guide interns on actuarial projects aligned with company objectives.
  • Mentor and develop the skill sets of team members in actuarial practices.
  • Advance actuarial analytics through innovative methodologies and techniques.
  • Assess rate adequacy and contribute to indications for pricing strategies.
  • Enhance the pricing models for large accounts in line with evolving market conditions.
  • Prepare necessary documentation for product filings and manage rate inquiries from regulatory bodies.
  • Conduct research and develop predictive models to inform business strategies.

Benefits

  • Opportunity to gain diverse experience in various actuarial disciplines.
  • Hands-on work with challenging projects impacting significant business decisions.
  • Collaborative team culture with direct exposure to senior management.
  • Access to professional development and mentorship opportunities.
  • Engagement in continuous learning and advanced analytics.
Full Job Description
Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experiences to advance your career. You'll not only be predicting and modeling risk in some of America's most challenging markets but will also be working in multiple actuarial disciplines, including pricing, product development, ratemaking, reserving, and advanced analytics. At SageSure, you'll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company with our underwriting, marketing, program operations, and software teams.

What you will be doing:
  • Manage interns and lead work streams and projects tied to company goals.
  • Mentor actuarial team members.
  • Continuously sophisticate and advance the science of core actuarial analytics.
  • Lead/Assist the team in the evaluation of rate adequacy / indications.
  • Support the sophistication of large account pricing.
  • Complete support documentation for product filings with Departments of Insurance and assist with responses to rate related inquiries.
  • Lead/Assist with research projects including developing predictive models and visualizing results to support business decisions.
  • Perform competitive intelligence analysis.
  • Utilize and/or create models to assess profitability in current rating structures.

We're looking for someone who has:
  • Bachelor's degree in Actuarial Science or STEM-related field.
  • 2-4 years of experience in an actuarial role.
  • Passage of three or more actuarial exams with the goal of attaining ACAS/FCAS.
  • Solid analytical, problem-solving, and reasoning skills.
  • Strong communication skills with both technical and non-technical resources.
  • Procactive and collaborative approach to guiding projects across multiple stakeholders
  • Proficient with Microsoft Office suite.
  • Strong technical skills with proficiency in Python, R, or SQL.
  • Deep desire to learn.
  • Ability to work independently and as a team member.
  • Proven organizational and time-management skills; strong attention to detail.
  • Demonstrate understanding and knowledge of key business drivers e.g. underwriting, product, reinsurance, and industry trends.
  • Strong problem-solving and decision-making skills; ability to think critically and strategically.
  • To qualify, all applicants must be authorized to work in the United States.


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