Associate Actuary
AmTrust Group

Job Info

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Overview

Summary:

Looking for an inventive, aspiring actuary with pricing experience in challenging segments. This person will work closely with underwriting and other actuarial staff to segment our Program workers' compensation portfolio to improve profitability and encourage growth. Effectively communicating the results of your work to technical and non-technical audiences are key.

AmTrust is an innovative, customer-centric leader in workers' compensation with an expanding book of program business. We are looking for someone who will add skillsets to our team in driving results. Ideally, this person's will have experience making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or independently improving team workflow.

Responsibilities

Responsibilities:

1. Independently refresh analyses and collaborate to improve the processes
2. Analyze new business opportunities
3. Provide formal written communication and documentation of analyses
4. Take responsibility for creating new templates to improve pricing and planning inputs
5. Actively participate in discussions where recommendations are presented to the business. Monitor changes agreed in the meetings.
6. Maintain, update, and develop pricing tools
7. Participate in monitoring efforts, including building tools, training colleagues to update/use/analyze the tools, and provide insightful feedback from analysis of the reports.
8. Participate in predictive modeling efforts, including coding, results analysis and testing, variable selection, implementation and other aspects of the projects
9. Prepare state filing materials and respond to objections
10. Design influential underwriting and management presentations
11. Serve as a subject matter expert on pricing and rate development

Qualifications

Preferred Qualifications:

• Bachelor's degree in mathematics, actuarial science, or financial related field.
• Four to seven years of actuarial experience.
• ACAS, or actively pursuing with completion of Exam 5 preferred.
• Basic understanding of insurance, underwriting, reinsurance, sales, and financials.
• Ability to critically problem solve and use business knowledge in developing solutions.
• Superior written and verbal communication skills.
• Advanced knowledge of Microsoft Excel
• Adept with programming languages / software such as SAS, R, SQL, and/or other statistical programming languages preferred
• Demonstrated project and portfolio management skills.
• Ability to work with people from diverse backgrounds and with diverse skillsets

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.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

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