What are the responsibilities and job description for the Actuarial Analyst, Worker's Compensation Pricing position at AmTrust Financial and Careers?
Overview:
AmTrust is an innovative, customer-centric organization. We are looking for someone who will add skillsets to our team in driving results. Ideally, this person will have experience making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or independently improving team workflow.
Responsibilities:
The expected salary range for this role is $60,000-$80,000/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.
#LI-BL1
What We Offer:
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.
AmTrust Financial is seeking an aspiring actuarial student, preferably with pricing experience. This individual will collaborate closely within their team and across departments to develop rate indications and conduct profitability analyses for our retail workers’ compensation portfolio, supporting improved profitability and strategic growth. Strong communication skills are essential, as the role requires effectively conveying analytical findings to both technical and non‑technical audiences.
AmTrust is an innovative, customer-centric organization. We are looking for someone who will add skillsets to our team in driving results. Ideally, this person will have experience making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or independently improving team workflow.
- Refresh existing analyses or perform new analyses and collaborate on process improvements with increasing independence.
- Partner with team members to develop new templates that enhance pricing and planning inputs.
- Actively participate in discussions presenting recommendations to business partners.
- Prepare state filing materials and address regulatory objections.
- Collaborate with teammates to develop compelling presentations for underwriting and management audiences. Produce clear written communication and documentation.
- Serve as a subject matter expert on pricing and rate development.
- Support the fitting, testing, and implementation of predictive models.
- Maintain and update SQL and SAS code used to extract data for various analyses.
- Bachelor’s degree in mathematics, actuarial science, or financial related field preferred
- 1-2 years of actuarial experience
- Actively pursuing exams, with goal of becoming FCAS.
- Understanding of insurance, underwriting, pricing, reinsurance, and financials
- Ability to critically problem solve and use business knowledge in developing solutions
- Excellent written and verbal communication skills
- Adept with programming languages / software such as R, SQL, Python, SAS and/or other statistical programming languages. Working experience with R and SQL preferred
- 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. AmTrust has the right to revise this job description at any time.
The expected salary range for this role is $60,000-$80,000/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.
#LI-BL1
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.
Salary : $60,000 - $80,000