What are the responsibilities and job description for the Senior Actuarial Analyst position at SageSure?
Overview:
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Actuarial Analyst who will be a member of the Actuarial Student Program (ASP) . This position provides an opportunity to take on a role in an entrepreneurial culture and gain a broad perspective across the insurance business. As a member of the Commercial Actuarial team, you will be asked to assist in providing technical and analytical assessments of complex business issues related to the development of new property products and maintenance of existing ones , utiliz ing actuarial techniques to assist in the development and maintenance of sophisticated pricing plans.
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. We provide the support you’d expect—including a rotational program and exam assistance — to develop and champion your whole career.
What you will be doing:
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed markets in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 50 competitively priced home, flood, earthquake, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $1.9 billion of inforce premium and helps protect 640,000 policyholders.
SageSure has more than 1000 employees working remotely or in-office across nine offices: Cheshire, Connecticut; Chicago, Illinois; Cincinnati, Ohio; Houston, Texas; Jersey City, New Jersey; Mountain View, California; Marlton, New Jersey; Tallahassee, Florida; and Seattle, Washington.
SageSure offers generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Actuarial Analyst who will be a member of the Actuarial Student Program (ASP) . This position provides an opportunity to take on a role in an entrepreneurial culture and gain a broad perspective across the insurance business. As a member of the Commercial Actuarial team, you will be asked to assist in providing technical and analytical assessments of complex business issues related to the development of new property products and maintenance of existing ones , utiliz ing actuarial techniques to assist in the development and maintenance of sophisticated pricing plans.
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. We provide the support you’d expect—including a rotational program and exam assistance — to develop and champion your whole career.
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.
- Provide analytical support on portfolio risk evaluation.
- 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.
- 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.
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed markets in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 50 competitively priced home, flood, earthquake, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $1.9 billion of inforce premium and helps protect 640,000 policyholders.
SageSure has more than 1000 employees working remotely or in-office across nine offices: Cheshire, Connecticut; Chicago, Illinois; Cincinnati, Ohio; Houston, Texas; Jersey City, New Jersey; Mountain View, California; Marlton, New Jersey; Tallahassee, Florida; and Seattle, Washington.
SageSure offers generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
