We are looking for an inventive, creative, thoughtful actuarial Associate or new Fellow, who is interested in analyzing complex structures for many lines of business. This person will work closely with underwriting and other actuarial staff to evaluate existing business and diverse new opportunities. Key areas of focus for this role are our growing E&S portfolio and our fronting business. Effective communication of your work to technical and non-technical audiences will be a key strength.
AmTrust is an innovative, customer-centric leader in commercial insurance. We are looking for someone who can work with the various involved parties, both internally and externally to gather information and evaluate the risk and reward of the opportunities presented. This person will assist with making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or improving team workflow.
Responsibilities
- Manage and provide actuarial pricing review for new business opportunities
- Analyze existing business in order to guide strategy
- Review, understand, and refine various pricing models and tools in use by the business
- Liaise with key stakeholders to ensure analyses are clearly communicated and documented
- Monitor key metrics to ensure ongoing profitability
- Assist with strategic pricing projects to improve portfolio profitability
- Strive for continuing process improvement and efficiency
Qualifications
- Bachelor's degree in mathematics, actuarial science, or financial related field.
- Five to ten years of actuarial experience, including pricing of multiple lines of business
- ACAS or FCAS
- 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 SQL, SAS, R preferred
- Ability to work with people from diverse backgrounds and with diverse skillsets
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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.