We are currently recruiting for a Pricing Actuary in NY or NJ (Hybrid schedule). New York, NY – Midtown, White Plains, NY or New Jersey (Florham Park). This is a great opportunity to join the North America Pricing team. The Pricing Actuary will focus on the pricing of specialty products including Ocean Marine, Inland Marine, and Engineered Risk and liaison between the pricing team and the underwriters. 150K – 175K Base + Bonus + Benefits Package
Responsibilities:
- Develop and maintain dashboards for key metrics such as rate adjustments, business composition, loss trends, etc.
- Design and oversee data pipelines to improve the team’s analytics capabilities.
- Continuously review and refine rating and pricing models.
- Quantify the impact of prior underwriting changes and assess new strategies to improve the portfolio.
- Build predictive models utilizing a mix of internal and external data to deepen business insights.
- Work directly with the underwriters on strategic initiatives.
- Conduct profitability studies to ensure sustainable growth and profitability.
- Work with underwriters to identify pockets of opportunity and remediate underperforming segments.
- Improve existing processes and capabilities with technological advancements and industry trends.
- Provide transactional support as necessary.
Requirements:
- FCAS or near FCAS qualification preferred (ACAS a must).
- Outstanding communication and interpersonal skills required.
- Comprehensive understanding of insurance industry / multifaceted operations.
- Proficiency in Excel and at least one programming language (Python, R, SQL, DAX is a plus).
Local candidates only. Must be in a commutable range to NY or NJ locations. Hybrid schedule. No sponsorship. Must be a US citizen or permanent resident. To apply email resume to porecchio@bellwetherstaffing.com