Actuarial Analyst - Pricing

Core Specialty Insurance Services, Inc. - Chicago, IL

Full-time - Entry Level

Chicago, IL

About the position

The Actuarial Analyst - Pricing role at Core Specialty is focused on supporting the Property, Marine & Energy, and Surety lines of business. The analyst will monitor the portfolio, assist in evaluating rating and new opportunities, and support the annual planning process. This position requires a commitment to the actuarial exam process and involves applying fundamental actuarial principles to analyze data and prepare reports for business partners and senior leadership.

Responsibilities

• Supports the Property, Marine & Energy, and Surety divisions in various actuarial duties.
• Assists with the development of new rating tools and supports existing ones.
• Helps with premium budgeting and loss ratio planning as needed.
• Supports pricing of new program opportunities and existing programs with technical pricing and analytics.
• Prepares monthly, quarterly, and ad-hoc reports, synthesizing key messages for stakeholders.
• Supports rate filings as requested.
• Applies actuarial principles to analyze company and industry data for actuarial analyses.
• Prepares summaries of actuarial analyses for distribution to business partners and senior leadership.
• Participates in the development and documentation of actuarial department processes.
• Prepares for and progresses in the CAS examinations through on-the-job and home study.

Requirements

• Bachelor's degree in Mathematics, Statistics, Actuarial Science, Economics, Finance, or a related field.
• At least 1 year of prior experience in an Actuarial position.
• Must have passed at least 1 actuarial exam, preferably 2.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Short and long-term disability
• 401(k) plan with 100% company match on 6% contribution
• Employee Assistance Plan
• Health Savings Account
• Flexible Spending Account
• Health Reimbursement Account
• Wellness program