Actuarial Analyst - Pricing

Argo Group - Chicago, IL

Full-time - Entry Level

Remote - Chicago, IL

Merchant Wholesalers, Durable Goods

About the position

The Actuarial Analyst - Pricing role at Argo Group is essential for supporting the actuarial pricing strategy. This position involves collaborating with various business partners to optimize the portfolio and requires continuous development of actuarial skills. The role emphasizes problem-solving, independent work, and the introduction of innovative ideas to improve team performance. The position operates in a hybrid work environment, requiring at least three days per week on-site at one of the company's offices in San Antonio, TX, Chicago, IL, or New York City, NY.

Responsibilities

• Work in a team environment with underwriting, claims, financial, IT, digital and marketing professionals.
• Perform data work in R, Python, SQL, Excel, and PowerBI including data cleansing/manipulation, exploratory data analysis (EDA), and model building.
• Support a full range of actuarial and financial analysis to quantify performance including predictive modeling.
• Collaborate closely with business partners under the managing actuary's direction to improve portfolio performance.
• Evaluate new business opportunities and/or programs and share recommendations with business partners.
• Participate in loss ratio planning and reforecast processes on a quarterly basis, including rate change, loss trend, mix shift, and non-rate actions.
• Explore and become proficient in new tools to drive efficiency and refine existing workflows.
• Create and automate datasets and reports for actuarial analysis.
• Complete rate filings, where applicable.

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, or Finance related field.
• 3+ exams in current pursuit of ACAS or equivalent experience.
• 2+ years of actuarial experience, preferably with commercial lines.
• Experience with at least one coding language (SQL, R, Python, SAS, VBA, etc.).
• Broad overall knowledge of insurance.
• Strong communication skills to convey technical concepts to management and other functional areas.
• Ability to work collaboratively within a team environment.
• Ability to support concurrent projects.
• Polished and professional written and verbal communication skills.
• Detail-oriented with the ability to evaluate the accuracy of information quickly.
• Proficient PC skills, particularly in Windows and Microsoft Office Suite (Excel, Outlook, Word).

Nice-to-haves

• Predictive modeling experience.
• Rate filing experience.
• Creative and flexible mentality.

Benefits

• Competitive compensation and merit-driven profit sharing.
• Flexible workplace policies including compressed hours, flex-time, job-sharing, remote work, sabbatical leave, and holiday hours.
• Comprehensive health, wellness, and financial planning options including dental, disability, life, medical, and vision insurance.
• Matching 401(k) retirement savings plan.
• Generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays, and a paid voluntary day).
• Paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military leave (up to 14 days).
• Employee assistance program (EAP) and an array of voluntary benefits.
• Continuous learning and professional development opportunities through Argo Academy.
• Inclusive culture that develops and sponsors diverse teams and encourages community engagement.