Actuarial Analyst - Pricing

Core Specialty - Chicago, IL

Full-time - Entry Level

Chicago, IL

About the position

The Actuarial Analyst position within the Core Specialty Actuarial Pricing team is responsible for supporting the Property, Marine & Energy, and Surety lines of business. The role focuses on monitoring the portfolio, evaluating rating, assessing new opportunities, and contributing to the annual planning process. The analyst will assist in developing rating tools, budgeting, pricing programs, and preparing actuarial analyses for distribution to 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 requested.
• Supports pricing of new program opportunities and existing programs with technical pricing and analytics.
• Prepares monthly, quarterly, and ad-hoc reports, synthesizing key messages.
• Supports rate filings as requested.
• Applies fundamental actuarial principles in analyzing company and industry data.
• Prepares and presents summaries of actuarial analyses for 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 exams.

Benefits

• Wellness program
• Health savings account
• Disability insurance
• Health insurance
• Dental insurance
• 401(k) with 6% match
• Employee assistance program
• Vision insurance
• 401(k) matching
• Opportunities for advancement