Actuarial Analyst - Pricing

$103,300 - $103,300/Yr

Argonaut Management Services - New York, NY

posted about 1 month ago

Full-time - Entry Level
Remote - New York, NY
Professional, Scientific, and Technical Services

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 analyst will work in a hybrid environment, contributing to problem-solving and bringing innovative ideas to the team.

Responsibilities

  • Work in a team environment with underwriting, claims, financial, IT, digital and marketing professionals.
  • Data work in R, Python, SQL, Excel and PowerBI including data cleansing/manipulation, EDA and model building.
  • Support a full range of actuarial and financial analysis to quantify performance including predictive modeling.
  • Work closely with business partners at managing actuary's direction to provide ways to improve portfolio performance.
  • Support evaluation of new business opportunities and/or programs and share recommendations with business partners.
  • Participate in loss ratio planning and reforecast process 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.
  • 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 with the ability to convey technical concepts to management and other functional areas.
  • Ability to interact and work within a team environment and approach actuarial work as collaborative product.
  • Ability to support concurrent projects.
  • Polished and professional written and verbal communication skills.
  • Detail-oriented and able to quickly evaluate accuracy of information.
  • Proficient PC skills developed through extensive use of Windows and Microsoft Office Suite (particularly Excel, Outlook, and Word).

Nice-to-haves

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

Benefits

  • Comprehensive health, wellness, and financial planning options including dental, disability, life insurance, 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 leave.
  • Employee assistance program (EAP).
  • Flexible workplace policies including remote work and sabbatical leave.
  • Continuous learning and professional development opportunities through Argo Academy.
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