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Core Specialty Insurance Holdings, Inc. · 2 weeks ago

Senior Actuarial Associate - Pricing

Chicago, IL

Full-time

Onsite

Senior Level

$140K/yr - $165K/yr

5+ years exp

Core Specialty Insurance Holdings, Inc. is seeking a Senior Actuarial Associate to join their Actuarial Pricing Team during a time of growth. The role involves supporting Errors & Omissions and Directors & Officers lines of business by monitoring portfolios, evaluating opportunities, and assisting in pricing tool development.

InsuranceMarine Transportation

No H1B

Responsibilities

Ability to effectively communicate assumptions and results of analyses

Assisting with the building and maintenance of pricing tools; including assisting with studies to update rating parameters

Assisting with the loss ratio planning and premium budgeting process; monitoring actuals against plan assumptions; and providing summaries to Underwriting Management and Reserve Committee

Assisting with the building and maintenance of tools to monitor pricing metrics, mix of business, and loss drivers of the portfolio

Opportunity to evaluate new program opportunities through profitability analysis, return on capital, and other key metrics to inform senior leadership decisions

Opportunity to work on a variety of business and with a variety of partners, including brokerage business, MGA-written program business, and business ceded to reinsurance treaties

In addition to the above key responsibilities, you may be required to undertake other duties from time-to-time as the Company may reasonably require

Qualification

Actuarial SciencePricing AnalysisData VisualizationMS Office SuiteCommunication SkillsOwnership of TasksOpen-minded JudgementBachelor’s DegreeACASFCASTeam Collaboration

Required

Bachelor's degree required, prefer degree in Actuarial Science, Computer Science, Business, Math, or Statistics

5+ Years Experience in Pricing and/or Reserving for Property & Casualty business

Ability to effectively communicate assumptions and results of analyses

Assisting with the building and maintenance of pricing tools; including assisting with studies to update rating parameters

Assisting with the loss ratio planning and premium budgeting process; monitoring actuals against plan assumptions; and providing summaries to Underwriting Management and Reserve Committee

Assisting with the building and maintenance of tools to monitor pricing metrics, mix of business, and loss drivers of the portfolio

Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. Finance, Claim, Underwriting, Actuarial, Operations)

Comfortable making judgements, yet open minded to hearing other opinions

Strong communication skills

Ownership of tasks, parts of project

Experience with effectively communicating results of analyses to business partners

High proficiency in MS Office suit (Excel, PowerPoint, Word, etc.)

Preferred

Working knowledge of data visualization software (Power BI, Alteryx, etc.) preferred

A candidate having or currently pursuing ACAS or FCAS and taking actuarial exams

Benefits

Medical, dental, vision, and life insurances

Short and long-term disability

A Company-match of 100% of a 6% contribution 401(k) plan

An Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

A wellness program

Company

Core Specialty Insurance Holdings, Inc.

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.

Founded in 2020

Jersey City, New Jersey, USA

1001-5000 employees