Actuarial Associate - Pricing
Core Specialty Insurance Holdings, Inc. · Chicago, IL · 2 days ago
HybridFinance$95k–$130k/yrFull-time
Key Accountabilities/Deliverables
- Assists with the development of new rating tools when requested, while supporting existing rating tools
- Assists with preparations of monthly, quarterly, and/or ad-hoc reports as needed, while synthesizing and shaping key messages
- Supports pricing of new program opportunities and existing programs and product lines with technical pricing, expected loss ratios, indicated capital utilization, and any reinsurance analytics as requested
- Applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses
- Prepares and may help present summaries of actuarial analyses for distribution to business partners and senior leadership
- Prepares for and progresses in the CAS examinations through on-the-job and home study
Technical Knowledge and Understanding
- Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. Finance, Claim, Underwriting, Actuarial, Operations)
- Becomes aware of where sense of urgency is needed
- Comfortable making judgements, yet open minded to hearing other opinions
- Ownership of tasks, parts of project
Experience
- A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required
- 2+ Years Experience of relevant experience
- Demonstrated actuarial exam success
- Proficiency in MS Office suit (Excel, PowerPoint, Word, etc.)
- A candidate having or currently pursuing ACAS or FCAS and taking actuarial exams
Pay
The expected pay range for the role is $95,000 - $130,000. The specific offer will depend on an applicant’s skills and experiences.