Jobs · Finance · Illinois

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.

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