Actuary / Senior Actuary
About the role
As an Senior Actuary on the Pricing team, you will be working under the risk function with talented team members in modeling, risk analytics, decision engine, insurance and tech product. The Pricing team has helped At-Bay launch new products, secure reinsurance capacity, quantify and manage risk related KPIs and adjust pricing to drive profitable growth.
Responsibilities
- Develop deep professional lines knowledge, business acumen, research, and analytical skills
- Lead the development of pricing models for new professional & general liability products
- Work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products
- Drive At-Bay’s professional lines product related initiatives
- Lead a wide variety of pricing projects, from inception to implementation
- Understand the impacts and implications of pricing and underwriting initiatives on the business
- Manage up and cross functionally across various teams
Requirements
- Experience analyzing profitability of developing personal and/or commercial lines products
- Evaluation of profitability of a portfolio of insureds using actuarial techniques and presenting results to senior leaders from multiple disciplines
- Lead pricing projects from end to end, collaborating and communicating cross functionally to ensure success
- ACAS or FCAS certification
- Proficiency with Excel and SQL, and experience with Python and/or R
- Create and present actuarial insights and recommendations to senior leadership
Qualifications
- Advanced degree in Actuarial Science or closely related field
- Minimum of 5 years of relevant experience in actuarial science or related field
- Knowledge of insurance risk management and pricing principles
- Strong analytical and problem-solving skills
- Excellent communication and collaboration skills
Skills
- Excel and SQL
- Python and/or R
- Actuarial techniques and principles
- Insurance risk management
- Collaboration and communication skills
Benefits
At-Bay offers a comprehensive benefits package including health insurance, retirement plans, and paid time off.
Pay
Our estimated base pay range for this role is $150,000-$185,000 per year. Base salary is determined by a variety of factors including but not limited to market data, location, internal equitability, domain knowledge, experiences and skills.
Schedule
The role is full-time and requires regular office attendance.