Actuary / Senior Actuary

At-Bay

Chicago, United States
Base: $150,000-$185,000 py; bonus/equity: not spec...
On-site
Develop pricing models for new products
Analyze product performance
Quantify and manage risk kpis
You will lead the development of pricing models for new professional & general liability products and work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products

Job Summary

  • You will lead the development of pricing models for new professional & general liability products and work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products.
  • By 6 months, you’ll have proposed and implemented changes to the Cyber and Tech E&O rate plan, detailed rating rules and associated business logic for the new product and achieved alignment from key stakeholders.
  • You’ll join a growing team of actuaries and actuarial analysts of diverse backgrounds and report to our Director, Pricing (Eric Murphy).

Matching Summary

You will lead the development of pricing models for new professional & general liability products and work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products.

Salary

Base: $150,000-$185,000 per year; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Develop pricing models for new products
  • Analyze product performance
  • Quantify and manage risk KPIs
  • Leverage technology for efficiency
  • Data-driven decision making

Nice-to-have

  • Deep professional lines knowledge
  • Business acumen and research skills
  • Hands-on operational role
  • Cross-functional collaboration

Key Requirements

  • ACAS or FCAS
  • Proficiency with Excel and SQL
  • Experience with Python and/or R
  • Experience analyzing profitability of developing products
  • Experience evaluating portfolio profitability
  • Experience leading pricing projects end to end

Work Rights

Not specified

Tailored Resume

Cover Letter