Senior Actuarial Analyst

Posted:
9/26/2024, 2:21:11 AM

Location(s):
New York, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

We’re thrilled that you are interested in joining us here at the Amynta Group!

The Amynta Group is seeking an experienced actuarial analyst to join the Advanced Analytics and Actuarial function to build, enhance and lead the pricing analyses and advanced analytics of our insurance and warranty businesses. The advanced analytics and actuarial group is a dynamic team that is building insurance pricing models, reserving models, underwriting performance management tools and predictive models. In addition, this team works closely with account managers and business leaders to support merger and acquisition due diligence, new business development, insurance carrier relationships and account renewals. The ideal candidates will be quick on their feet, detail-oriented, excited to take on ad hoc projects, able to quickly pivot from one project to another and will adhere to actuarial standards of practice.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

  • Analyze warranty and MGA program profitability and present results to business leaders.
  • Lead pricing studies for new and renewal customers and programs.
  • Develop predictive models to enhance and improve client and program pricing.
  • Support internal financial statement development around loss sensitive elements of the business including statutory, GAAP and purchase GAAP accounting.
  • Work with the Acquisitions team to perform actuarial due diligence of potential acquisition targets.
  • Work closely with the business intelligence team to build and enhance Amynta’s data analytics capabilities.
  • Maintain best practices within the advanced analytics and actuarial group as well as with technology team partners.
  • Streamline processes and encourage efficiency so that the team can focus its energy on projects that adds value to the Amynta organization.

ABOUT YOU:

KEY REQUIREMENTS:

  • 3+ years of P&C actuarial experience in reserving, pricing and/or predictive modeling.
  • Steady progress towards FCAS designation commensurate with years of actuarial work experience. ACAS or near ACAS preferred.
  • Keen attention to detail.
  • Ability to handle multiple tasks under tight deadlines.
  • The ability to self-start, work independently and drive projects forward in a fast-paced environment.
  • Excellent communication (written and verbal), analytical and interpersonal skills.
  • Advanced Excel user.
  • Experienced SQL user able to independently query and manipulate large data sets to develop business-relevant observations and conclusions and to support decision-making.

PREFERRED:

  • Programming skills – R, Python, SAS or other predictive modeling platforms.
  • Experience independently building and interpreting results of Generalized Linear Models (GLMs) is preferred although not required.
  • Experience working with warranty products, workers compensation or commercial auto.

 

TRAVEL REQUIREMENTS

  • 0%-10%

LOCATION

  • Flexible with a preference for candidates who will come into the NYC office 1-2 times per week.
  • Remote option available for candidates working in eastern or central time zone.

Note: We do not accept any unsolicited resumes from external recruiting firms.

T​he base salary range is $100K to $130K.  Total compensation (base salary & any applicable bonus plan) for this role will depend on several factors including geographical location, relevant experience, credentials, skills and knowledge pertaining to this role and industry.

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.