Atbayjobs

Senior Actuarial Analyst, Pricing

Chicago, Illinois, United States. Posted 9 months ago

The role

You will manage program profitability and improve pricing accuracy. You will work cross-functionally with Insurance, Tech Product, Underwriting, Claims, and Decision Engine teams to implement products and lead pricing and underwriting initiatives.

What you will do

  • Manage overall program profitability
  • Improve pricing accuracy
  • Work cross-functionally with Insurance, Tech Product, Underwriting, Claims, and Decision Engine teams
  • Lead and support pricing and underwriting related initiatives
  • Quantify impacts and implications of initiatives on the business
  • Identify ways to improve the overall economics of the business
  • Review existing Cyber and Tech E&O product structures and data sources
  • Complete quarterly rate indications and present recommendations
  • Identify areas of improvement in systems and processes
  • Develop proposals to modify the Cyber rate plan

Required qualifications

  • Evaluated the profitability of a portfolio of insureds using actuarial techniques
  • Communicated results to leadership
  • Worked cross-functionally with underwriting, product management, data science, claims or other analytical departments
  • Developed tools to automate existing processes or improve visibility into product performance
  • Analyzed competitor rating plans and interpreted results
  • Passed 4+ exams in pursuit of your ACAS, FCAS, or other equivalent designation
  • Proficiency with Excel and SQL
  • Experience with Python and/or R

About the company

At-Bay is an InsurSec provider that combines insurance with cybersecurity technology. It offers multiple lines of specialty insurance including Cyber, Tech E&O, and Miscellaneous Professional Liability (MPL) policies.

Senior Actuarial Analyst, Pricing at Atbayjobs | JobZoey