New York, New York
Wilkes Barre, Pennsylvania
New York City, New York
Posted: 15-Sep-23
Location: Cheshire, Connecticut
Type: Full Time
Salary: $80,000 - $90,000
Categories:
Salary Details:
Required Education:
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Actuarial Analyst. This position provides an opportunity to take on a role in an entrepreneurial culture and gain a broad perspective across the insurance business. As a member on the Product Development and Research team, you will be asked to assist in providing technical and analytical assessments of complex business issues related to the development of new property products and maintenance of existing ones. You will utilize actuarial techniques to assist in the development and maintenance of sophisticated pricing plans. You will also have the opportunity to help build out a reserving function.
Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experiences to advance your career. You’ll not only be predicting and modeling risk in some of America’s most challenging markets but will also be working in multiple actuarial disciplines, including pricing new product development and reserving. At SageSure, you’ll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company to leverage synergies with our underwriting, marketing, program operations and software teams. We provide the support you’d expect—including a rotational program and exam assistance—and develop and champion your whole career.
What you’d be doing:
- Assisting the Product Development team in the evaluation of rate adequacy.
- Assisting with statewide and territorial rate indications.
- Conducting renewal impact analyses.
- Performing reserving analyses across multiple segmentations.
- Taking part in our Actuarial Student Rotation Program.
- Managing interns as well as lead work streams and manage projects of moderate complexity.
- Completing support documentation for product filings with Departments of Insurance and assisting with responses to rate-related inquiries.
- Assisting with research projects including developing predictive models and visualizing results to support business decisions.
- Performing competitive intelligence analysis.
- Mentoring other actuarial team members.
About the Actuarial Team at SageSure:
Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experiences to advance your career. You will not only be predicting and modeling risk in some of America's most challenging markets but also working in multiple actuarial disciplines, including pricing and product. At SageSure, you will gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company to leverage synergies with underwriting, marketing, program operations, and software. We provide the support you would expect, including a rotational program and exam assistance, and we are dedicated to developing and championing your entire career.
We’re looking for someone who has:
- Bachelor’s degree in Actuarial Science or STEM-related field.
- Passing grades on a minimum of 3 CAS Exams.
- Solid analytical, problem-solving and reasoning skills.
- 2-4 years of experience.
- Strong communication skills with both technical and non-technical resources.
- Proficient with Microsoft Office suite.
- Strong technical skills; proficiency in R and SQL.
- Willingness to learn.
- Ability to work independently and as a team member.
- Proven organizational and time-management skills; strong attention to detail.
- Intermediate problem-solving and decision-making skills; ability to think critically and strategically.
- To qualify, all applicants must be authorized to work in the United States.
