Senior Actuarial Analyst, Pricing - Ryan Specialty Group
Chicago, IL
About the Job
Position Summary:
Ryan Specialty is looking for a Senior Actuarial Analyst to join our Chicago-based Pricing team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America's Most Loved Workplaces by Newsweek, and has been named 2024 Top Insurance Employer by Insurance Business America.
Location:
Chicago - Illinois - WackerAtlanta - Georgia - Peachtree, Hunt Valley - Maryland, New York - New York - 1166 Ave of Americas
What will your job entail?
Education/Experience/Skills:
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $81,400.00 - $106,837.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Ryan Specialty is looking for a Senior Actuarial Analyst to join our Chicago-based Pricing team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America's Most Loved Workplaces by Newsweek, and has been named 2024 Top Insurance Employer by Insurance Business America.
Location:
Chicago - Illinois - WackerAtlanta - Georgia - Peachtree, Hunt Valley - Maryland, New York - New York - 1166 Ave of Americas
What will your job entail?
- Responsible for developing and managing relationships with key stakeholders, both internally and externally
- Participating in cross-functional projects and initiatives
- Ongoing responsibility for:
- Strategic analyses and business partnership to help business units achieve target loss ratios, including underwriting improvement plans.
- Produce and communicate regular portfolio management analytics to business units.
- Pricing and Rating tool development for new programs. Maintenance and improvement of pricing and rating tools for existing programs.
- Develop tools for identifying and monitoring aggregation of coverage for certain classes or specific exposures.
- Product development - industry, peer, and market analyses to support new initiatives.
- Participate in initiatives to enable standardization and automation across data and reporting.
- Support initiatives to drive strategy around the use of technology, external data, and the collection and organization of enterprise data.
- Liaise with carrier partners on matters of program and portfolio underwriting performance
- Other relevant duties as assigned
Education/Experience/Skills:
- Bachelor's degree in actuarial science, mathematics, finance, statistics, economics or related field
- 3+ years of experience
- 4 or more actuarial exams passed
- Excellent technical aptitude, including:
- Actuarial skills - expertise in pricing and reserving / profitability analyses
- Experience with catastrophe modeling and/or predictive analytics considered a plus
- Proficient with data manipulation, analytics, modeling, and visualization tools (e.g., SQL, Alteryx, MS Office, Power BI, Tableau, R, Python)
- Commercial lines experience strongly preferred.
- Robust knowledge of the insurance industry, especially the specialty, commercial, and/or reinsurance sectors.
- Outstanding interpersonal skills (written and verbal)
- Committed team player, client-focused, highly-motivated
- Strong attention to detail
- Ability to multi-task and meet deadlines
- Ability to solve problems creatively by asking questions and exploring solutions
- Willingness to get involved at all levels / all aspects of the process as necessary
- May be required to have and maintain a valid driver's license.
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $81,400.00 - $106,837.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Source : Ryan Specialty Group
