Job Abstract

Requisition ID

2024-16918

Category

Actuarial

Position Type

Regular Full-Time

Looking for a driven, inventive, and thoughtful actuarial candidate to help guide the adoption of complex models for multiple lines of business. This person will work closely with data scientists, other actuarial staff, and underwriters to create frameworks for model adoption, set model objectives, analyze modeling data, validate models, and assess model impact to help drive profitable growth at AmTrust. Effectively communicating the results of your work to technical and non-technical audiences are key.

AmTrust is an innovative, customer-centric leader in commercial insurance. We are looking for someone who can work with the various involved parties, both internally and externally to gather information and evaluate the risk and reward of the opportunities presented. This person will assist with making creative methodology changes, driving a process to a conclusion while meeting critical deadlines and/or improving team workflow.

• Maintain an up-to-date understanding of the insurance landscape, emerging trends, data science concepts, and new technologies that may impact pricing models
• Collaborate with various teams to understand, develop, and implement predictive models for pricing, portfolio management, and planning purposes
• Communicate with business and technical stakeholders to ensure transparency and common understanding of goals and prioritization
• Foster a strong risk management culture within the department, including maintaining model documentation, managing model change management processes, and adhering to established governance policies and data operations and coding best practices
• Leverage database and business intelligence tools to extract, analyze, and communicate data to support robust business decisions
• Develop and enhance team processes to be effective, repeatable, and scalable
• Serve as an actuarial modeling expert by providing technical model support and relevant training to other actuaries and underwriters within the organization

• Bachelor’s degree in Actuarial Science, Mathematics, or related field
• 3+ years of actuarial experience and actively pursuing ACAS or FCAS
• 3+ years of hands-on SQL, Python or R experience with strong data exploration and manipulation skills
• Strong grasp of statistical methods applied to insurance data, including the ability to identify and articulate data and modeling issues
• Ability to build a sense of trust and rapport that creates an effective workplace
• Excellent problem-solving skills and attention to detail
• Demonstrated ability to experiment with and learn new technologies

The salary range for this role is $110,000 - $130,000. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.

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AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.