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Actuarial Analyst - Insurance Pricing
Actuarial Analyst - Insurance PricingAspen Insurance Group • Jersey City, NJ, US
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Actuarial Analyst - Insurance Pricing

Actuarial Analyst - Insurance Pricing

Aspen Insurance Group • Jersey City, NJ, US
15 hours ago
Job type
  • Full-time
Job description

Overview

Join to apply for the Actuarial Analyst - Insurance Pricing role at Aspen Insurance Group

We have an exciting opportunity for someone who wants to work for a company with one of the best cultures in the market. We are seeking an Actuarial Analyst who has completed at least two exams towards their FCAS with at least 2 years of experience in property and casualty insurance. You will work with a dynamic group, learn large account pricing, profitability analyses, trend studies, and support rating models, while interacting with many parts of the business.

If you are ready to learn more, expand your knowledge and gain hands-on experience, read on.

We are seeking an Actuarial Analyst to provide high-quality actuarial pricing / modelling work using appropriate methods, systems and platforms. This role will support the actuarial function in achieving its strategic objectives and the company's ambition to achieve sustainable portfolios and profitable growth.

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities

  • Development of actuarial analysis and analytics, to support greater insight to Underwriters, Actuaries and other stakeholders
  • Delivery of accurate, appropriate, and timely analysis
  • Work completed in a timely manner
  • Assist in constructing and maintaining databases and models to support business analyses by extracting, compiling, reviewing, and analyzing data
  • Assist in the collection and development of accurate data to be used in analyses and reviews
  • Improved accuracy of data
  • Assist in wider initiatives, as required, aligned to business need
  • Undertake investigations of data and technical issues to identify misuse or training needs
  • Gathers information and contributes to prioritization of actuarial projects
  • Analyze data and draw conclusions with assistance from more experienced colleagues
  • Develop familiarity with actuarial functions such as pricing, reserving, modelling, and business planning
  • Maintain and develop actuarial work products in line with the strategic priorities of the business
  • Learn and use tools to perform tasks to support actuarial functions
  • Perform checks within processes to minimize errors and verify data reconciliations
  • Provide appropriate documentation and training to users of actuarial work
  • Act as a subject matter representative, ensuring actuarial work products use appropriate techniques and diagnostics
  • Advocate for Aspen Principles & Values
  • Contribute to improving the Aspen actuarial process
  • Provide regular input to team meetings and contribute to prioritization of development activities

Skills & Experience

  • 2+ years' experience in an actuarial (pricing) role in property and casualty insurance
  • Advanced Excel skills and basic programming in SQL, R or Python; Power BI is a plus
  • Strong academic record in Mathematics, Statistics, Economics or Actuarial Science
  • Good interpersonal and communication skills
  • Good organizational skills
  • Able to work independently and as part of a team
  • Able to manage conflicting priorities to meet deadlines
  • Ability to plan effectively and efficiently
  • Inquisitive and intellectually curious
  • Willing to work toward a recognized qualification relevant to the role
  • Experience of working within a corporate environment
  • Job Details

  • Seniority level : Associate
  • Employment type : Full-time
  • Job function : General Business
  • Industries : Insurance
  • New York, NY

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    Actuarial Analyst • Jersey City, NJ, US