ProSight Specialty Insurance

  • Senior Actuarial Analyst

    Job Locations US-NJ-Morristown
    Posted Date 2 months ago(10/19/2018 12:20 PM)
    Job ID
    2018-1926
    # of Openings
    1
    Category
    Actuary
  • Overview

    ProSight is looking for talented and driven candidates who combine strategic thinking, creativity, and pragmatic execution to drive results. ProSight’s business model is to focus on specific customer niches and drive our competitive advantage through superior understanding of the customer and superior underwriting execution.

    ProSight’s Actuarial department works with internal customers across a wide range of all lines of business, helping them to keep the big picture in focus while being able to dive into unique and complex problem solving.  As a Senior Actuarial Analyst at ProSight you will draw upon your strong mathematic, technical and problem solving skills to analyze data while executing against strategy and benchmarks.  
       
    A key emphasis for the recruitment of ProSight’s Senior Actuarial Analyst is to find an individual who is able to provide a strong degree of technical actuarial acumen while adding to the very unique PSI culture.


    Responsibilities

    • Analyze historical internal data to determine adequate pricing levels for a variety of insurance products and programs, incorporating appropriate external data as needed
    • Work as a member of a broader team (including Actuarial, Underwriting, Sales, and Operations) to develop pricing strategy for programs and products
    • Monitor execution against strategy and benchmarks, reporting out to business partners and senior management as appropriate
    • Solving complex problems and developing innovative approaches to work products
    • Develop Excel-based tools to streamline business processes and workflows
    • Various ad hoc pricing tasks including evaluating new program submissions for viability, and evaluating and pricing large accounts based on historical experience
    • Mentor and contribute in the training of junior analysts

    Qualifications

    • Excellent quantitative, analytical and problem solving skills
    • Effective documentation skills
    • Effective verbal and written communication skills
    • Strong interpersonal skills
    • Advanced M.S. Excel and Word skills
    • Programming knowledge (SAS, Access, VBA, SQL or others) is preferable. 
    • Ability to distill complex concepts into simpler examples in order to communicate to non-technical business partners
    • Ability to manage small scale projects
    • Bachelor’s degree required; Actuarial Science, Mathematics, Economics, Finance, or related field preferred
    • 4-6 years of relevant actuarial work experience
    • Successful completion of several Casualty Actuary Society exams is preferred including new ACAS or near ACAS
    • Experience with long tail general liability business is preferred

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