Associate Actuary

Overview:

ACAS or a new FCAS requested to participate in program pricing and other actuarial research and development projects for AmTrust Underwriters, Inc. Extensive experience in pricing of primary and/or reinsurance business is a must. Experience in pricing of program business is preferred. Essential Duties and Responsibilities include the following. Other duties may be assigned. 

• Actuary will take an assistant role in pricing individual programs/accounts. Will be responsible for development and adequacy of underlying and specific/aggregate excess loss picks and ROEs. Will effectively communicate results of analysis to underwriters and program managers. Will monitor results of assigned accounts. 
• Actuary will assist with monitoring and interpretation of program results 
• Actuary will lead projects in data collection and dissemination of results to underwriters and senior management 
• Maintain communication with IT, compliance, claims, and UW departments on the various actuarial issues 
• Be responsible for on-time completion of requests from other departments 
• Work on actuarial research projects regarding pricing and planning. 
• Serve as a subject matter expert on pricing and rate development 

• BS, BA or higher in mathematics preferred; ACAS or FCAS preferred
• 2-3 years' experience in a pricing atmosphere on large accounts resulting in actuarial familiarity
• Extensive knowledge of MS Excel, MS Access, SQL, and VBA preferred
• Business knowledge should include, but not be limited to basic accounting, finance, and insurance market place
• Strong analytical and communication skills are a must

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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.